Las Vegas Foreclosure & Short Sale Blog

75% of modified home loans will re-default

Most borrowers who have had their mortgages modified through a government-sponsored program will redefault within 12 months, according to a report released Wednesday.   Between ...Read more

US economy faces “double-dip” recession

Economists in the United States, are worried that their country’s maybe facing a double-dip recession. A disappointing employment situation and a lack of consumer ...Read more

BofA: Mortgage Walkaways Have Huge Incentive

Bank of America rolled out their new “Principal Reduction Enhancement” program, which is an earned principal forgiveness plan for borrowers behind on their mortgages ...Read more