Washington, DC - March 17, 2010 - (RealEstateRama) — Today U.S. Congressman Dean Heller (R-NV) offered an amendment in the House Ways and Means Committee on H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010.  Heller’s amendment failed by vote of 15 to 22. more »

LAS VEGAS, NV - March 10, 2010 - (RealEstateRama) — A man who owned and operated numerous now-defunct Nevada investment companies, and two of his former employees, were indicted by the federal grand jury today on mortgage fraud charges, announced Daniel G. Bogden, United States Attorney for the District of Nevada. more »

Las Vegas, NV - February 19, 2010 - (RealEstateRama) — Nevada Senator Harry Reid and President Barack Obama are announcing a new effort to stem foreclosure in the Silver State. This program will provide further incentives for banks to renegotiate mortgages and rewrite second liens and will make loans available to unemployed homeowners. more »

Washington, D.C. - January 29, 2010 - (RealEstateRama) — Congresswoman Dina Titus of Nevada’s Third District released the following statement today on the news that the economy grew 5.7 percent in the fourth quarter of 2009, the fastest pace since 2003. more »

WASHINGTON, DC - January 14, 2010 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $20,995,000 in Recovery Act funding to the Housing Authority of the City of Reno in consortium with the City of Reno Credit Counseling Services and Nevada Rural Housing Authority with for-profit partners Reno Reality, Inc. and Charles Schwab Bank under HUD’s Neighborhood Stabilization Program (NSP). The NSP grants announced today are part of $2 billion awarded nationwide to local communities and nonprofit housing developers to combat the effects of vacant and abandoned homes while creating jobs. more »

WASHINGTON, DC - January 13, 2010 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded $204,872 to housing authorities in Reno, Las Vegas and Clark County to help public housing residents find jobs that lead them toward economic independence. For information on state funding, visit HUD’s website. more »

Washington, D.C. - January 13, 2010 - (RealEstateRama) — Congresswoman Dina Titus released the following statement today on news reports that Wall Street banks are expected to again give out large bonuses this year. more »

WASHINGTON, DC - December 29, 2009 - (RealEstateRama) — In an effort to bring much needed assistance to Nevada homeowners who are struggling with their mortgages, Nevada Senator Harry Reid recently sent a letter to Bank of America urging the bank to direct more resources toward Nevada. more »

WASHINGTON, DC - December 23, 2009 - (RealEstateRama) — The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep twenty local homeless assistance programs throughout Nevada operating. The funding is part of nearly $1.4 billion that will help an unprecedented 6,400 existing programs nationwide to continue offering critically needed housing and services to homeless persons and families. more »

Single mom denied housing for having too many children

WASHINGTON, DC - December 18, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Las Vegas real estate broker and two homeowners with violating the Fair Housing Act by denying a mother of seven the opportunity to rent a four-bedroom home because they thought she had too many children. The owners of the house instead rented to a couple with one child. The Fair Housing Act prohibits housing discrimination based on family status, including discrimination based on the number of children. more »

Reno, NV - December 17, 2009 - (RealEstateRama) — Associated Management, Inc. (AMI), an Associa Company, is holding a food drive through December 31, 2009 in support of the Evelyn Mount Outreach Program. The Evelyn Mount Outreach Program gives food to the needy in Reno and Sparks during the holidays and the elderly all year. more »

Washington, D.C. - December 11, 2009 - (RealEstateRama) — Congresswoman Dina Titus of Nevada’s Third District voted today for critical financial regulatory reform that will help ensure that the financial crisis leading to the worst economic recession since the Great Depression will not happen again.  The Wall Street Reform and Consumer Protection Act passed the House by a vote of 223 to 202, and includes an amendment offered by Congresswoman Titus that protects seniors from predatory lending practices for reverse mortgages. more »

Washington, D.C. - December 10, 2009 - (RealEstateRama) — Congresswoman Dina Titus of Nevada joined with Congresswoman Jan Schakowsky of Illinois to introduce an amendment to the Wall Street Reform and Consumer Protection Act of 2009 that will help protect seniors from predatory practices by lending agencies.  The amendment will protect seniors from lenders trying to entice them into reverse mortgages without providing clear information that is needed to make important decisions about such complex financial instruments. more »

Las Vegas, NV - November 25, 2009 - (RealEstateRama) — Nevada Senator Harry Reid today joined Federal Trade Commission Chairman Jon Leibowitz, Nevada Attorney General Catherine Cortez Masto, Assistant U.S. Attorney General Tony West, NeighborWorks Program Director Marietta Rodriguez and the members of the Nevada Foreclosure Task Force to raise awareness about mortgage fraud and law enforcement efforts in Nevada to prosecute it. more »

LAS VEGAS NV - November 12, 2009 - (RealEstateRama) — A former Las Vegas resident has been charged with federal conspiracy and fraud charges for his involvement in a Nevada mortgage fraud scheme involving straw buyers and falsified mortgage loan documents, announced Daniel G. Bogden, United States Attorney for the District of Nevada. more »