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Heller Votes to Terminate TARP Created Program

Washington, DC - March 15, 2011 - (RealEstateRama) -- U.S. Congressman Dean Heller (R-NV) voted in support of the FHA Refinance Program Termination Act (H.R. 830), which was created by the Wall Street bailout (TARP) and has refinanced only 44 loans nationwide as of mid-February

Berkley, Cardoza to Lead Housing Stabilization Task Force in New Congress

March 1, 2011 - March 1, 2011 - (RealEstateRama) -- U.S. Congresswoman Shelley Berkley (NV) and U.S. Congressman Dennis Cardoza (CA) today announced they would co-chair the Democratic Caucus Housing Stabilization Task Force in the 112th Congress. The two Members of Congress represent regions of the country – Las Vegas and California's Central Valley – that have been ground zero for the housing crisis. The Task Force was first created in 2010 under the leadership of Berkley and Cardoza. This Congress, members of the task force will continue focusing on solutions to the nation's residential housing crisis.

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Nevada Short Sale Information – FTC Cracks Down on Loan Modification...

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

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BLM PROPOSES TO SELL 754.88 ACRES OF PUBLIC LAND IN CLARK...

The Bureau of Land Management Las Vegas Field Office is seeking public comments on a proposal to sell 40 parcels totaling 754.88 acres of public land in Clark County, Nevada. The competitive sale would be by sealed and oral bidding in accordance with the Southern Nevada Public Land Management Act (SNPLMA). A Notice of Realty Action published in today’s Federal Register opens a 45-day comment period which will close January 8, 2018.