Monthly Archives: February 2011

Short Sales Increase with New HAFA Regulation

Posted on February 23, 2011 by Stout Law Firm

February 23, 2011: Servicers are moving toward a proactive approach in pursuing short sales as an alternative to foreclosure, servicers on a Mortgage Bankers Association panel said Wednesday. A component and specialty servicer, meanwhile, predicted that short sales could increase … Continue reading →

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Las Vegas Housing Prices Declined In January

Posted on February 21, 2011 by Stout Law Firm

February 21, 2011: Home prices in 23 U.S. metropolitan areas fell 2.2% in December, the largest one-month drop for fiscal 2010, and a sign that foreclosed properties continue to weigh down home values across the nation, the FNC Residential Price … Continue reading →

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Steve Kitnick C.E. Seminars Are Free For February

Posted on February 9, 2011 by Stout Law Firm

All seminars take place at imortgage, 9139 W. Russell Road, Suite 100, Las Vegas, Nevada 89148. Call (702) 255-8722 to register. The following is a list of seminars for February 2011: Thursday, February 10, 2011, 9:00-Noon: Commission Hearings Tuesday, February … Continue reading →

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Majority of Las Vegas Home Purchases Are All Cash

Posted on February 9, 2011 by Stout Law Firm

February 9, 2011: Home sales and prices dipped in January but investors filled the void by becoming an even more dominant player in the Southern Nevada housing market. The Greater Las Vegas Association of Realtors announced today that 51 percent … Continue reading →

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Judge Hunt Lifts the Recontrust Foreclosure Stay

Posted on February 4, 2011 by Stout Law Firm

February 4, 2011: Federal Judge Hunt overuled Parumph Judge Lane’s order halting Recontrust foreclosures. On January 31, 2011 Judge Hunt issued an order lifting the injunction which halted all Recontrust’s foreclosures. Recontrust is the company who helps Bank of America … Continue reading →

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