Nevada Lawmakers Should Heed FHFA Warning When Addressing HOA Foreclosure Issue

If lawmakers don’t heed these warnings, FHFA officials have suggested that lenders could seriously curtail or even stop making mortgage loans in Nevada.

As the Nevada Legislature wraps up this month, state lawmakers will be addressing several issues important to homeowners and the local housing market. One of the most crucial, and perhaps most complex, deals with foreclosures by homeowner associations. Groups representing HOAs are fighting any legislation that could threaten or eliminate the so-called super priority lien … [Read more...]

Nevada’s Residential Market: A Season of Change

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices.

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are much … [Read more...]

Mortgage Pro Corrigan Teams Up with Premier Mortgage Lending

Second-generation mortgage professional Sean Corrigan joined Premier Mortgage Lending as its new production manager in January.

Second-generation mortgage professional Sean Corrigan joined Premier Mortgage Lending as its new production manager in January. The Las Vegas native brings 25-plus years of mortgage experience to the full-service, Las Vegas-based mortgage company. His previous lending experience includes working with Stanwell Mortgage, Fannie Mae, Aspen Mortgage and Aspen Financial … [Read more...]