Friday, February 18, 2011

Nevada Supreme Court announces changes to foreclosure program

The Nevada Supreme Court has announced modifications to its Foreclosure Mediation Program, including creation of an advisory committee to recommend program improvements.


The modifications, which take effect March 1, address the program that was created in 2009 by the Legislature to address Nevada's foreclosure crisis.


“Periodic revisions of Foreclosure Mediation Program rules have always been anticipated,” said Chief Justice Michael L. Douglas. “The Supreme Court intent is to ensure that the program works for those who need and use it – both homeowners and lenders.”

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