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Council Votes For Horse-Drawn Carriages
The Progressive Bluegrass Sounds Of The Infamous Stringdusters
The Good Foods Of Lent
Boycott Las Vegas Say Social Conservatives
How Safe Is Your Food?
Robert Coover And The Return Of The Brunists
Castro And Patrick Spar Over Immigration
Behind The Bundy Ranch Standoff
Can 'Serious' Reading Happen Online?
Lynne Jasames On Why 'It's Okay To Cry'
BASE Jumping: The Allure And The Danger
Tax Advice For The Alternative Economy
The Secret History Of Las Vegas
Anti-Government Protesters Win Round Against BLM
Bryan Ferry (Of Roxy Music) Brings His Orchestra To Vegas
Is Tipping Obsolete?
Deal Reached Between North Las Vegas And Labor Unions
Being Oscar
The Life Cycle Of A Mall
Fixing Nevada's Mental Health System
Bundy Family Says Local Officials Need to Step In To Stop BLM Dispute
The Future Of Space Tourism

The Mortgage Settlement
The Mortgage Settlement

AIR DATE: February 14, 2012

State and federal officials across the country have announced a $26 billion settlement to charges that major banks acted carelessly and fraudulently in foreclosing on millions of homeowners across the country. Nevada Attorney General Catherine Cortez Masto had been reluctant to join but did include Nevada at the very end of marathon negotiations. So what will this mean for homeowners? Who will get a slice of that big pie? And is it a big pie after all?
Josh Boak, reporter,

comments powered by Disqus
I have bought a house in 2006 for 220,000, a down payment of 22,000. I Have paid an average of 1.200,00/mo since then. We still owe the bank basically the same amount - 200,000. We were forced to do a short sale on the house for the actual value - less than 40,000. Why could'nt the bank had accepted this amount from us, instead of from somebody else? If the banks do not negotiate the principal, there is no real help.
Ester TorresFeb 10, 2012 09:44:07 AM
I agree that $2,000 is a very low amount for someone that has lost their home, but what amount would be right? $5,000, $10,000?
AndresFeb 10, 2012 09:17:04 AM
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