Listen

News 88.9 KNPR
Classical 89.7 KCNV

member station

The Nevada Supreme Court will consider adding more requirements for banks in the Mortgage Mediation Program. The rules would require banks to disclose the price they paid if they bought a mortgage at a discount because the owner wanted to unload it. Sometimes, this could be as little as 5 cents in the dollar on the value of the note. So what impact would that have? Would it speed up and improve the mediation program or set up unrealistic expectations on what banks would be willing and able to cut off the mortgage's principal?
 
GUEST
Barbara Buckley, Exec Dir, Legal Aid Center of Southern Nevada
Bill Uffelman, Exec Dir, Nevada Bankers' Association

Support comes from

You won’t find a paywall here. Come as often as you like — we’re not counting. You’ve found a like-minded tribe that cherishes what a free press stands for.  If you can spend another couple of minutes making a pledge of as little as $5, you’ll feel like a superhero defending democracy for less than the cost of a month of Netflix.

More Stories

KNPR
KNPR's State of Nevada
KNPR
KNPR's State of Nevada
KNPR
KNPR's State of Nevada