The dust is beginning to settle after the federal government and 49 states agreed to settle with five banks over allegations of fraudulent foreclosure documents. The deal will pay homeowners who lost their homes some money and will allow people facing foreclosure the opportunity to have the interest or the principal lowered on their mortgages. But how much impact can that make? And will it only speed up the process of getting more homes onto the market, which will push prices even lower?
Nevada Attorney General Catherine Cortez-Masto has guts. She's taken on big banks, like Bank of America, for allegedly frauding homeowners in her state. On our show, we discuss what she can do as state attorney general, and whether her efforts will, in fact, help Nevada homeowners.
Do you have any questions or suggestions for the state's AG? Let us know in the comment section below.
The United States Supreme Court has finally decided that Nevada can ban advertising for prostitution in counties where the world's oldest profession is illegal. The high court let stand the United States 9th Circuit Court of Appeals decision that said the ban on brothel advertising was constitutional.