As part of a $2 trillion federal aid package, the federal government is making it easier for struggling homeowners to get mortgage relief from lenders.
This weekend homeowners can meet face-to-face with representatives from Bank of America, Wells Fargo, Chase, Citi, and others to get help with their mortgages. Governor Sandoval and the Nevada Department of Business industry host the "Home Means Nevada" help for homeowners event at the Cashman Center on Friday, March 9 and Saturday, March 10. Homeowners can get help with lowering mortgage payments, principal reduction and short sale assistance. We talk with the director of the Nevada Department of Business and Industry about the type of help homeowners can get and why they need it.