As the lending community is well aware, the mortgage industry in the state of Nevada remains in flux. Nevada continues to deal with the aftermath of the Nevada Supreme Court’s September 2014 decision in SFR Investments Pool...more
What changes were brought about to the HOA foreclosure sale landscape by the passage of SB 306 in Nevada?
SB 306 contained a number of important revisions to Nevada’s super-priority lien statute that will provide...more
8/3/2015
/ Deed of Trust ,
Fannie Mae ,
Foreclosure ,
Freddie Mac ,
GSE ,
HERA ,
Homeowners Association (HOA) ,
Junior Liens ,
Liens ,
Loans ,
Mortgages ,
Preemption ,
Super Priority
Yesterday, the U.S. District Court for the District of Nevada issued an important ruling concerning the litigation over whether homeowners’ association foreclosures under Nevada’s super-priority lien statute (NRS 116.3116)...more