Governor Gibbons meets with lenders in Las Vegas to discuss foreclosure situation

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Governor Gibbons meets with lenders in Las Vegas to discuss foreclosure situation

Governor Gibbons met with lenders in Las Vegas on Thursday to discuss the foreclosure crisis, KVBC reported. Heâ€™s working with the lenders to solve the foreclosure problem and help keep people from losing their homes.

According to the report, the governor hasnâ€™t set a time frame for his solutions, but warned that the problem wouldnâ€™t be solved overnight.

The crisis is happening all over the nation and Congress recently passed legislation to help homeowners who are unable to make monthly payments due to adjustable-rate mortgages. Read a previous post about this here.

For more information, read the KVBC article.

Posted October 5, 2007 9:15 AM by Kevin Chomintra | Permalink | Email This

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What's happening in the Las Vegas real estate market. Gossip, trends, the homes and the people. From high-rises to condo conversions to suburban living.

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