After passing of AB 284 which took effect in October and brought Reno notice of defaults from 500-600 a month to around 8, Homeowner’s just got another hall pass for free living starting this month. Still not sure of the impact of hardly any if at all foreclosed homes in Reno to buy at the court house steps and the Reno REO-bank owned listing agents will have with this.
Here is an article from RGJ, Reno Gazzette Journal, off of the RGJ.com website. (Oh yeah, check out the name on the sign lol):

http://www.google.com/url?sa=X&q=http://www.rgj.com/article/20111103/BIZ/111030326/4-5-million-foreclosed-borrowers-may-eligible-reviews&ct=ga&cad=CAcQAhgBIAEoBDADOABA6rPM9QRIAVgAYgVlbi1VUw&cd=gnd1xCzN0kE&usg=AFQjCNHx-TKby5CLeucsh6p-UjLOrmnZzA

4.5 million foreclosed borrowers may be eligible for reviews | Reno …
Nearly 4.5 million current and former U.S. homeowners soon will get a chance to have their foreclosure cases reviewed for mistakes and potential restitution.
www.rgj.com/…/4-5-million-foreclosed-borrowers-may-eligibl…

Filed under: FORECLOSURES