Lenders' moratorium and government effort slow local foreclosures

Smith, Hubble
February 2009
Las Vegas Business Press (10712186);2/23/2009, Vol. 26 Issue 8, pP14
The article reports on the decline in the number of home foreclosures in the U.S. from December 2008 to January 2009 attributed to the moratorium on foreclosures by Fannie Mae and efforts of the U.S. government to keep people in their homes, according to online source Foreclosures.com. Preforeclosures in Clark County, Nevada increased from 5,765 to 6,050 during the period. Foreclosures in California, Florida and Nevada also dropped in January 2009.


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