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Fitch Downgrades First Industrial's IDR to 'BBB-'; Outlook Stable - StreetInsider.com
--$1.3 billion senior unsecured notes to 'BBB-' from 'BBB'; --$200 million senior unsecured exchangeable notes to 'BBB-' from 'BBB'. The Rating Outlook is Stable. The downgrades reflect Fitch's view that First Industrial's overall earnings power has ...

Mortgage relief plan will help, local expert says - Reno Gazette
Friday's proposal by the Federal Deposit Insurance Corp. to put $24 billion toward helping 1.5 million at-risk U.S. households avoid foreclosure got the attention of Jim Fitzgerald, mortgage broker and owner of Nevada Loan Source in Carson City ...

Doctors question Nevada Medicaid cuts - Las Vegas Sun
Nevada's medical community is raising concerns about plans to cut state Medicaid reimbursements to hospitals for inpatient services by 14 percent, a figure likely to dwarf the shortfall that already has forced some hospitals to eliminate key services ...

SCAM: Beware of Bogus Loan Modification Specialists - KLAS-TV
The state of Nevada is warning homeowners to beware of bogus loan modification specialists that have popped up with the foreclosure crisis. The Nevada Division of Mortgage Lending says it has received numerous complaints about "loan modification ...

Woman’s body found in Northern Calif. reservoir - Las Vegas Sun
Authorities have found the body of a woman who drove her car into a reservoir to escape a sheriff's deputy. A Nevada County Sheriff lieutenant says the woman drove down a steep hillside into Boca Reservoir on Wednesday night. Divers found her body ...

Housing woes are bad but will likely get worse, some economists ... - News-Democrat
WASHINGTON -- If you think the housing slump can't get much worse, Martin Feldstein thinks that both home prices and the broader economy can - and very likely will - get a whole lot worse. The Harvard University professor and former chief economic ...

Title insurer wins round in mortgage fraud - Ledger-Enquirer
– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...

Losing it all: Subprime loan mess slamming doors on homebuyers in ... - Lynchburg News and Advance
You wouldn’t expect a $1 million home on Easy Street on Smith Mountain Lake to end up in the same situation as a $20,000 house from inner-city Lynchburg. One was built as a lakeside mini-mansion in 2006. It has 5,200 square feet, granite ...

Paralegal enters not guilty plea in felony fraud case - Union
Kathleen Ann Gilio, a 55-year-old paralegal has entered a not guilty plea to four felony counts of preparing false documentary evidence when she notarized signatures for attorney Thomas Hastert. Hastert is under investigation for real estate fraud ...

Surviving the housing crisis - Burlington Union
There are more than seven million homeowners who are “underwater,” a term that describes the situation when your mortgage exceeds the value of your home. Nationwide, one out of five homeowners are underwater. In Nevada, where the prices have ...