New Relief Program for Nevada Homeowners - KTVN Channel 2 - Reno Tahoe News Weather, Video -

New Relief Program for Nevada Homeowners

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The housing market continues to struggle across the state, but a new free service is offering help to people who need it most.

The program is called Home Again Nevada, and is a one-stop shop for homeowners trying to save their homes.

As we reported earlier this month, 49 percent of homeowners in Reno and Sparks owe more than their homes are worth.

"I'm hearing from folks in the community, there's still people suffering," says Catherine Cortez Masto, Attorney General for Nevada. "So, because of that suffering, that's why this program is here, and that's why we will have our doors open to help homeowners."

Home Again Nevada assists homeowners facing foreclosure, seeking loan modification or underwater on their mortgages.

With one phone call, Nevadans are connected with a counselor who will place them into programs to save their homes.

Cortez Masto is leading the way for the program, and it's paid for with funding from the national mortgage settlement. She was in Reno on Thursday presenting details of the program to legislators and realtors.

Creating one consolidated information source has been in the works for some time, and Cortez Masto says not only will it help the housing market, it's going to eliminate much of the housing fraud as well.

"I see all the fraud that occurs with a lot of this mortgage modification scams that are happening here," she says. "So, it will hopefully alleviate some of the complaints that are coming to my office."

To find out more about the program call 1-855-457-4638.

Written by Adam Rasmussen

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