The Mortgage Assistance Information and Scam Prevention Act of 2009Congresswoman Dina Titus (NV-D) and Congressman Dennis Cardoza (CA-D) introduced legislation in the House of Representatives to help struggling homeowners receive valuable information that could help them avoid foreclosure. The Mortgage Assistance Information and Scam Prevention Act of 2009 requires all mortgage servicers who receive incentive payments under federal programs to notify their clients about federal programs for which they may qualify.
Las Vegas Review-Journal: Legislators Tout Tax Credit Extension"A tax credit extension for homebuyers worth an estimated $10.2 billion to $21 billion nationally will help revive Southern Nevada's dismal real estate market, Reps. Dina Titus and Shelley Berkley, D-Nev., told Realtors on Tuesday."
Titus Votes to Extend Unemployment Benefits and First-Time Homebuyer Tax Credit"A vital component to our economic recovery is ending the foreclosure crisis that has swept Nevada. The first-time homebuyer tax credit included in the Recovery Act’s largest package of tax cuts in history, has helped stimulate Southern Nevada’s housing market and this important extension will further boost its effects."
Two Veterans Bills Cosponsored By Titus Pass House“It is our duty as elected officials to uphold our solemn promise to care for our men and women in uniform when they return home. Our efforts today will ensure the VA can provide high quality medical care for our veterans by providing advanced time to plan and budget for their growing needs.”
Titus Announces $3.5 Million in Housing Funding For Nevada Through Recovery Act“This assistance is essential for communities in Nevada that have struggled during the foreclosure crisis. At a time when too many Nevadans have lost their homes, this money from the Recovery Act will help put a roof over the heads of Nevada families. By providing local governments with the tools and resources they need, these funds will help people get off the streets and on their feet during this challenging time.”
Titus Letter to Geithner Requests Look at Servicers’ Participation in Making Home Affordable Program"Almost every submission on my website details frustration due to lack of communication between the homeowners and their servicer. Many of my constituents have attempted to contact their servicers multiple times. I have been told stories of individuals who have called their servicer 20 or 30 times and spoken with a different person each time, but were unable to get any closer to receiving the changes they need in their loans to avoid foreclosure."
Las Vegas Sun: Titus Seeks the Story of Your Loan"Las Vegas-area homeowners struggling to have their mortgages modified are being invited to share their stories so the federal government can determine which lenders are helpful, and which are not. The invitation comes from Rep. Dina Titus. She is asking homeowners from her district to share stories of their dealings with mortgage lenders on a new Web site and — if they wish — ask the congresswoman’s office to get on the phone with the banks on their behalf. The freshman congresswoman’s goal is to produce a running tally that would show which mortgage lenders are helping Southern Nevada homeowners and which are not answering their calls."
Titus Launches Webpage to Track Challenges Homeowners Face with Foreclosure Prevention"By implementing a system to track my constituents’ experiences with their lenders, I can help make sure that those who qualify for help are getting it; and we can shine a light on lenders that have not been responsive to their customers in hopes that they will be encouraged to take action."
Titus: Renewed Focus Needed on Ending Foreclosure Crisis"Families throughout my district are struggling to make their mortgage payments, and one out of every 16 homeowners in Nevada has faced a foreclosure filing. Folks in District Three clearly need assistance to stay in their homes and avoid foreclosures."
Titus Announces $1.5 Million for Housing Program for Homeless Veterans“Nevada’s veterans have made a tremendous sacrifice in service to our nation, yet too many of them do not have a roof over their head. With veterans facing higher unemployment than the rest of the population during this tough economic time, programs like this are critical to help get our veterans off the streets in to a place they can call home.”
Titus Letter to Geithner Seeks Information on Effectiveness of Making Home Affordable Program"I believe that we will not be able to correctly alter and improve these programs to quickly end the housing crisis without accurate data on their performance."
Titus Highlights Housing Funds Through Recovery Act to Reduce and Prevent Homelessness“At a time when our state leads the nation in foreclosures, funds for homeless prevention are critical to help families in our community who have lost their homes and are struggling to put a roof over their heads. This money in conjunction with other recovery funds, such as Community Development Block Grants and neighborhood stabilization funds, will help Nevada and our efforts to get through this difficult foreclosure crisis.”