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Reid orchestrates tour of aid to help with home defaults.

Las Vegas Review-Journal (Las Vegas, NV)

| October 30, 2007 | COPYRIGHT 2007 Las Vegas Review-Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Jennifer Robison

Oct. 30--Financial guidance is on the way for Nevadans close to defaulting on their home loans.

U.S. Sen. Harry Reid, D-Nev., has organized a tour of mobile resource centers that will travel to the five counties that Reid says face the highest number of foreclosures.

The resource centers will include credit counselors, mortgage lenders, officials from the U.S. Department of Housing and Urban Development and representatives of Reid's office.

After visits to Washoe, Douglas and Elko counties in Northern Nevada, the resource centers will come to Southern Nevada. A mobile center will stop at the Clark County Library at 1401 E. Flamingo Road from noon to 2 p.m. on Nov. 29, and at the Pahrump Community Library at 701 East St. in Pahrump from noon to 2 p.m. on Nov. 30.

The idea for the mobile resource centers came from a meeting Reid held in Reno several weeks ago to discuss the rise in Nevada's foreclosures with lenders, nonprofit agencies and state bureaus.

The Silver State has the nation's highest rate of foreclosures. One out of every 185 Nevada households, representing 5,504 homes, filed for foreclosure in September, according to California research firm RealtyTrac.

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