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Las Vegas homeowners struggling to stay above water

By Extra Extra | 11.29.2011

"Housing experts now estimate more than 100,000 homes in the Las Vegas valley have been foreclosed since 2007. Bad enough, but they also predict another 100,000 could face foreclosure before the housing crisis ends."

KLAS, in Las Vegas, has been reporting on the mortgage crisis since 2007, but their latest series of investigations may be the hardest hitting. Lawmakers are now working with homeowners and have created the Nevada Foreclosure Mediation Program.