Washoe County foreclosure-related recordings – January 2014

Below please find Washoe County, Nevada Notices of Default (NODs), Notices of Sale (NOSs), Trustees Deed Filings (TDs) and New SFR REO Listings statistics for January 2014 provided to us by our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]

Ticor Title’s commentary accompanying the statistics…

Notices of Defaults (NOD) went up slightly to 35. Notices of Sales increased from 132 in December to 190 in January. Trustees Deeds dropped by two. There is a decrease in the foreclosure activity, primarily due to new laws set forth by our State. SB321, “The Homeowner’s Bill of Rights,” is affecting how the banks are foreclosing, requiring them to reach out and provide Foreclosure Prevention Alternatives to homeowners that are late with their mortgage payments and possibly facing foreclosure.

related post: Washoe County foreclosure-related recordings – December 2013