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Nevada Homeowners Share Foreclosure Settlement

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(Photo by Ethan Miller/Getty Images)

(Photo by Ethan Miller/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Las Vegas, NV)  —  More than 9,000 Nevada homeowners have received help from a foreclosure settlement.

The federal government says five of the nation’s biggest banks, including Bank of America and Wells Fargo, have provided over $900 million in relief for the Silver State between March and September. That includes short sales, refinancing and lower loan balances.

The average benefit comes to just over $100,000 per borrower.

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