This is a foxreno.com article.
CARSON CITY, Nev. (AP) — The Nevada Supreme Court has upheld the use of an out-of-court foreclosure process that helped investors acquire homeowner association properties at reduced prices during the Great Recession.
Justices ruled unanimously Thursday that the process doesn’t violate protections for original mortgage holders under the U.S. and Nevada constitutions — and that due process rights weren’t violated because purchases don’t constitute a state action.
PiggyBankBlog Bailiff: “All rise! The honorable Congresswoman Marcy Kaptur has entered the Courtroom of Public Opinion!”