- June 24, 2015
USDA and Housing Partners
Celebrate National Ownership Month with "Power Hour"
Rural Housing and Nevada Housing Division Collaborate to Leverage Homeownership
CARSON CITY, June 24, 2015
–USDA Rural Development (USDA RD) and its two close housing partners, Nevada Housing
Division (NHD) and the Nevada Rural Housing Authority (NRHA), Tuesday celebrated
National Homeownership Month with a "Power Hour" to brief real estate
professionals on the changes to real estate law that resulted from the 2015
Nevada State Legislature and to honor their work to leverage homeownership
across the state.
PK O'Neill, Assemblyman for District 40 provided
the 2015 Nevada State Legislature briefing, Erin Schiller, of Ticor Title,
talked about disclosures and time lines for implementation of the Consumer
Financial Protection Bureau’s new integrated mortgage disclosure forms and
regulations that replace the Good Faith Estimate and early Truth in Lending Act.
Heather Creveling, of Summit Lending and Kyle Rush,
of Guild Mortgage, provided tips and best practices to use state and federal
housing programs together to best leverage value for homebuyers. By
coordinating the NRHA's Access and Mortgage Tax Credit Program with USDA's
Guaranteed Home Loan Program, real estate professionals can assist rural
homebuyers who might not otherwise be able to afford a home loan.
The celebration ended with an awards presentation
to acknowledge the hard work of the mortgage lending professionals who have
applied best practices to make the most of the programs available. Those honored included, Dereck Bowlen of
Eagle Home Mortgage, Drew Yardley of Prospect Mortgage, Jennell Peck, Katie
Pagni and Lisa Bertock, of Primelending; Kyle Rush and Jennifer Fiore, of Guild
Mortgage; Joannie Houk of Movement Mortgage; Koreena Warkentin, Heather
Creveling, Shari Walsh and Shaun Bittick, of Summit Funding; Mary Lynn Atkins
and Robert Castillo, of Greater Nevada Mortgage; Pam Robinson, of National
Residential Mortgage; Ricci Vineyard of Mason-McDuffie Mortgage.
"We know that the real estate profession is a
tough one, and using multiple programs can add to the complexity and
frustration," said USDA RD State Director Sarah Adler. "But those who
go the extra mile really are an asset to the homebuyer. We thank them for their
In addition, the Nevada Housing
Division honored the Guild Mortgage lending team as the winner of its "Home
is Possible for Heroes Award," to recognize the firm's commitment to
veterans. The Home is Possible for
Heroes mortgage program provides a below-market mortgage rate combined with a
grant equal to 1% of the loan amount to help cover the down payment and closing
costs of veterans and active military members.
Gary Longaker, Director of the Nevada Rural Housing
Authority, encouraged lenders and realtorsto keep up the good work leveraging home loans across the state. "Our
programs are here to support homebuyers, but without you, they could not go
anywhere. Your efforts to inform homeowners is greatly appreciated,"