Wednesday, May 22 2013 8:17 AM EDT2013-05-22 12:17:24 GMT
ORLANDO - CBS News reports an FBI agent was involved in a fatal shootout in Orlando, Florida early Wednesday morning. CBS News senior correspondent John Miller reports the victim was a friend of TamerlanMore>>
CBS News reports an FBI agent was involved in a fatal shootout in Orlando, Florida early Wednesday morning. CBS News reports the victim was a friend of one of two suspects of the Boston Marathon bombing.More>>
Wednesday, May 22 2013 6:56 AM EDT2013-05-22 10:56:40 GMT
LAS VEGAS -- Metro Police are on scene of a shooting on the 1700 block of Karen Avenue at the Sonoma Shadows Apartments with an FBI agent being shot. This started off as an FBI Task Force InvestigationMore>>
The search for a homicide suspect turned into a shooting Tuesday night. More>>
Wednesday, May 22 2013 6:47 AM EDT2013-05-22 10:47:05 GMT
LAS VEGAS - The Clark County School Board appoints Pat Skorkowsky as the next superintendent of the school district. The board is in contract negotiations with Skorkowsky, but the details of the contractMore>>
The Clark County Board of School Trustees appointed Pat Skorkowsky as the next superintendent of the school district Tuesday night. More>>
Tuesday, May 21 2013 8:05 PM EDT2013-05-22 00:05:29 GMT
LAS VEGAS -- Metro Police are investigating a crash involving a teenager who was hit by a vehicle. According to police, the victim was walking on a sidewalk at about 2:50 p.m. Tuesday near Tropicana AvenueMore>>
Metro Police are investigating an incident where a teenager was clipped by a truck's side mirror.More>>
Tuesday, May 21 2013 8:04 PM EDT2013-05-22 00:04:36 GMT
LAS VEGAS -- Metro Police are investigating the discovery of a deceased person in a home in northwest Las Vegas. According to Metro, a person arrived at the home in the 8000 block of Green Pasture AvenueMore>>
Metro Police are investigating the discovery of a deceased person in a home in northwest Las Vegas.More>>
Tuesday, May 21 2013 8:00 PM EDT2013-05-22 00:00:18 GMT
LAS VEGAS -- Clark County students experience some the largest classes in the country. And while that overcrowding is expected to decrease by one or two students, the vast majority of kids won't see anyMore>>
Clark County students experience some the largest classes in the country. Although the overcrowding is expected to decrease by one or two students next year, the vast majority of kids won't see any significant change.More>>
Tuesday, May 21 2013 7:55 PM EDT2013-05-21 23:55:25 GMT
LAS VEGAS -- The ratio of students to teachers in the Clark County School District from first through fifth grade and the ratio of students to classes in kindergarten gradually improved toward the endMore>>
The ratio of students to teachers in the Clark County School District from first through fifth grade and the ratio of students to classes in kindergarten gradually improved toward the end of the last decade but worsened after the 2009-2010 school year.More>>
Tuesday, May 21 2013 6:45 PM EDT2013-05-21 22:45:27 GMT
LAS VEGAS -- The deadly tornado in Oklahoma is bringing back some bad memories for one woman who now calls Las Vegas her home. Stephanie McGregor is originally from Moore, Oklahoma and lived there whenMore>>
The deadly tornado in Oklahoma is bringing back some bad memories for one woman now living in Las Vegas.More>>
LAS VEGAS -- The nationwide mortgage settlement will mean that $1.5 billion dollars is headed Nevada's way. But once that money is divided up, will it help underwater Nevadans stay in their homes?
Attorney General Catherine Cortez Masto was one of the last nationwide holdouts on the national mortgage settlement. According to people familiar with the inside negotiations, there was intense federal pressure to jump onboard and settle with the five major banks.
"This was not an easy decision to make," Cortez Masto said. Her goal was to get some kind of relief for homeowners. "If I could get them some relief in some fashion, no matter what it looked like, I couldn't ignore that."
Cortez Masto talked about how she would reply to Nevadans who were victimized and evicted due to improper foreclosures or robo-signing.
"I can look them in the eyes because of a couple of things. We're still pursuing lawsuits. We're still holding individuals accountable and we haven't stopped. I'm not here to say that the $2,000 will be a relief to them and they're going to walk away and say, that's great, because I've lost my home. I would never say that. I would say just the opposite."
"I think the federal government had a lot to do with it," said attorney Tisha Black who specializes in foreclosure fraud and was on the attorney general's team that handled Nevada's settlement.
"I think, honestly, that Obama wants it to be something he can ride into his new election on, that he can corral all the banks and solve all the problems which we've seen with the HAMP program and all the rest of the federal programs. They don't work," Black said.
Nevada is still discovering the true scope and level of crimes the foreclosure crisis created. Black says that for a low relative cost to the banks, they close the books on much of the crisis and get enormous benefits with the deal.
"They're giving themselves a tax credit for cash for keys which they should have been doing anyway. They're giving them a tax credit for writing down loans which they should be doing anyway. They're giving themselves a tax credit for refinancing, which they should be doing anyway. We are giving them tax benefits and tax breaks and exculpation from liability for business practices they should be conducting anyway."
8 News NOW was told Cortez Masto wouldn't join the settlement until she could get a separate deal against Countrywide, now Bank of America, for additional refinancing. That's because Nevada already claimed they broke a previous deal. The Attorney General says that, for the first time, she has more enforcement options to go after them if they break this deal.