Pre-NOD Mediation

The 2015 Nevada Legislature approved SB 512, which allows homeowners with a documented financial hardship and in imminent risk of mortgage default, to participate in foreclosure mediation prior to the issuance of a Notice of Default (NOD).

A HUD-approved housing counseling agency must determine the financial hardship preventing the homeowner, or the person who holds the title of record, from being able to make a mortgage payment within the next 90 days.

A list of HUD-approved housing counseling agencies can be found under Foreclosure Resources.

Two forms are required to participate in Pre-NOD Mediation:

In addition, the homeowner must submit to the Foreclosure Mediation Program (FMP) a mediation fee of $200.

Nevada state law allows your participation in mediation prior to the issuance of a Notice of Default if you have met the following requirements.

  1. You have received a referral from a HUD-approved housing counselor.
  2. You  do not have an open bankruptcy filed on or after July 1, 2009.
  3. You  have been discharged from Bankruptcy or the court has ordered you into the FMP.
  4. This property is your primary owner-occupied residential property (not a vacation, rental or other property where the homeowner does not live).