Foreclosure law repealed: AZ bankers will continue to push for reform 

A recently passed state law intended to help small Arizona banks recoup enormous financial losses incurred through waves of foreclosure was quietly stripped from statute as part of a budget agreement signed by Gov. Jan Brewer on Sept. 4. In July, Brewer signed S1271 into law. The bill, shepherded by Sen. Steve Pierce, a Prescott Republican, …