Quantcast
Home / economy / Brewer signs foreclosure notification bill

Brewer signs foreclosure notification bill

Arizona Gov. Jan Brewer has signed a bill requiring mortgage lenders to try to work with homeowners to avoid foreclosures.

The measure applies to homes purchased between the beginning of 2003 and the end of 2008. It requires lenders to contact borrowers and explore options to avoid foreclosure at least 30 days before recording a foreclosure notice.

Brewer signed the bill on Tuesday. It was sponsored by Republican Rep. Michele Reagan of Scottsdale.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

In this June 15, 2011, file photo, protesters gather to support the Tucson Unified School District as Superintendent of Public Instruction John Huppenthal announces that the district violates state law by teaching it's Mexican American Studies program. (AP Photo/Ross D. Franklin, file)

Judge: ‘Racial animus’ behind Arizona ban on Mexican-American studies

Racism was behind an Arizona ban on ethnic studies that shuttered a popular Mexican-American Studies program, a federal judge said Tuesday.