Former Federal Reserve Chairman Alan Greenspan says there has so far been no spillover from the troubled housing sector into the broader U.S. economy. Greenspan says it is remarkable that so far there has been no sign of an impact on consumer demand, even amid a sharp increase in mortgage delinquencies among borrowers with poor [...]

Arizona has moved from 23rd to seventh in the ranking of states with the greatest amount of mortgage fraud, according to data from the nation’s largest lenders. It’s the highest Arizona has placed on the Mortgage Asset Research Institute’s annual fraud survey, which is based on the number of mortgage fraud cases per total of [...]

Legislation aims to stop unscrupulous, unqualified lenders

Arizona Bankers Association president champions measure