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Tag Archives: Arizona Association of Realtors

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Repeal of mortgage bill signed into law (access required)

The Arizona Bankers Association's goal of clamping down on speculative investors who fueled the state's foreclosure crisis will have to wait, now that state lawmakers and Gov. Jan Brewer repealed contested foreclosure legislation passed earlier this year.

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Bankers file suit to challenge repeal of foreclosure law (access required)

A coalition of bankers has asked the Arizona Supreme Court to overturn the repeal of legislation enacted to benefit banks harmed by a wave of foreclosures. On Oct. 21, the Arizona Bankers Association has filed a petition for special action with the state's highest court in hopes of negating a provision included in state budget legislation that successfully repealed a foreclosure law signed into law in July.

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