The old adage — “If it doesn’t kill you, it will make you stronger” — generally applies to biological organisms. But it could also apply to the financial system in Arizona, which has had 14 bank failures since 2009.
Read More »Insiders reveal practices of AZ banks that survived the crash
Licensing overload; Financial Institutions has thousands of new businesses to license, regulate 
A state law nearly doubling the amount of loan originators and brokers who must be licensed and monitored by the state has increased the workload of a staff already struggling to keep up with approving new mortgage-originator licenses, regulating existing businesses and protecting consumers.
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