Watchdog fights to protect consumers, keeps tabs on utility companies and commission that regulates them
Phoenix resident Abhay Padgaonkar has worked as a fierce consumer advocate, fighting for the rights of those who struggle to pay their utility bills and keeping tabs on utility companies and the commission that regulates them.
Bank of America has settled with plaintiffs of a class-action lawsuit that accused the bank of using a “deceptive, fraudulent, and illegal scheme” to “exploit” ex-prisoners in Arizona.
As of this year, a customer can enter the Bank of America at 44th Street and Thomas Road drop off his latest deposit and leave – all without interacting with a human teller.
Legislation to tighten fraud controls for a rapidly expanding voucher- style program that could serve up to 200,000 more students next year is being drafted by the state Department of Education and Goldwater Institute.
The bulk of a foreclosure settlement with the nation’s largest banks will go toward loans and grants to help people keep their homes, Attorney General Tom Horne announced Monday.
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.
Arizona is one of a handful of states that have not yet agreed to a potential $25 billion mortgage settlement for suffering homeowners, but the state hopes to join soon, officials said.
“I think it speaks volumes about the man who tells Jan Brewer what to do, and I think her obligation is to distance herself from him.” – Goddard spokeswoman Jeanine L’Ecuyer, on Brewer adviser Chuck Coughlin floating old rumors that Goddard is gay.
The moratorium on foreclosures on homes belonging to families like the DeVolls could have a roller-coaster effect on the Arizona housing market, where in September alone 17,117 homes — one in every 159 residential properties — were either scheduled for foreclosure or went through one, placing the state as second in the nation in the foreclosure rate.
A moratorium on foreclosures by major mortgage lenders may give embattled Arizona homeowners a sliver of hope that their homes can be saved, while the questions it raises could lead to a rush of lawsuits and scams.
Arizona’s attorney general says his office is part of a 50-state investigation into the mortgage industry’s home foreclosure documentation. The investigation announced Wednesday is being led by Iowa’s attorney general. Arizona Attorney General Terry Goddard says the probe was prompted by disclosures of document signing practices that may have violated state laws. He says the [&he[...]
The problems that led Bank of America and other lenders to halt foreclosures across the country may run deeper in Arizona than nearly anywhere in the U.S.