Bankers file suit to challenge repeal of foreclosure law
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with the state's highest court in hopes of negating a provision included in state budget legislation that successfully repealed a foreclosure law signed into[...]
Fed gov. orders Flagstaff bank to raise cash
FLAGSTAFF - A Flagstaff bank has been ordered by the Federal Deposit Insurance Corp. to raise $2 million in new capital.






