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Insiders reveal practices of AZ banks that survived the crash
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.
Arizona bank depositors lose $1.8 million
Depositors with funds in a seized Arizona bank stand to lose $1.8 million in uninsured deposits.
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.
