Arizona short sales may not wipe out mortgage debt
Some former homeowners in Arizona are finding they are still in debt to mortgage lenders even after completing a short sale, a newspaper said Monday.
Foreclosure rate helps lure new Fannie Mae office to Arizona
Mortgage finance giant Fannie Mae has opened a mortgage help center to help struggling homeowners with loans owned by the company.
Foreclosure halt offers hope to AZ homeowners
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.
Foreclosure moratorium opens door to lawsuits, scams
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.
Moratorium on foreclosures triggers housing concerns nationwide
As calls for a moratorium on foreclosures and sales of foreclosed homes continue to grow, so do the calls for it to be as short as possible to avoid hindering a housing market still trying to recover.
Arizona joins multistate foreclosure investigation
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.... […]
BofA halts foreclosures in 50 states
A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states.
UpClose with Lauren Kingry
Lauren Kingry was looking for a way to make some money while attending Friends University in Wichita, Kan., where he took a job working as a mail boy in a family-owned bank. He had no idea it would be the beginning of a four-decade career in banking, leading to a position overseeing the Arizona Department of Financial Institutions, the regulating agency for 3,800 businesses across the state.
Brewer signs foreclosure notification bill
Arizona Gov. Jan Brewer has signed a bill requiring mortgage lenders to try to work with homeowners to avoid foreclosures.
Lawmakers: Changes needed on foreclosure bill
UPDATE - Sen. Steve Pierce told the Arizona Capitol Times that his foreclosure bill will have to be fixed, either in special session or next year when the Legislature begins the regular session. Pierce and stakeholders met this afternoon (July 28) to discuss changes to the legislation.