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Arizona to get more than $1.6B in mortgage deals
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.
Arizona slogs toward economic rebound
The good news is the prospects for Arizona’s economy remain strong.
The bad news is when compared to previous recoveries it will take quite a long time to get there.
Hundreds of millions in fed assistance, but only 4 AZ homeowners were helped
By September 2010, the Arizona Department of Housing was sitting atop $268 million in federal money, which it was seeking to unload to help struggling homeowners here.
But since the program’s inception last year, it has helped only four homeowners and reduced their principles by a combined $62,000. On average, it lowered their monthly payments by $420.
ASU: Phoenix-area foreclosures spike in January
A new report from Arizona State University shows that foreclosures spiked in the Phoenix area in January to more than 40 percent of all home sales.
Bill to deny public housing to illegals advances
With a bill that seeks to deny undocumented aliens from getting public housing assistance, Arizona Republican lawmakers are positioning to wade deeper into a battle with the federal government over immigration.
Phoenix home prices drop again in December
A new report shows home prices in the Phoenix area dropped by 8 percent in December from the same period a year ago.
