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Regulate lawsuit lenders
Lawsuit lenders would prefer to remain beyond the reach of Arizona’s consumer protection regulations. An important bill now pending in the House would appropriately subject lawsuit loans to the same regulatory limits that are imposed on other consumer loans, and, not surprisingly, lawsuit lenders are fighting tooth and nail to kill it.
Brewer, First Things First discussing budget solutions
Proposition 302 is history and a loan is off the table, but First Things First and the Governor's Office are looking for "creative" solutions the agency can offer for the state's budget crunch.
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 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.
Arizona part of mortgage aid pact with Wells Fargo
Hundreds of Arizonans with a type of adjustable-rate mortgages will be eligible for principal reductions and other relief under an agreement with Wells Fargo & Co., Arizona Attorney General Terry Goddard announced Wednesday.
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.
Payday lender going after Seel for bounced check
A state representative is being sued in small claims court for failing to repay a payday loan.
Payday lenders in Arizona call it quits
Some payday lenders in Arizona have already shut their doors and more are expected to follow when a law authorizing their high-interest loans expires at the end of the month.
AG warning payday lenders about new law
Arizona Attorney General Terry Goddard is warning payday loan stores not to try to keep operating as usual after a law authorizing high-interest loans expires at the end of the month.
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.
Media, lawmakers wrong about payday loans
It is unfortunate that Arizona lawmakers keep striking down efforts to preserve short-term credit options for consumers of the state.
