Arizona law explaining how a trustee’s sale (called a foreclosure) work. Some very practical tips and flow charts.

Bank of America Penalized $45 M for Wrongful Foreclosure

Related Post New Round of Defaults of Mortgages in 2015 and 201… Judges Holding Banks Responsible – Tired of … Millions $$ Being Released to Arizona Homeowners What is a Zombie Debt? Banks Are Subverting Bankru… BofA Gave Staff Bonuses to Foreclose on Homeowners Citigroup to Pay Fannie Mae $968M for Loans

Related Post

Mortgage Modification Frauds

Big Banks Plead Guilty to Criminal Charges

Article in the Washington Post: Last week, Attorney General Loretta E. Lynch announced that five major banks were pleading guilty to criminal charges for what she described as a “brazen display of collusion” to manipulate the currency markets.  Related Post What is a Zombie Debt? Banks Are Subverting Bankru… Citigroup to Pay Fannie Mae $968M […]

Related Post

Another Loan Workout Nightmare, plus Resources for Saving Your Home: Arizona

Yet another loan workout or modification scam.  I am disgusted by the number of calls we receive every week detailing a company or lawyer who takes someone’s hard earned money and fails to deliver on their promise to modify the home mortgage.

Fannie Mae Auctions “Sour” Mortgage Loans

According to Bloomberg News: Fannie Mae will begin bulk auctions of mortgages, including some sales targeted for non-profit groups and small investors, as Fannie Mae moves to reduce the number of non-performing loans “sour mortgages” on its books. Related Post HSBC sued by NY Attorney General for Violations of… Foreclosure Settlements with Banks Moving Very […]

Related Post

Increase in Credit Card Debt & Risky Home Loans

Related Post Quarterly Report on Household Debt & Credit Foreclosure Are Down 25 Percent Credit Card Sold to Debt Collectors

Related Post

AZ Supreme Court Clarifies Anti-Deficiency Protection for Residential Property

Related Post Arizona Real Estate Investors Lose Anti-Deficiency… Demystifying Current Real Estate Problems

Related Post

Trustee Sales or Foreclosure

What is a Trustee’s Sale or Foreclosure?

A trustee’s sale or foreclosure is the process that the lender may use when the loans are not paid or there is some other default of the original loan agreement.

The law of the state where the property is located controls the foreclosure or trustee sale process. The links to this page deal solely with Arizona law as governing Arizona real property.

Stories From a Bankruptcy Attorney – the good, the bad and the moronic.

Related Post What is a Zombie Debt? Banks Are Subverting Bankru… What is a Judgment Debtor’s Examination? Will Countrywide CFO be Sued by Dept of Justice? HARP (Freddie and Fannie) mortgage refinancing pro… BEWARE: Payday Loans and Deposit Advances Despite Dismal Past Failures Congress Unleashes Ne…

Related Post

CFPB Proposed changes to our Mortgage Servicing Rules

Related Post CFPB Launches Massive Lawsuit – Debt Collect… Flagstar Bank to Pay Homeowners 27.5 Million For I… CFPB Takes Action Against Wells Fargo and Chase fo… 47% of Home Buyers Do Not Compare Mortgage Rates National City Discriminatory Loans Costs $35 Milli… The Seamy World of Debt Collecting

Related Post