• Published On: September 25, 2013

    Arizona Legislature takes $50 million from the state’s share of a nationwide mortgage fraud settlement to balance the budget rather than helping homowners. This was money intended to help families who were losing their homes [...]

  • Published On: September 22, 2013

    FHA easing rules if foreclosure or bankruptcy was caused by external economic factors, such as medical or loss of job. More than $221 billion of these loans at the largest banks will hit this mark [...]

  • Published On: September 15, 2013

    The Next Financial Balloon to Burst: Student Loans ore than $221 billion of these loans at the largest banks will hit this mark over the next four years. According to the The Huffington Post:  Sallie [...]

  • Published On: September 12, 2013

    Arizona law requires landlords give tenants notice of pending foreclosure. Must provide notice within five days of receiving notice of foreclosure. Arizona law requires that landlords tell tenants about any foreclosure.  This is good news [...]

  • Published On: September 11, 2013

    Big banks settle: to Pay $8.5 Billion to settle claims of wrongful foreclosure actions. Aurora Bank, Bank of America, Citigroup, J.P. Morgan Chase, Wells Fargo, Sovereign Bank, MetLife, US Bank, SunTrust, and PNC agree to [...]

  • CFPB announces new rules which provide many protections to consumers, but also offers protection, or "safe harbor," to banks and lenders The answer is "yes" Bully tactics used to scare or coerce buyers. The federal [...]

  • Published On: August 28, 2013

    Citigroup to Pay Fannie Mae $968 Million and BofA to pay $10.35 Billion as a result of faulty mortgages. The answer is "yes" Citigroup said on July 1, 2013 that it had agreed to pay [...]

  • Published On: August 26, 2013

    Sallie Mae Accused of Overcharging Military Personnel on student Loans The answer is “yes” Servicemembers Civil Relief Act caps interest on loans to military personnel at 6 percent, along with providing protections against default judgments [...]

  • Published On: August 24, 2013

    According to the Federal Trade Commission report nearly 20 percent of consumers had errors in at least one of their credit files. The answer is "yes" Earlier this year the Federal Trade Commission completed a [...]

  • Arizona fails to pass fifty million dollars in federal aid to help struggling homeowners avoid foreclosure, despite being one of the hardest hit states in the real estate bust. The answer is "yes" Arizona homeowners [...]