• 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 [...]

  • Published On: September 9, 2013

    Millions of Dollars Being Released to Assist Arizona Homeowners Hit by Mortgage Crisis Attorney General’s Office to Expand Mortgage Relief Efforts over Next Three Years Attorney General Tom Horne is today announcing in a press [...]

  • Published On: September 8, 2013

    Arizona exemptions finally changed after 30 year wait. Protects basic necessities for all Arizona residents. Exemptions protect important items from seizure by creditors. Examples are clothing, furniture, inexpensive vehicle, pets. On Sept. 13, 2013 most [...]

  • 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: September 3, 2013

    A Rule change lets certain borrowers who have gone through a foreclosure or bankruptcy but have repaired their credit become eligible for FHA mortgage in one year. The answer is "yes" The Obama administration wants [...]

  • Scam letter from Fresh Start, based in New York, requires as much as $5,200 up front from a homeowner. According to the Arizona Attorney General "This is a blatant violation of Arizona law.” Article from [...]

  • Lawsuit claims Bank of America that gave bonuses to employees to lie to homeowners and to foreclose on homes. The answer is "yes" Bank of America rewards employees for lying and putting borrowers into [...]

  • Can the home equity lender foreclosure on my home if there is no equity? The answer is "yes" Here is a question I am asked at least 2 to 3 times a week.  "I have [...]

  • 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 [...]