Arizona's housing recovery is real and sustainable, a new national report says.
PHOENIX - Attorney General Tom Horne did nothing wrong in transferring $50 million from a nationwide mortgage settlement to the state general fund to balance the budget, the Arizona Court of Appeals ruled Tuesday.
For the first time since the Great Recession, the number of Tucson-area homeowners who avoided foreclosure increased in 2012.
Robert Botello, facing, with Citigroup, meets with Deborah and Owen Edwards during NACA's American Dream Event at the Tucson Expo Center. The mortgage-counseling program will continue through Tuesday.
Clutching tote bags, accordion files and shoe boxes stuffed with paperwork, dozens of homeowners waited in line Friday for the chance to lower their mortgage payments.
An event designed for "homeowners who have lost hope" will be in Tucson for five days beginning Friday.
Tucson's most expensive homes are beginning to sell again, but the wave of foreclosures housing-market observers expected to have slowed hasn't let up much.
WASHINGTON - Struggling homeowners who obtain reductions in their mortgage debt face a new obstacle starting next year - a bill for taxes on that aid.
PHOENIX - Housing advocacy groups asked a judge Wednesday to void a decision by lawmakers to take $50 million from the cash Arizona got as its share of a nationwide mortgage fraud settlement.
Foreclosure and mortgage delinquency rates among Tucson area homeowners were lower in May than among Arizonans and among Americans more broadly, data from real estate data analysis firm CoreLogic Inc. show.
The "shadow inventory" of homes held up in the foreclosure process while lenders weathered the robo-signing scandal may be coming into the light.
Arizona has been ground zero of the foreclosure crisis for five years.
WASHINGTON - Minorities continue to lag behind whites across several economic indicators, even as the job market improves, a new report says.
Arizona has broken Nevada's 62-month streak as the foreclosure capital of the nation.
Investigators for the National Fair Housing Alliance visited this home in the Maryvale neighborhood in Phoenix and found the property covered in graffiti and boarded up.
WASHINGTON - Banks are neglecting foreclosed homes in minority neighborhoods compared with those in white communities, according to a housing advocacy group that said it will file Fair Housing Act complaints over the supposed practice.
The number of foreclosure notices issued in the Tucson area spiked in February after ebbing for the last several months.
LOS ANGELES - Grocery store owners William and Esperanza Casco
were making enough money to stay current on their mortgage, but
when JPMorgan Chase & Co. offered a plan that reduced their
payments, they figured they could use the extra cash and signed
Members of the Alliance of Californians for Community Empowerment protest outside bank offices in that state to call for bank accountability, a foreclosure moratorium and loan modifications. Across the country, people are saying - some through lawsuits - that banks didn't honor deals regardi…