Tags: arizona

PMI Seized by Arizona

October 23rd, 2011
in econ_news

Econintersect:  The private mortgage insurer PMI has been seized by the state of Arizona.  The state insurance department had stopped the company from issuing any more policies as of August 22 because the company lacked adequate reserves.  The Arizona De… more »

Florida May Remove Courts from Foreclosure Process

September 21st, 2011
in econ_news

Econintersect:  An article today in the St. Petersburg Times reveals a move is underway to remove foreclosures from the judicial process.  It is actually a process that is already used in 30 states, including Michigan, Arizona, California and Nevada.  Th… more »

Arizona, Nevada Sue Bank of America for Mortgage Servicing Problems and Consumer Fraud

December 18th, 2010
in News, Banking

Arizona and Nevada have sued Bank of America Corp, accusing the largest U.S. bank of routinely misleading consumers about home loan modifications. more »