Archive for June, 2010
Home Foreclosures Down In Month of May
The latest information from ASU’s W.P. Carey School of Business shows foreclosures as a share of overall Valley home sales are declining. Their May 2010 report says the number of foreclosures dropped from 40 percent of the market’s recorded activity in March to 33 percent in May. The good news may be brief, though, as [...]
10Jun2010 | admin | 0 comments | Continued
Countrywide to pay $108M to homeowners
Two Countrywide mortgage servicing companies will pay $108 million to settle Federal Trade Commission charges that they collected excessive fees from cash-strapped borrowers who were struggling to keep their homes. The $108 million represents one of the largest judgments imposed in an FTC case, and the largest mortgage servicing case. It will be used to [...]
7Jun2010 | admin | 0 comments | Continued
Joe’s Real BBQ now serving breakfast
Joe’s Real BBQ at 301 N. Gilbert Road has added breakfast to its traditional lunch and dinner service on weekends. According to a Joe’s BBQ spokesman, the breakfast menu incorporates smoked meats and is offered on Saturdays and Sundays from 8 a.m. to 11 a.m. The spokesman said a highlight of the breakfast menu is [...]
4Jun2010 | admin | 0 comments | Continued
BofA offers help to underwater, delinquent borrowers
Bank of America executives acknowledged Wednesday they are seeing high numbers of underwater mortgage borrowers walk away from their homes and that the bank has been slow to rework mortgages. BofA unveiled new programs aimed at helping underwater borrowers who have subprime and other nonconventional loans. The program will reduce loan principal for borrowers who [...]
4Jun2010 | admin | 0 comments | Continued
AZ Immigration Law debate hits UA Graduates
The immigration debate hits the University of Arizona graduation ceremonies much to the chagrin of many of the graduating students… (click on continued for video)
1Jun2010 | admin | 0 comments | Continued