Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
May 2010
S M T W T F S
« Apr   Jun »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
05/16/10
Phoenix home-loan modification delayed for many
Filed under: General, Mortgages
Posted by: Lillian Wong @ 8:24 pm

The federal government’s 15-month-old home-loan modification program has not been the foreclosure rescue plan many Phoenix-area homeowners expected.

Slow lender response, piles of paperwork and drawn-out trial periods have frustrated many struggling homeowners.  more…


Bookmark and Share
Subscribe

share

comments (0)
Neighbors unhappy with unfinished Scottsdale project near canal area
Filed under: General, Real Estate
Posted by: Lillian Wong @ 8:13 pm

If you ask Liz Dawn Donahue, she will say that the failed Reflections on the Canal project does not reflect well on her downtown neighborhood.

She is angry that the townhouse and condominium project has disrupted the area southwest of the Arizona Canal and Chaparral Road for close to five years. Donahue is still looking at construction fencing and vacant lots.  more…


Bookmark and Share
Subscribe

share

comments (0)
Owners aim to rejuvenate the Wigwam
Filed under: General, Real Estate
Posted by: Lillian Wong @ 8:01 pm

Jerry Colangelo was on his way to dinner at the Wigwam Golf Resort and Spa in March when a group of golfers watching an NBA game at a lobby bar recognized him.

The former owner of the Phoenix Suns and Arizona Diamondbacks asked the guests where they were going for dinner.  more…


Bookmark and Share
Subscribe

share

comments (0)
Derivative reform offers its own risks
Filed under: General, Finance
Posted by: Lillian Wong @ 7:54 pm

Financial-reform legislation being debated in Congress aims to rein in the wild use of derivatives on Wall Street. Yet if certain proposals become law, everyday companies, including many in Arizona, also could get hog-tied.

Provisions involving derivatives are among the most contested parts of the legislation. They could open up the nebulous derivatives market to more scrutiny, force banks to spin off a lot of their business and push more trading onto exchanges.  more…


Bookmark and Share
Subscribe

share

comments (0)