Arizona’s law does not require the recording of an assignment of a deed of trust before recording a notice of trustee’s sale where the beneficiary ... Read More
FORECLOSURE
JP MORGAN CHASE HALTS FORECLOSURES
Various sources have reported that JP Morgan Chase has temporarily halted foreclosures because of potentially flawed paperwork. One issue that has ... Read More
PRE-FORECLOSURE NOTICES ON RISE
In July 2010, there were about 33% more pre-foreclosure notices (notices of trustee’s sales) issued in Maricopa County, Arizona than June. In June, ... Read More
DEED OF TRUST MISTAKENLY RECORDED WITHOUT LEGAL DESCRIPTION STILL VALID
The Arizona Court of Appeals recently decided a case where a deed of trust was mistakenly initially recorded without a legal description. In 3502 ... Read More
ARIZONA SUES OVER FORECLOSURE HELP SCAM
The State of Arizona has filed a lawsuit against a company accused of a foreclosure help scam. According to the allegations in the civil lawsuit, the ... Read More
2010 ARIZONA LEGISLATIVE SESSION BRINGS PROPOSED FORECLOSURE LAWS
During Arizona’s 2010 legislative sessions, there have been numerous proposed statutes dealing with foreclosures: H2511 – Would prohibit cities from ... Read More