Posts Tagged ‘Arizona SB 1451’

Arizona’s SB 1451 – Does Arizona Have the Right to Save Itself from Drowning in Underwater Loans?

Arizona's SB 1451 - Does Arizona Have the Right to Save Itself from Drowning in Underwater Loans?

Senate Bill 1451 only uses PRIVATE MONEY. There is no government money involved, no subsidies, no guarantees, and no taxes. This Program utilizes a completely different structure than any current mortgage program. It includes a cash insurance... (Continue reading)

IT’S UNANIMOUS! AZ’s SB 1451 Passes Senate Banking Committee

IT'S UNANIMOUS!  AZ's SB 1451 Passes Senate Banking Committee

Arizona's hundreds of thousands of hopelessly underwater homeowners are having the best day they've had since the "days of equity" back in 2006. The bill not only passed, but it passed unanimously... '6' Ayes to '0' Nays. ... (Continue reading)

MM EXCLUSIVE: AZ Bill Writes Down Underwater Loans for Homeowners – A Mandelman Matters Podcast

MM EXCLUSIVE: AZ Bill Writes Down Underwater Loans for Homeowners - A Mandelman Matters Podcast

"In Arizona we don't ignore problems, nor do we pretend they aren't there," Sen. Reagan explains. "Obviously, the federal programs aren't going to address our state's needs, and that's fine. We're perfectly capable of doing what's best for... (Continue reading)