Posts Tagged ‘The Housing Finance Reform Act of 2012’

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

Written on 19 Feb, 2012 at 6:11

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)

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

Written on 5 Feb, 2012 at 20:23

"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)

Tagged with: Arizona housing market Arizona SB 1451 Arizona State Senator Michele Reagan bill writes down underwater mortgages diana olick economic recovery economy elizabeth warren eminent domain FDIC Chair Sheila Bair foreclosure crisis Freddie Mac HAMP housing market recovery forecasts loan modifications mandelman mandelman matters martin andelman max gardner michelle reagan mortgage refinancing NACA obama administration principal reductions raising arizona SB 1451 Sen. Michelle Reagan Senator Michelle Reagan strategic default The Housing Finance Reform Act of 2012 underwater mortgages unemployment wall street bankers