Huge retail project in No. Phoenix foreclosed on
3 hrs ago | via The Arizona Daily Star
The lenders on the CityNorth project's first phase are foreclosing on the project. Comment?
Lender files foreclosure papers on CityNorth
8 hrs ago | via KTVK Phoenix
After overcoming a variety of legal challenges, the controversial CityNorth project is facing what could be Arizona's largest commercial foreclosure ever. Comment?
CityNorth Developer Faces $290M...
10 hrs ago | via GlobeSt.com
In what is dubbed the largest foreclosure proceeding in the state, Capmark Finance Inc. Comment?
Lender to foreclose on ailing CityNorth
15 hrs ago | via Arizona Republic
CityNorth's High Street, one of the most high-profile new developments in Phoenix, is facing foreclosure. Comment?
Lender files foreclosure on CityNorth, seeks $290 mi...
Yesterday | via Commercial Real Estate
The lender of CityNorth's first phase has filed foreclosure proceedings against the developers, claiming it is owed more than $290 million for the project. Comment?
Monday | via Common Folk Using Common Sense
The Mayo Clinic, praised by President Barack Obama as a national model for efficient health care, will stop accepting Medicare patients as of tomorrow at one of its primary-care clinics in Arizona, saying the U.S. government pays too little. Comment?
Arizona golf courses face tough conditions
Sunday | via Azcentral.com
As the commercial-real-estate crisis worsens in Arizona, many golf-course owners find themselves deep in the rough and struggling to stay in the game.About a dozen golf courses in the state have gone through foreclosure or bankruptcy since commercial properties started facing serious financial problems in 2008, according to Mesa-based ... Comment?
Sunday Dec 20 | via Arizona Daily Star
Oro Valley Country Club has hired Paula Doris as food and beverage manager. A graduate of the University of Arizona, Doris has an extensive background in the hospitality industry, including private clubs. Comment?
Housing appraisers pushing for reform
Saturday Dec 12 | via AZCentral.com
Home appraisers are expected - and trusted - to provide honest and accurate reports on a property's value for the buyer, seller and lender. Comment?
Arizona economy: 1 step forward, 1 step back
Saturday Dec 12 | via Azcentral.com
The state economy in the past month remained in its usual ambivalent mood, not sure if it wanted to get better or worse. Comment?
GMAC expects $5B 4Q loss, selling mortgage assets
4 min ago | via KSAW 51
GMAC Financial Services, the consumer lender now majority owned by the government, said Tuesday it expects to report a loss of about $5 billion in the fourth quarter thanks to deep writedowns on underperforming mortgage loans it plans to sell. Comment?
Bucks: Credit Scores, Mortgage Modifications
4 min ago | via The New York Times
Do borrowers taking part in the Obama administrationa s mortgage modification program deserve a black mark on their credit records? Lenders use special codes to let credit bureaus know what customers are borrowing and whether they're paying on time. Comment?
Watchdog offers expenses 'options'
5 min ago | via Hemsworth and South Elmsall Today
Parliament's new standards watchdog will offer a set of options for reform of MPs' expenses when it launches a public consultation on Thursday, its chairman Sir Ian Kennedy has revealed. Comment?
Foreclosure crisis: 75-year-old Naples man loses hom...
5 min ago | via Naplesnews.com Stories
His small, white house at 507 13th Street North in Naples will be sold in a foreclosure sale on Thursday. Comment?
Builder gets prison time for mortgage scheme
7 min ago | via KRDO
A Weld County builder has been sentenced to 31 years in prison for his role in a mortgage scheme that prosecutors say left many Greeley-area families in foreclosure and defrauded lenders. Comment?