Pima County

Stemming the Tide of Foreclosures: Principal Reduction

Leave a Comment

Bank of America, which bought Countrywide Financial for $4 billion in stock in early 2008, has come under pressure from the Massachusetts Attorney General, as a result of Countrywide’s notorious lending practices.  Bank of America’s move is part of an agreement to settle claims over certain high-risk loans made by Countrywide.  See link to Wall … [Read more…]

Tax Lien Foreclosure: Ready, Willing, and Able to Redeem

Leave a Comment

In the tax lien foreclosure world, appropriate service of process is absolutely crucial.  Consider what is at stake in a tax lien foreclosure case – the potential forfeiture of the right of the owner of a property to pay off their delinquent property taxes, which practically speaking means the likely loss of their property.  If … [Read more…]