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The Atlantic: “I think the people that I am arguing with about ‘strategic mortgage default’ are probably closer to my position than they think they are. Just to clarify a few things: 1. I do not want any change in the laws surrounding default; I think mortgage default is [...] The Arizona Bankers Association is pushing again to change Arizona’s anti-deficiency laws. According to Paul Hickman, president and CEO of the Arizona Bankers Association, “One of our main goals is to reform this statute and bring it in line with the rest of the country . . . This law makes Arizona compare worse to [...] As Arizona real estate lawyers, we are frequently asked by Arizona home owners if a lender who forecloses on a loan secured by a deed of trust or a lien on an Arizona home can sue the home owner for a deficiency. We are also asked whether the anti-deficiency laws apply to a [...] |
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