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Arizona working on foreclosure deal with B of A

PHOENIX -- Attorney General Tom Horne said Tuesday he hopes to settle a lawsuit with Bank of America "within days," clearing the way for Arizona to become part of a nationwide deal with that institution and four other banks.

State AG seeks settlement in foreclosure case

PHOENIX - Attorney General Tom Horne said Tuesday he hopes to settle a lawsuit with Bank of America "within days,'' clearing the way for Arizona to become part of a nationwide deal with that institution and four other banks.Horne acknowledged that Arizona has...

Arizona will likely sign on to B of A deal, Horne says

PHOENIX - Attorney General Tom Horne said Tuesday he hopes to settle a lawsuit with Bank of America "within days," clearing the way for Arizona to become part of a nationwide deal with that institution and four other banks.

Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages

Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe.

More US states to join foreclosure-abuse deal

Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.

Key states move closer to foreclosure-abuse deal

California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.

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Feb. 28