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After years of promises that test-driven accountability would yield miracles, scandals with school ratings are popping up all over the country.
President Barack Obama, seeking to buffer taxpayers from future housing market downturns, will urge Congress this week to back bipartisan efforts to shutter Fannie Mae and Freddie Mac, the mortgage-giants bailed out by the government in 2008.
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
U.S. home prices soared 12.1 percent in April from a year earlier — including a nation-leading 19.2 percent leap for the Phoenix market.
When I start talking about real estate in 2012 all I can say sometimes is, “WOW!” Do you realize that in 2012 the “Phoenix median home prices jumped 36 percent from $116,000 to $158,000 in one year, November to November” (housingwire.com)?
The lawyer for Attorney General Tom Horne said Monday his client was legally entitled to surrender $50 million of the money the state got from a nationwide mortgage settlement.
A day-long conference on homeowners’ rights under the National Mortgage Settlement will be at the Arizona State University Homeowner Advocacy Unit at the Sandra Day O’Connor College of Law on Oct. 19.
WASHINGTON — Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures.
WASHINGTON — U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy's persistent weakness and slowing prospects for the unemployed.
Why you shouldn’t pay down your mortgage faster
The job creator has become the messiah in our economic doldrums. Some say we need to provide these messiahs with all sorts of economic advantages so the rest of us may have the privilege of working.
It was only 15 years ago. Not quite a generation. The federal budget was nearly balanced, jobs were aplenty, homes were appreciating at about 5 percent a year, there were no wars and people were generally happy with their lives. The good times were rolling!
A controversial procedure used by lenders to store mortgage documents is not illegal — and not enough to stop home foreclosures, a federal appellate court ruled Wednesday.
The new unemployment count is out for March and, lo and behold, we finally gained some jobs. There are 162,000 new positions above what had existed, out there in the work force according to the US Bureau of Labor Statistics. That's the largest gain since March of 2007 when the recession was probably starting to seep in to the economic system but way in advance of when we all finally noticed in the summer of 2008.
WASHINGTON — With the U.S. economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up the housing market.
WASHINGTON — Tough as they seem, will the Obama administration's strict new Wall Street rules really work?
Tom Patterson: Can’t anybody do something to stop this bizarre bailout mania? Capitalist economies expect ceaseless change. Fortunes rising — and falling — is a given. The story of learning and persevering through failure is the quintessential entrepreneurial experience.
NEW YORK - Citigroup, its stock trading under $1 just a week ago, cleared $1.50. Other bank stocks rallied, too. The CEO of JPMorgan Chase said his bank, like Citi, made a profit for January and February.
WASHINGTON — A new definition of desperate times: Even as the government threw a stunning new $30 billion lifeline to American International Group on Monday, the beleaguered insurance giant confirmed it had lost more than twice that much, $62 billion, in a single three-month period.
NEW YORK (AP) — Investors' despair about financial companies and the recession has brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7,000 in more than 11 years.
Many Valley real estate experts gave President Barack Obama high marks Wednesday for seriously attacking the foreclosure crisis in his speech at Dobson High School in Mesa.
I’m here today to talk about a crisis unlike any we’ve ever known – but one that you know very well here in Mesa, and throughout the Valley. In Phoenix and its surrounding suburbs, the American Dream is being tested by a home mortgage crisis that not only threatens the stability of our economy but also the stability of families and neighborhoods. It is a crisis that strikes at the heart of the middle class: the homes in which we invest our savings, build our lives, raise our families, and plant roots in our communities.