A new video to help stop foreclosure scams has been released by the Arizona Attorney General.
The video can be seen  at www.azag.gov or http://www.youtube.com/user/AZAttorneyGeneral.
Money from the state’s settlement with Countrywide Financial Corp. last year funded the video.
“Many families in neighborhoods all across our state are in crisis. Thousands are at risk of losing their homes to foreclosure.  [...]

The number of new foreclosure filings against Phoenix-area homeowners fell in May to the lowest level since July 2008.
Last month, there were 6,471 pre-foreclosures, or notice of trustee sales, filed in the Valley, according to the Information Market. Foreclosures also dropped last month to 4,090, their lowest since November 2009.
Phoenix-based R.O.I. Properties, led by Beth [...]

A  lawsuit has been filed against a Scottsdale-based Discount Mortgage Relief and Mortgage Relief LLC by the Arizona Attorney General.
The lawsuit alleges the company engaged in deceptive loan modification services. Attorney General Terry Goddard’s office obtained a temporary restraining order against the firms that  prevents them from charging or receiving money for loan modifications.
A new Arizona [...]

The number of homeowners receiving help from lenders is increasing. However, many Phoenix-area homeowners are still frustrated and angry by the process.
Through April, 13,330 metro Phoenix homeowners had received loan modifications, according to the U.S. Treasury Department. That’s about 1,000 more permanent loan modifications in the area since March.
Another 24,496 homeowners are in trial loan [...]

Californians are no longer the region’s biggest group of out-of-state buyers.
Now, the dominant group of out-of-state buyers is from outside the country. Canadians bought 405 Phoenix-area houses in April, according to the Information Market.
About one-fourth of the people to buy homes in metropolitan Phoenix during April weren’t from Arizona.
Californians purchased 368 Phoenix homes. Buyers from [...]