Mortgage relief is on the way for Arizona homeowners who took out "pick-a-pay" loans from two companies that since have been acquired by Wells Fargo.
Wells Fargo has agreed to provide more than $150 million in mortgage relief to homeowners who obtained the adjustable-rate loans through Wachovia Corp. and Golden West Corp. The move will come about as part of a settlement announced by Attorney General Terry Goddard, who alleged that the loans were marketed deceptively.
(Phoenix, Ariz.) Attorney General Terry Goddard today announced a multi-state agreement with Wells Fargo Bank ("Wells Fargo") over allegedly deceptive marketing of payment option adjustable rate mortgage loans ("POAs") by two companies it acquired: Wachovia Corporation ("Wachovia") and Golden West Corporation ("Golden West").
As Arizona faces a third year of budget distress, a new report indicates that most state residents believe program cuts are the best way to erase the deficit.
But they're picky. They don't want K-12 education cut - and that's the biggest part of Arizona's budget, at 37 percent of overall spending.
Center for Biological Diversity is suing to reinstate protections for bald eagles in Arizona.
The lawsuit filed Tuesday in federal court in Arizona challenges the U.S. Fish and Wildlife's decision to remove the eagle from the endangered species list.
PHOENIX –– Arizona Senate Assistant Minority Leader Senator Rebecca Rios (D-Apache Junction) was honored as one of Arizona’s leaders of the year in public policy for government transparency Sept. 28 at a luncheon hosted by the Arizona Capitol Times.
Powerful thunderstorms began striking the Valley on Monday afternoon, bringing strong, dusty winds, periods of heavy rain and a possibility of hail, according to the National Weather Service.
The storms forced about 30 flights to be diverted from Phoenix Sky Harbor International Airport to other cities across the Southwest, such as El Paso, Albuquerque and Tucson.
Health officials are confirming the first flu case of the season. Both the state and Maricopa County say an unvaccinated woman in her early 30s is now recovering at home.
Maricopa County Department of Public Health Director Dr. Bob England says they don't know which flu strain will dominate flu season this year.
Today is the last day to register to vote in the general election.
Voters have until midnight to register.
All lanes are now open on the westbound Interstate 10 after it closed in Case Grande when a semitruck caught fire Friday morning.
The semitruck was carrying hazardous materials, according to the state Department of Public Safety.
Arizona women are worse off in some ways than those in other states and Arizonans in general rank low on voter registration, volunteering, following the news and even eating dinner as families, according to two reports being released today.
The longest recession since the Great Depression is officially over - across the United States and, by many economists' accounts, in Arizona.