Tucson Land Use Law Blog

Recent Posts from Tucson Land Use Law Blog

• The Jumbo Wave

  It seems that the small glimmer of hope that everyone is hoping for in the housing market is not likely to come anytime soon.  Mathew Padilla has posted an excellent blog article discussing that the…

• Protecting Tenants at Foreclosure Act of 2009

  On May 20, 2009, President Obama signed into law Senate Bill 896, also known as the "Helping Families Save Their Homes Act of 2009."  Section 702 of that Act - the "Protecting Tenants at Foreclosure…

• Looks Like No Bankruptcy Foie Gras Power For Judges

  When I hear the term "cram down" authority in the bankruptcy context, I keep picturing some poor mortgage lender warily stepping into a bankruptcy judge's chambers only to have a long metal pipe shoved down his…

• We're Not Leaving!!!

  As the foreclosure wave has grown into a tsunami-like crisis, advocacy groups such as the Association of Community Organizations for Reform Now (ACORN) have taken to the streets in campaigns to lobby legislators about implementing…

• Cramdown Authority

  It is clear that that lending industry has been slow to confront the ever-widening foreclosure crisis that began to pick up steam in 2007.  Indeed, Sandor E. Samuels, the former chief legal officer of Countrywide…

• Arizona Foreclosure Rates

  RealtyTrac just released its 2008 U.S. Foreclosure Market Report, which reported that there were a total of 3,157,806 foreclosure filings (default notices, auction sale notices, and bank repossessions) on 2,330,483 properties during 2008.  That was…

• Foreclosure and The Right of Reinstatement

  So a borrower defaults under a promissory note and the deed of trust.  Normally, the lender in that circumstance will exercise the power of sale clause in the deed of trust and begin the foreclosure…

• Arroyo Grande - The New Land Department

  It has been interesting to watch the transition in the State Land Department, whose long-standing mission has been "to enhance value and optimize economic return" for the State Land Trust.  In practice, the Department has…

• Illegal Immigrants and The American Dream

  Despite unending attempts to step the flow of illegal immigration to the United States through an increasingly militarized border, the mortgage lending industry was not about to pass up the chance to capitalize on the…

• Tax Lien Foreclosures - Strict Compliance Is Out!

  Under Arizona Revised Statutes Section 42-18202, a tax lien investor who wants foreclose the right of a property owner to redeem a tax lien is required, among other things, to send a notice of intent…