federal deposit insurance corporation Archives

Could Looser Lending Standards Boost Phoenix Market?


Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of… Read More →

Are Arizona banks lending?

A Guide to Applying for a Bank Loan
by in Banking | Business News | Economy

Are they or aren’t they? Banks can only stay in business by making loans, not turning away customers who want to borrow money. So why does the public believe that banks aren’t lending? “The truth of the matter is that when things were really bad a few years ago, banks weren’t lending,” said Robert Sarver,… Read More →

Law Firms Report Stability In Financial Industry

by in AZ Business Magazine | Finance

Law Firms, Lawyers See Stability in Financial Industry As Arizona struggles to recover from a struggling economy, law firms are seeing a rise in the number of complaints filed in relation to banks and loans. Arizona lawyers have specifically seen an increasing number of claims involving commercial real estate and foreclosures. This indicates to lawyers… Read More →