mortgage Archives

Enterprise Bank expands mortgage division

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Recognizing the Valley’s continued residential real estate market recovery, Enterprise Bank & Trust has expanded its mortgage products for current and prospective clients interested in home purchase, refinance and other mortgage portfolio services. To lead the expansion in Phoenix, Enterprise Bank & Trust has added seasoned mortgage expertise to its team including Brian Occhipinto, who… Read More →

Wells Fargo grants $1 million to six area nonprofits

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by in Banking | Featured | Nonprofit

Wells Fargo & Company, one of America’s leading community banks and the nation’s largest home mortgage lender, announced the company will make donations totaling $1 million shared across six Arizona nonprofits to help further strengthen and stabilize Arizona communities. The local grant recipients were identified in close collaboration with the City of Phoenix and Mayor… Read More →

Are Arizona’s anti-deficiency statutes feeding the bubble?

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by in Banking | Economy | Featured

Jack and Jill were living the American dream. They bought their dream house in 2006. Then, the economy spiraled downward. Jack lost his job. Housing values dropped, and the amount remaining on Jack and Jill’s mortgage exceeded the value of the property — commonly known as having a house that is “under water.” Jack and… Read More →

Are Arizona’s anti-deficiency statutes feeding the bubble?

by in Banking | Economy | Featured

Jack and Jill were living the American dream. They bought their dream house in 2006. Then, the economy spiraled downward. Jack lost his job. Housing values dropped, and the amount remaining on Jack and Jill’s mortgage exceeded the value of the property — commonly known as having a house that is “under water.” Jack and… Read More →