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Existing home sales in April rose at the fastest pace in nearly two years. Analysts said the numbers was positive, though it did not signal the end of the country's economic woes. Read more»

A former loan officer and Tucson resident has been charged with fraud and making false statements on loan applications in a case involving $1.4 million in home loans. Read more»

The effects of the housing market’s collapse can be felt far and wide, though perhaps no more so than by Latinos and other communities of color. Read more»

The Pima County Housing Center is warning homeowners about potential scams related to February's $25 billion mortgage settlement. Read more»

U.S. home sales rose by 4.3 percent in January, bringing good economic news to a battered real estate market. Read more»

Arizona will receive $1.6 billion of a $25-billion multistate settlement with five banks over mortgage lending practices and foreclosures, giving many borrowers some relief, the state Attorney General's Office announced Thursday. Read more» 1

Arizona Attorney General Tom Horne, shown in this file photo from an October news conference, is expected to add Arizona to the list of states joining a $25 billion settlement against banks over their mortgage lending practices, officials said.

Arizona is one of a handful of states that have not yet agreed to a potential $25 billion mortgage settlement for suffering homeowners, but the state hopes to join soon, officials said. Read more»

Concerned about losing your home to a foreclosure? Pima County is sponsoring a free foreclosure prevention workshop Saturday. Read more»

A foreclosed home in Kingman.

As the Phoenix area's crush of foreclosures has drawn national attention, routinely ranking that area among the most severely hit markets in the U.S., rural communities in Arizona have been quietly grappling with their own crisis. Read more»

For years, banks and other companies handling foreclosures have turned to cheap labor to process the growing volume of foreclosures. Read more»

Apartments under construction in Shenzhen, China.

A housing rebound in the U.S., a bubble in China. Read more»

According to the FTC, companies offering mortgage modifications or foreclosure relief programs generated nearly 8,000 complaints in 2009.

As many Americans sank deeper into financial trouble last year, a record number reported that they fell victim to schemes seeking to profit from their misfortune. “I want to shut you down,” an FTC watchdog said of the schemers. “I want to take every penny you have and I want to send you to jail.” Read more»