Special thanks
to our supporters

  • Carolyn Vemulapalli
  • Rob Charles
  • Tom Tronsdal
  • Marianne & Chuck Freitas
  • The Alben F. Bates and Clara G. Bates Foundation
  • Sharon Bronson
  • Lincoln Steffens
  • Lester Bangs
  • Ida B. Wells
  • John S. and James L. Knight Foundation
  • Ethics and Excellence in Journalism Foundation
  • & many more!

We rely on readers like you. Join them & contribute to the Sentinel today!

Hosting provider

Proud member of

Local Independent Online News Publishers Authentically Local Local First Arizona Institute for Nonprofit News

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 Community Land Trust will hold a seminar on its Affordable Homeownership Program on Wednesday.

The Pima County Community Land Trust will offer prospective buyers information about its Affordable Homeownership Program at 6 p.m. Wednesday at the Pima County Housing Center, 801 W. Congress. 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»

Fannie Mae has opened a new mortgage help center in Arizona to help homeowners with loans owned by the company. One of the reasons for putting the center here: the state’s high rate of foreclosures.

Mortgage finance giant Fannie Mae has opened a mortgage help center in Arizona to help struggling homeowners with loans owned by the company. Read more»

Three of the nation’s largest mortgage servicers have halted foreclosures as scrutiny increases over whether they verify the required paperwork. Several other servicers also have also been faulted for foreclosure affidavits without much authentication, but they have not yet halted foreclosures. Read more»

A Bank’s Best Customer: Its Own CDOs: In the last two years of the boom, CDOs created by one bank commonly purchased slices of other CDOs created by the same bank. Market leader Merrill Lynch outpaced its competitors. Nearly half of all of its CDOs bought significant portions of other Merrill CDOs. The black circles below represent the number of deals in which banks' CDOs held a significant portion of their own prior CDOs (more than one-third of the overall CDO slices in the deal) while the colored circles represent the total number of deals completed by that bank in that half year.

As investors left the market in the run-up to the meltdown, Wall Street created fake demand, increasing their bonuses — and ultimately making the crisis worse. 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»

Sheila Bair accepts the 2009 Hubert H. Humphrey Award.

Sheila Bair, one of the chief regulators overseeing Bank of America’s federal rescue, took out two mortgages worth more than $1 million from the banking giant last summer during ongoing negotiations about the bank’s bailout and its repayment. Read more»