Sub-Prime Mortgages in Arizona
No Ticky, No Laundry
Posted on February 19, 2009 in Arizona Law Regarding Business and Real EstateAt the law firm of William A. Miller in Phoenix Arizona, we take Arizona-granted licenses as a privilege. You cannot build a house without a contractor’s license. You cannot give legal advice without a law degree and license to practice law. Good luck suing in this State if you do not possess one. If you build a house without proper authority, good luck suing the homeowner, our Courts will toss you out.
The same goes for trying to sell beers at a burger joint, no license, no beers.
We just filed a multi-million dollar suit against a group of entrepreneurs who bought bank loans with unused lines of credit for pennies on the dollar. Now they are trying to foreclose. The law does not allow such and over the next few weeks, we will be reminding the Court and the entrepreneurs that acting like a bank requires a license! We’ll keep you posted on the results.
I know I am aging myself but like Bob Hope used to say in the “Road Show” flicks, “no ticky, no laundry.”
If some non-licensed group has hampered you, be it selling you worthless stock without a securities license or giving you liposuction without a medical license, give us a call to discuss your rights. Our number is 480.948.3095.
NEW PHONE & FAX
Posted on December 10, 2008 in Arizona TrialsGreetings: My new phone and fax numbers are: 480-948-3095- phone 480-948-3137- fax The cell is the same. 602-319-6899 Thanks and Merry Christmas!Add Comment
Arizona Litigation Trends
Posted on November 16, 2008 in Arizona Law Regarding Business and Real EstateSo what’s up in Arizona and national litigation? Everyone is suing everyone. We opened four new files last week at the law firm of William A. Miller in Scottsdale, Arizona.
In its latest annual 2008 Litigation Trends Survey, the international law firm of Fulbright & Jaworski L.L.P. predicts a rise in corporate litigation. “This year’s survey appears to mark an inflection point for American business, between the end of a prolonged period of prosperity and the start of a period of economic challenge that is likely to fuel litigation over who is to blame and who should pay for the consequences,” said Stephen C. Dillard, who chairs Fulbright’s global litigation practice. “Given that we were polling in-house counsel on the cusp of that transition, it’s no wonder that this year’s findings highlight both the evident calm before the storm, as well as the sense that disputes are on the rise.” Do you think? Bill Miller has always said the two times people in Arizona litigate is when there is no money floating around … like now and when there is too much, like the late 1990’s.
If you lost money in a real estate deal or some crazy investment, you need to call Bill at 602.319.6899 to see what your rights are in the GREAT STATE OF ARIZONA.
Add CommentNew HUD Rules
Posted on November 13, 2008 in Sub-Prime Mortgages in ArizonaNow this will really help with all of the mortgage fraud that went on out there. The new HUD rules require a three-page “good-faith estimate” for borrowers explaining rates, fees, any prepayment penalties and the possibility of later increases in monthly payments. HUD said it “shrank” that form from four pages to three in response…
Read MoreThe Sub-prime Meltdown
Posted on November 5, 2008 in Sub-Prime Mortgages in ArizonaMuch has been said that the cause of the current economic crisis is the sub-prime mortgage meltdown. This is almost always followed by stories of ‘folks’ losing their homes. However, when all is said and done, history will show that a huge percentage of the foreclosures were caused by borrowers who owned multiple homes, i.e.,…
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