SB 1271 – Arizona Anti-Deficiency Law Repealed. On September 4, 2009, at approximately 1:20pm, Governor Brewer signed HB 2008 which repeals SB 1271 and its changes to the Arizona anti-deficiency statute. For now, Arizona’s Anti-Deficiency Statute will remain in favor of Arizona homeowners. Expect lenders to be a little bit more favorable to loan modifications [...]
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