Mortgage probe planned in Phoenix to study rising payments
State Banking Supt. Franklin Stowell said a move to investigate fluctuations in monthly house payments demanded by mortgage companies is under way. Atty. Gen. Krell was asked about state authority. Rep. M. J. Brown said legislation could bring mortgage firms under supervision. Brown cited petitions from about 500 homeowners requesting the probe.
MENTIONED IN THIS ARTICLE
Phoenix
Franklin Stowell
Stowell
Atty
Robert Krell
M. J. Brown
D-Maricopa
Brown
Spains
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