Yearly Archives: 2014

The Colorado Attorney General’s Office announced that the statewide grand jury has issued a 37-count indictment against six family members for using their status in the real estate industry to perpetrate a fraud-for-profit mortgage fraud scheme. The family is accused of manipulating “straw buyers” to buy and sell properties destined for foreclosure. The six are accused of violating the Colorado Organized Crime Control Act based on the commission of crimes ranging from Forgery and Theft, to Criminal Impersonation, and Attempt to Influence a Public Servant

When searching for a real estate professional it’s helpful to start your search by meeting with agents that have assisted family or friends that you know and trust. During your meeting, ask if he or she is a Realtor®, a member of the National Association of Realtors®, and a professional who holds themselves to a higher ethical standard

The U.S. Environmental Protection Agency (EPA) today announced that Hunt Building has agreed to resolve alleged Clean Water Act violations at two military housing construction sites at the United States Air Force Academy in Colorado Springs, Colo. The company will pay a civil penalty of $310,000

Colorado Attorney General John Suthers today announced the filing of civil law enforcement actions against the two largest foreclosure law firms in Colorado. In separate filings, the Attorney General’s Consumer Protection Section charged The Castle Law Group, its principals and affiliated foreclosure-related businesses, as well as Aronowitz & Mecklenburg, its principals and affiliated foreclosure-related businesses with violating the Colorado Consumer Protection Act, the Colorado Antitrust Act, and the Colorado Fair Debt Collection Practices Act. The Attorney General filed a simultaneous proposed Final Consent Judgment settling the case against the Aronowitz defendants.

U.S. Senator Mark Udall and Congressman Jared Polis hailed the U.S. Senate's passage of their bill to help Summit County support local businesses and jobs by expanding affordable workforce housing. The Lake Hill Administrative Site Affordable Housing Act conveys 40 acres of federal administrative land from the U.S. Forest Service Dillon Ranger District to Summit County to build affordable workforce housing while supporting a new Dillon Ranger District administrative building nearby. The bill now heads to the president's des

Colorado Attorney General John Suthers today announced a $550 million nationwide state-federal settlement with mortgage lender and servicer SunTrust Mortgage Inc. to remedy mortgage origination, servicing, and foreclosure abuses. To resolve past SunTrust abuses, some Colorado borrowers are now eligible for $4,448,533 in principal reduction loan modifications, refinancing for underwater mortgages, foreclosure payments and other relief. Coloradans who experienced servicing abuses and were foreclosed by SunTrust from January 1, 2008 through December 31, 2013 may be eligible for a payment from a national $40 million fund. Payment amounts will depend on how many borrowers file claims

Business and community leaders joined forces this morning in supporting Mercy Housing, Inc., a national non-profit based in Denver that builds and manages affordable housing in Colorado and nationwide.

Colorado Attorney General John Suthers and Boulder District Attorney Stan Garnett today announced the dismantling of an asphalt paving and roofing ring that targeted and scammed Colorado senior citizens.

Colorado U.S. Senator Michael Bennet today discussed the crucial need to repair, improve, and upgrade our infrastructure to help maintain the United States’ competitiveness in the changing global economy at the “America’s Infrastructure Opportunity: Bridging the Financing Gap” conference

U.S. Senators Mark Udall and Michael Bennet joined U.S. Housing and Urban Development Secretary Shaun Donovan and Gov. John Hickenlooper today to announce Colorado will receive an additional $199.3 million to help communities recover from the September 2013 flood. The recovery funds, provided through HUD's Community Development Block Grant- Disaster Recovery (CDBG-DR) Program, will support long-term disaster recovery efforts in areas with the greatest extent of unmet need, primarily in Boulder, Weld and Larimer counties

Congressman Scott Tipton highlighted legislation being considered in the House this week that would help provide relief for families struggling to pay rising costs to heat their homes. The legislation includes measures to provide relief to families by eliminating unnecessary bureaucratic restrictions that drive up the cost of energy production and increase the time it takes to transport energy resources to the communities that need them.

Late yesterday, Judge Dennis Hall of the Jefferson County District Court ruled on a series of motions regarding the Lower North Fork Fire. The judge granted motions by the state to dismiss all but the negligence claims that had been authorized by the General Assembly in the weeks immediately following the Lower North Fork wildfire. Judge Hall found that homeowners failed to allege facts and circumstances in support of other theories that would permit them to exceed limitations on claims contemplated under Colorado law

Colorado Attorney General John Suthers announced today that he is reallocating $23 million from Colorado’s National Mortgage Settlement funds to affordable housing programs with special emphasis in funding affordable housing in areas hardest hit by the recent flood and wildfires. The money is part of the overall $51.17 million in custodial funds Colorado recovered from the National Mortgage Settlement.

As part of his longtime push to ensure firefighters have the resources they need to protect Colorado communities from wildfire, Mark Udall joined a bipartisan effort today in the U.S. Senate to modernize the funding structure for fighting and preventing wildfires. The bipartisan, money-saving bill prevents federal agencies from draining funding from proactive and cost-saving wildfire prevention programs and allows access to emergency funding to support immediate fire response.