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Littleton Man Sentenced for Shredding Documents in an Attempt to Obstruct Mortgage Fraud Investigation

DENVER - February 4, 2013 - (RealEstateRama) -- Justin H. Knight, age 36, of Littleton, Colorado, was sentenced last Friday by U.S. District Court Judge Robert E. Blackburn to serve five years’ probation, with the first 12 months in home detention for shredding documents in an attempt to obstruct an investigation into a mortgage fraud scheme, U.S. Attorney John Walsh, FBI Denver Special Agent in Charge James Yacone, IRS-Criminal Investigation Special Agent in Charge Stephen Boyd, and U.S. Postal Inspector in Charge Adam Behnen announced. Judge Blackburn ordered Knight to pay a $100 special assessment as well as the cost of the electronic monitoring.

Westminster Man Sentenced to 72 Months in Prison for Orchestrating a $1.7 Million Real...

DENVER - February 4, 2013 - (RealEstateRama) -- Steven J. Mascarenas, 53, of Westminster, Colorado, was sentenced recently by U.S. District Court Judge Robert E. Blackburn to serve 72 months in federal prison for wire fraud, making a false statement to a pretrial services officer, and escape, U.S. Attorney John Walsh, Denver FBI Special Agent in Charge James Yacone, and IRS-Criminal Investigation Special Agent in Charge Stephen Boyd announced. Mascarenas was ordered to spend three years on supervised release after he serves his term of imprisonment. Judge Blackburn also ordered Mascarenas to pay restitution totaling $1,776,152.21. Mascarenas will surrender to the Bureau of Prisons once a facility is designated.

Colorado Resident Sentenced to 168 Months in Prison for Defrauding Investors in Texas Real...

WASHINGTON, DC - January 16, 2012 - (RealEstateRama) -- The owner and president of Evans Real Estate Group LLC was sentenced today to 168 months in prison for defrauding investors in real estate funds that invested in the acquisition, renovation and continued operation of existing apartment complexes in Texas, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division.

Udall Congratulates the Four Corners Office for Resource Efficiency on Receiving Housing Preservation Grant

October 19, 2012 - (RealEstateRama) -- Mark Udall congratulated the Colorado Four Corners Office for Resource Efficiency (4CORE) today on securing a $50,000 competitive grant from the U.S. Department of Agriculture to repair and rehabilitate 50 low-income, owner-occupied homes in Archuleta, Dolores, La Plata, Montezuma and San Juan counties. The competitive grant is provided through USDA's Rural Development's Housing Preservation Grant program.

Udall Congratulates Housing Agencies Across Colorado on Receiving $561,597 in Competitive Housing Grants

Clark, CO - September 21, 2012 - (RealEstateRama) -- Mark Udall congratulated housing agencies in Adams, Arapahoe, Boulder, Denver, Larimer and Mesa counties on their receipt of $561,597 in competitive grant funds to help families succeed and escape homelessness.

Udall Congratulates Denver Nonprofits on Receiving More than $1.2 Million to Help Homeless Veterans

September 20, 2012 - (RealEstateRama) -- Mark Udall congratulated two Denver nonprofits, the Colorado Coalition for the Homeless and Volunteers of America’s Colorado branch, on receiving more than $1.2 million in competitive grant funds to provide critical housing services to homeless veterans.

Polis Offers Middle Class Housing Solutions for Eagle and Summit Counties

WASHINGTON, D.C. - September 18, 2012 - (RealEstateRama) -- With a growing need for affordable housing for middle class Coloradans, Congressman Jared Polis offered legislation this week to help expand the stock of affordable homes and support tourism businesses and their workers. The Affordable Housing Regulation Simplification Act would ease regulations that prevent families from financing affordable homes in high-tourism areas. The Lake Hill Affordable Housing and Forest Service Support Act would convey a 40-acre parcel of the U.S. Forest Service Lake Hill site to Summit County for the construction of affordable housing. The site will also host a new Dillon Ranger District administrative compound.

Three Co-Conspirators Found Guilty of Implementing Mortgage Fraud Scheme

DENVER - September 3, 2012 - (RealEstateRama) -- Michael Jacoby age 44, of Castle Rock, Colorado; Derek Zar, age 30, of Commerce City, Colorado; and Susanne Zar, age 58, of Frederick, Colorado, were found guilty yesterday (August 30, 2012) by a jury for wire fraud, bank fraud, and money laundering, the U.S. Attorney’s Office, the Federal Bureau of Investigation, and IRS-Criminal Investigation announced. The guilty verdicts were the result of a four-week trial before Visiting U.S. District Court Judge Kathryn H. Vratil. Jacoby was taken into custody immediately after the jury returned the guilty verdict. They are scheduled to be sentenced by Judge Vratil on December 10, 2012

Udall Urges Homeowners Near High Park, Waldo Canyon Burn Areas to Purchase Federal Flood...

August 28, 2012 - (RealEstateRama) -- Mark Udall urged homeowners in and around the High Park Fire and Waldo Canyon Fire burn areas to purchase federal flood insurance before waivers for the normal 30-day waiting period for coverage expires. The deadline for homeowners living in and around the High Park Fire burn area is Wednesday, Aug. 29; the deadline for homeowners living in and around the Waldo Canyon Fire burn area is Saturday, Sept. 8.

Readout of Secretary Salazar’s Visit to Colorado’s National Renewable Energy Laboratory Site

GOLDEN, CO - July 16, 2012 - (RealEstateRama) -- Secretary of the Interior Ken Salazar today visited the National Renewable Energy Laboratory (NREL) campus in Golden, Colorado where he toured the 327-acre campus’ state-of-the-art facilities and met with scientists regarding ongoing research on the development, commercialization and deployment of renewable energy.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR COLORADO FIRE VICTIMS

WASHINGTON, DC - June 29, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Colorado and provide support to homeowners and low-income renters forced from their homes due to the ongoing High Park and Waldo Canyon wildfires this month.

Attorney General announces $51.17 million will be used for homeowner relief, foreclosure-prevention efforts

DENVER - March 20, 2012 - (RealEstateRama) -- Colorado Attorney General John Suthers and Governor John Hickenlooper announced today that Colorado will use the $51.17 million it has received under the recent multistate settlement with the country’s five largest banks to fund homeowner relief and foreclosure-prevention efforts throughout the state.

Attorney General announces $51.17 million will be used for homeowner relief, foreclosure-prevention efforts

DENVER, CO - March 16, 2012 - (RealEstateRama) -- Colorado Attorney General John Suthers and Governor John Hickenlooper announced today that Colorado will use the $51.17 million it has received under the recent multistate settlement with the country’s five largest banks to fund homeowner relief and foreclosure-prevention efforts throughout the state.

Communities Should Be Protected from Impacts of Fracking

Erie, CO - March 15, 2012 - (RealEstateRama) -- With Coloradans increasingly concerned about oil and gas drilling encroaching on suburban areas and schools, Congressman Jared Polis today met with two affected Erie homeowners and the local organization Erie Rising to listen to their concerns and discuss legislation he has authored to curb air and water pollution related to fracking and other drilling practices

Bennet: Need to Ensure Foreclosure Settlement Delivers Relief for Colorado Families

February 13, 2012 - (RealEstateRama) -- Colorado U.S. Senator Michael Bennet released the following statement after the announcement of a $25 billion deal states reached between the U.S. Department of Housing and Urban Development, the U.S. Department of Justice and the country’s largest mortgage servicers over foreclosure abuses and servicing problems. The settlement provides over $200 million in relief to Colorado—most of which should directly benefit struggling homeowners.

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Tipton: FHA Practices Pose Risk to Taxpayers

Today, Congressman Scott Tipton (R-CO) questioned Department of Housing and Urban Development (HUD) Secretary Julian Castro during a House Committee on Financial Services oversight hearing to examine the Federal Housing Administration’s (FHA) precarious financial state 1st Priority Roofing