Archives

Udall Welcomes Bank of America’s Decision to Halt Foreclosures

Washington, D.C. - October 11, 2010 - (RealEstateRama) -- Today, U.S. Senator Mark Udall released the following statement after Bank of America announced that it was halting all home foreclosure proceedings while it reviews accusations of widespread fraud in foreclosure documents

Bureau of Justice Assistance Mortgage Fraud Grant to the Colorado Bureau of Investigation

October 6, 2010 - (RealEstateRama) -- The Colorado Bureau of Investigation plans to add six new fraud unit positions to pursue mortgage fraud in Colorado with a new $1.7 million grant that was awarded this month from the Bureau of Justice Assistance of the U.S. Department of Justice, CBI Director Ronald C. Sloan announced.

GOV. RITTER ANNOUNCES $2.2M IN NEW ENERGY ECONOMIC GRANTS

August 27, 2010 - (RealEstateRama) -- Gov. Bill Ritter announced today 23 New Energy Economic Development (NEED) grants to recipients across Colorado for renewable energy and energy efficiency projects that will help create and retain jobs, strengthen local economies, and save money and energy.

GOV. RITTER NAMES NEW MEMBERS OF MORTGAGE BOARD

August 13, 2010 - (RealEstateRama) -- Gov. Bill Ritter today announced he has appointed five new members to the Board of Mortgage Loan Originators. The Governor appointed three people to terms expiring Aug. 10, 2012: Julie I. Piepho of Fort Collins, Cheryl L. Dingwell-Keckritz of Colorado Springs and Leslie J. Mitchell of Denver

Bennet: Boost for Housing Counselors Will Help Struggling Families Stay in Their Homes

Washington, DC - July 29, 2010 - (RealEstateRama) -- On the heels of Michael Bennet’s call to Senate Appropriations leaders to provide increased resources for housing counselors who are helping struggling homeowners stay in their homes, the U.S. Department of Housing and Urban Development (HUD) announced today that it will make $79 million available for a broad range of housing counseling programs to help families find and preserve housing. The available funding is an increase of $21 million, or 27 percent, over last year.

Bennet Rural Housing Loan Program Fix Passes Congress, Awaits President’s Signature Into Law

Washington, DC - July 28, 2010 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, applauded Congressional passage of key provisions that mirror legislation he introduced to bolster Rural Housing Service loan programs on the brink of insolvency.

EPA to remove hazardous wastes at Elizabeth Mining and Development property in Montrose County...

Denver, CO - July 27, 2010 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) will conduct an emergency removal of hazardous substances this week at the 35-acre Elizabeth Mining and Development, Inc.(EMDI) site located at 11948 6300 Road, four miles northwest of Montrose, in Montrose County. EPA estimates that the cleanup will be complete by the end of the week.

Polis Calls for the Federal Housing Finance Agency Director to Work with Stakeholders on...

July 19, 2010 - (RealEstateRama) -- Continuing his efforts to support Colorado’s clean energy economy, Congressman Jared Polis (D-CO) has called on the Acting Director of the Federal Housing Finance Agency (FHFA) Edward DeMarco to either work cooperatively with stakeholders and communities toward resolving PACE programs or step down. The letter is available here.

Two Metro Denver Men Plead Guilty as Part of Mortgage Fraud Scheme

DENVER, CO - July 12, 2010 - (RealEstateRama) -- Shawn R. Tieskotter, age 37, of Greenwood Village, Colorado, and Craig D. Patterson, age 30, of Littleton, Colorado, each pled guilty before U.S. District Court Judge Robert E. Blackburn Wednesday to one count of mail fraud related to a mortgage fraud scheme. Tieskotter and Patterson were indicted by a federal grand jury in Denver on March 10, 2010. On May 20, 2010, a superseding indictment was filed. Both defendants pled guilty on July 7, 2010, and are scheduled to be sentenced by Judge Blackburn on November 12, 2010

Bennet Urges House to Keep Rural Housing Loan Program in Supplemental Bill

Washington, DC - June 23, 2010 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, today urged the House to pass key provisions that mirror legislation Michael Bennet, U.S. Senator for Colorado, introduced to bolster Rural Housing Service loan programs on the brink of insolvency.

Congressman Salazar announces $215,842 in funding for affordable housing in Walsenburg

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $215,842 has been allocated for the Walsenburg Housing Authority. The funding will be used to maintain and upgrade 129 public housing units in Huerfano County. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country

Congressman Salazar announces $157,639 in funding for affordable housing in La Junta

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $157,639 has been allocated for the La Junta and Otero County Housing Authority. The funding will be used to maintain and upgrade 86 public housing units in the region. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country

Congressman Salazar announces $137,671 in funding for affordable housing in Delta

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $137,671 has been allocated for the Delta Housing Authority. The funding will be used to maintain and upgrade 75 public housing units in Delta County. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country.

Congressman Salazar announces $139,962 in federal funding to help homeless veterans in Grand Junction

WASHINGTON, DC - June 14, 2010 - (RealEstateRama) -- U.S. Congressman John Salazar announced that $139,962 in federal funding has been appropriated to help homeless veterans in the Grand Junction area find housing. The funding was made available through the 2010 Omnibus Appropriations Act. Congressman Salazar serves on the House Appropriations Committee which oversees the distribution of federal appropriation funding. The $139,962 is going to the Grand Junction Housing Authority which has partnered with the Grand Junction VA Medical Center to provide rental assistance vouchers under a supportive housing program for homeless veterans

Congressman Salazar announces $2,721,000 in federal funding to help community members find affordable housing...

WASHINGTON, DC - June 14, 2010 - (RealEstateRama) -- U.S. Congressman John Salazar announced $2,721,000 in federal funding to help moderate to very low income residents in the Pueblo area find housing. The funding comes in the form of two federal grants; one Community Development Block Grant for $1,799,904 and a HOME grant for $921,097. In 2009 Congressman Salazar was appointed to serve on the House Appropriations Committee which oversees the distribution of federal appropriation funding. The $2,721,000 is going to the Pueblo Department of Housing and Citizen Services

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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