Items Tagged with 'Colorado'


Colorado adopts the SAFE Mortgage Loan Originator test

51 state agencies now use test
Colorado is the newest state to start using the nationwide SAFE mortgage loan originator test, bringing the total number to 51 state agencies. When the test was first made available in 2013, only 26 state agencies joined in. The test combines both the national and state testing requirements of the SAFE Act and streamlines the license application process for MLOs seeking licenses in multiple states.
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Denver’s marijuana boom pushing city into housing crisis

Legalization of marijuana great for city’s economy, but not for housing
The legalization of marijuana in the state of Colorado has had a positive impact on the state’s economy, but the state’s largest city is facing a housing crisis, as steeply rising home prices are pricing out much of the city’s population.
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Declining oil prices will have a muted impact on housing

It's not a repeat of the 80s
While everyone enjoys low prices at the pump, the impact of it can reverberate throughout the economy and cause some unintended consequence. However, the severity this time around is a lot less than what the country experienced during the last big oil price decline in the 1980s.
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Colorado broker suspended for stealing from homeowners

Took prescription drugs from medicine cabinet
An investigation found that Robert Marshman abused his position in the real estate business by searching for prescription medication, and stole prescription drugs belonging to the homeowner on an “unknown number of occasions.”
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Foreclosure law firm to pay $10m to settle price-gouging complaint

Came to the front when Fannie Mae pulled plug
In a call to HousingWire, an attorney with Brownstein Hyatt Farber Schreck, the firm representing Aronowitz & Mecklenburg, said his client is also going to look for someone to purchase the foreclosure operation. Colorado's attorney general filed a complaint alleging the foreclosure law firm set unreasonably high prices for its services, knowing there was little homeowners or the state could do about it.
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