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Items Tagged with 'Colorado'

ARTICLES

Colorado broker suspended for stealing from homeowners

Took prescription drugs from medicine cabinet
Ben Lane
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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Colorado AG indicts family for mortgage-fraud scheme

Announced 37-count indictment
Brena Swanson
The Colorado state attorney general’s office announced 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.
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Foreclosure law firm to pay $10m to settle price-gouging complaint

Came to the front when Fannie Mae pulled plug
Jacob Gaffney
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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Did Colorado foreclosure lawyers create artificial fees?

Went unnoticed until Fannie Mae pulls plug
Jacob Gaffney
The AG’s office said the two firms weren’t happy with flat fees they could charge to process foreclosure paper. So they allegedly came up with a plan to bilk more money out of the process.
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Grandbridge Real Estate Capital opens Rockies region office

Names John Stewart and Penny Newton as senior management
Ben Lane
"We are excited about John and Penny joining Grandbridge and opening our new Denver office. Their expertise is invaluable as we continue to expand our presence in the West," said Grandbridge chairman and CEO Thomas Dennard.
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Foreclosure fee investigation grows to 5 banks

Three more firms being investigated
Brena Swanson
As HousingWire readers were alerted last August, U.S. regulators are, in fact, expanding their investigation into different banks' charges connected with foreclosure actions.
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Renters are high on Colorado and Washington

Wonder why?
Ben Lane
Let’s be blunt here. Where there’s smoke, there’s probably fire.
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Home-loan payoffs in Colorado fall to 5-year low

Ben Lane
According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.
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Can Colorado keep dropping in foreclosure auction sales?

Filings fall to lowest level in a decade
Brena Swanson
Colorado witnessed a strong year, with the state’s new foreclosure auction sales falling to the lowest level in 10 years.
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Interactive Mortgage Advisors hires John Sayre to lead Dallas office

Brena Swanson
Interactive Mortgage Advisors hired mortgage industry veteran John Sayre to oversee its new Dallas office, expanding the company’s footprint in Texas.
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