Senate Democrats played a game of musical chairs today, and when the music stopped, Colorado Springs found itself with representation on the Joint Budget Committee. Democrats selected John Morse of Colorado Springs to fill a seat on the JBC. The leadership shakeup follows the resignation of former Senate President Joan Fitzgerald, who resigned two days [...]
Continue reading …The Internal Revenue Service is looking for 115,478 taxpayers who are due refund checks worth about $110 million. The checks were mailed but returned as undeliverable. The refund checks, averaging about $950 each, can be claimed as soon as taxpayers update their addresses with the IRS. Some taxpayers have more than one check waiting. “The [...]
Continue reading …The level of outstanding commercial and multifamily mortgage debt grew by 3.4 percent during the second quarter of this year, according to the Mortgage Bankers Association’s Federal Reserve Board Flow of Funds data. The 3.4 percent increase brings the total debt to about $3.1 trillion, an increase of $103.8 billion from the first quarter. Multifamily [...]
Continue reading …The age requirement to qualify for a reverse mortgage keeps getting younger. Melville, N.Y.-based Lender Lead Solutions has introduced Simple60, a new reverse mortgage product available to homeowners aged 60 and older. Reverse mortgages offered to date have required that borrowers be at least 62 years old. And couples applying for a reverse mortgage must [...]
Continue reading …The El Paso County Environmental Services Department has acquired nearly 114 acres of land to be used for open space, trails and parks. The land is adjacent to Latigo Trails Subdivision northeast of the intersection of Woodmen and Meridian roads. El Paso County’s land development code requires developers to dedicate land or fees for regional [...]
Continue reading …Mortgage application volume increased 5.5 percent last week, according to the Mortgage Bankers Association’s weekly application survey. The MBA’s mortgage application index rose to 707.3, from 670.6 the previous week. The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers about 50 percent of all residential retail [...]
Continue reading …The University of Colorado’s Presidential Search Committee wants to know what Colorado Springs residents think CU’s next president should be like. The committee will hold a meeting to solicit comment at 5:30 p.m. Nov. 20 at the Colorado Springs Chamber of Commerce office, 2 N. Cascade Ave., suite 110. CU Regent Steve Bosley, who chairs [...]
Continue reading …A national report released this week gives Colorado high marks its implementation of environmental standards. The report from America’s Clean Energy assigned gold, silver and bronze stars to each of the 50 states based on five energy related policy areas: having a renewable energy standard, adopting the clean cars program, establishing energy efficiency programs and [...]
Continue reading …Denver-based restaurant chain Chipotle Mexican Grill said this week that it will drop items from its menu containing the growth hormone rBGH by year’s end. The hormone is used to stimulate milk production in dairy cattle. Chipotle began serving sour cream free of the growth hormone last year. Over the past few months, the company [...]
Continue reading …More Colorado teens talk on cell phones and send text message while driving than teens from other states. About 66 percent of Colorado teens admitted to talking on the phone while driving compared to a national average of 51 percent, according to results of a AAA Colorado study released today. Nearly 51 percent of the [...]
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