The Colorado Attorney General office requested documents today filed by seven law firms in four Colorado counties, including El Paso County, that have been representing banks in foreclosure proceedings. “I have no idea what they’re looking for,” El Paso County Public Trustee Thomas Mowle said. The firms included the Vaden; Dale & Decker; Castle, Stawiarski; Hopp; [...] [...]
In one of the highest-dollar foreclosure sales, the Powers Office Park at 9438 Grand Cordera Parkway sold back to the lender at the El Paso County Public Trustee’s foreclosure auction Wednesday. The office complex near the intersection of Powers Boulevard and Briargate Parkway sold back to the lender, Real Bank USA, for $14.9 million, which [...] [...]
It’s Wednesday morning and the El Paso County Public trustee’s office is jam-packed with would-be investors looking for a deal at the weekly foreclosure auction. [...]
Colorado will use the $51.17 million it received under the recent multi-state settlement with the country’s five largest banks to pay for homeowner relief and foreclosure-prevention efforts throughout the state. “These funds will help keep Coloradans in their homes and prevent future foreclosures,” Attorney General John Suthers said in a statement. “In cooperation with the [...] [...]
Judge Doug Anderson, president of the Pikes Peak Pro Bono Project, said he’s been getting calls for the last few years from people in various stages of foreclosure who need help, but he hasn’t been able to find qualified attorneys to take the cases. The reason is that most general practice attorneys in this area don’t have [...] [...]
by Amanda Miller Published: February 17,2012
Tags: Colorado Springs, developer, Foreclosure, hotel, LandCo, Mining Exchange, Perry Sanders, Ray Marshall, rescue, Ridge at Broadmoor View
The man behind the Mining Exchange, a downtown Wyndham Grand Hotel due to open this spring, stands to lose more than $200,000 he invested in a LandCo development-related project on South Union Boulevard unless he rescues it from foreclosure. First Citizens Bank and Trust filed a notice of election and demand against The Ridge at [...] [...]
Stressed borrowers ought to be given the opportunity to pursue loan modification remedies before the lender forecloses on their home. That is the heart of Colorado Senate Bill 71, proposed by Sen. Angela Giron, D-Pueblo. Under her legislation, lenders would need to work with a borrower “to effectuate a cure for default rather than move [...] [...]
Following are the most expensive foreclosures greater than $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Jan. 11. [...]
Third quarter foreclosure filings and sales at auction were down statewide and in El Paso County. [...]
Colorado Springs has seen a less active year for real estate, but it was back in 2000, according to the latest figures from Public Trustee Tom Mowle. Mowle reported that there were just 2,454 deeds released in October. Deeds are released when someone sells a home, refinances or pays off a mortgage, which Mowle has [...] [...]
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