Tens of thousands of Coloradans whose homes were foreclosed on since 2009 will share in a class-action lawsuit settlement with a law form that handled their cases.
Mortgage-finance giant Fannie Mae has cut ties with Colorado’s two largest foreclosure law firms.
New Federal Housing Administration guidelines are reducing the amount of time homeowners need to sit on the sidelines after losing their homes.
A federal judge on Tuesday stopped the foreclosure auction of the house of a woman who is challenging the constitutionality of Colorado’s foreclosure law. But it’s unclear if the judge will rule on the law itself.
Earlier this month 4 On Your Side Money Saver Suzanne McCarroll reported on a couple facing a foreclosure that was scheduled for Tuesday. The couple has taken one step forward, and one step back in their ongoing fight.
4 On Your Side Money Saver Suzanne McCarroll heard from a couple that has been battling Bank of America since 2009. With their home scheduled for foreclosure, McCarroll stepped in to try and help.
New foreclosure auction sales were down 26 percent in Colorado during the first half of 2012 compared to the first half of 2011.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
The number of foreclosure filings and auction sales in Colorado’s 12 largest counties has dropped over the past four months.
A family that had been living inside a million dollar home with lavish furnishings has been evicted by the Douglas County Sheriff’s department following a court order.