Tag Archives: Mortgage Lenders

New rule will require mortgage lenders to verify borrowers’ ability to repay

Posted on January 10, 2013 by Loren Bimler

A long-awaited rule that will require mortgage lenders to ensure that borrowers have the ability to repay their loans is getting  mixed reviews from industry and consumer groups. Aimed at protecting borrowers from risky and deceptive lending practices that contributed … Continue reading →

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Denver Home Sales at Up 29% in October, Inventories Low

Posted on November 23, 2012 by Loren Bimler

Metro Denver home sales were up 29 percent in October from the same month in 2011, the Metrolist multiple listing service for the area reported Thursday. October’s total of 4,095 sold homes also was up 4 percent from September levels. … Continue reading →

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Wife of man accused in real estate scam is indicted as well

Posted on November 3, 2012 by Loren Bimler

The wife of a man already indicted by a Denver grand jury for violating Colorado’s racketeering law now faces similar charges for her role in a scheme where the couple falsely bought and sold homes that didn’t belong to them. … Continue reading →

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Denver Home Sales in September Reached Highest Levels Since 2008

Posted on October 22, 2012 by Loren Bimler

The latest data from Metrolist(R), the largest real estate multiple listing service (MLS) serving Colorado real estate agents, show a continued strong real estate market in the Denver metro area. According to the Metrolist report, a total of 3,949 homes … Continue reading →

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Denver Home Prices Up for Fifth Month in a Row

Posted on August 11, 2012 by Loren Bimler

For the fifth month in a row, metro Denver’s home sale prices saw a year-over-year increase, according to a CoreLogic home price index (HPI) report released Tuesday. The Denver-Aurora-Broomfield area HPI grew 7.2 percent in June over June 2011′s HPI. … Continue reading →

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Denver Grand Jury charges that scammers sold homes they didn’t own

Posted on August 3, 2012 by Loren Bimler

The Denver Grand Jury has indicted two men in connection with a series of real-estate scams targeting homeowners facing foreclosure and Spanish-speaking would-be homebuyers. Alfonso Carrillo, 50, and his associate Rudy Breda, 53, are charged with violating the Colorado Organized … Continue reading →

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President of Denver Builder- Indictment of mortgage fraud and more

Posted on May 26, 2012 by Loren Bimler

 The disbursements to buyers were usually in amounts between $85,000 and $130,000. The president of Golden Design Group Inc. (GDG), which built and sold houses in the Denver metropolitan area, according to the information contained in the Indictment. Capra was … Continue reading →

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Real estate figure indicted in mortgage-fraud case

Posted on May 25, 2012 by Loren Bimler

. Dennis Huspeni Reporter- Denver Business Journal Email  | Facebook  | Twitter  | Real Deals blog The president of a Littleton custom homebuilding company has been indicted by a federal grand jury on charges of wire fraud, mail fraud and money laundering, the … Continue reading →

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Littleton Man Indicted For Mail Fraud, Money Laundering

Posted on May 24, 2012 by Loren Bimler

DENVER (CBS4)- A Littleton man has been indicted by a federal grand jury in Denver on wire fraud, mail fraud and money laundering. Peter Vincent Capra was indicted on Wednesday. Capra, 55, is scheduled to appear in U.S. District Court … Continue reading →

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Greater Denver Real Estate Inventory, Sales Dropping

Posted on December 9, 2011 by Loren Bimler

The number of metro-area homes sold or placed under contract dropped as expected in November from October, according to a housing report Friday. Not as expected was the big drop in homes and condos available for sale to 14,275 units. … Continue reading →

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