Content Tagged As real_estate

4 years 7 months ago

Governor to slash state budget today

It just keeps getting worse. Gov. Bill Ritter will announce another round of budget cuts on Monday as the state's fiscal emergency continues. The governor has the power to cut up to $75 million from this year's $18.2 billion budget because the state failed to meet a 2...

4 years 9 months ago

Real estate division head steps down

The head of Colorado's real estate division is stepping down after clashing with a state lawmaker and her own boss. Erin Toll was suspended in March after she sparred with state Sen. Ted Harvey over a bill that would strip her of the power to oversee mortgage brokers. Toll...

4 years 10 months ago

Sales of previously owned homes up 7.6 percent

Home sales surpassed expectations for April as government incentives provided a temporary boost to the housing market. The National Association of Realtors says sales of previously owned homes rose 7.6 percent to a seasonally adjusted annual rate of 5.77 million. That was the best showing in five months and...

5 years 1 week ago

Real Estate Director on leave

The Colorado Division of Real Estate director is on leave from her job. Erin Toll declined to comment on the nature of her absence. Spokesmen for the division and Gov. Bill Ritter declined to comment because it is a personnel matter. Earlier this month, her office disclosed that American...

5 years 3 weeks ago

Colorado senator investigated for mortgage fraud

The Colorado Division of Real Estate is investigating allegations that a state senator and the mortgage company where he works engaged in false advertising. Division Director Erin Toll says state investigators believe Republican Sen. Ted Harvey and the company where he works as a mortgage broker, American Home Funding,...

5 years 2 months ago

Florida ex-attorney pleads guilty in Ponzi scheme

A disbarred South Florida attorney has pleaded guilty to federal charges that he ran a $1.2 billion Ponzi scheme using phony legal settlements. Scott Rothstein pleaded guilty Wednesday in Fort Lauderdale federal court to five charges, including racketeering, fraud and money-laundering conspiracy. The 47-year-old faces a maximum of 100...

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