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Home construction up 53%

“There is a really big concern that these international guidelines aimed to curb abuses by big, international banks will end up really inhibiting the ability of community banks to make loans,” Jeff [...]

Colorado gets $205 million in bank settlement

“This settlement will not solve every problem with the housing market, but it goes a long way to helping homeowners in distress now and leveling the playing field for consumers,” John [...]

Two Colorado banks closed today

$284 million loss estimated at Colorado Capital Bank in Castle Rock, one of two Colorado banks closed [...]

HUD Secretary: Improper foreclosures

“No one should lose their home as a result of a bank mistake. No one.” Shaun Donovan [...]

Mortgage Banking Industry Threatened

“This is an ironic result in a bill that is trying to mitigate systemic risk and too-big-to-fail [...]

Colorado building permits fall 51%

Apartment construction in the Denver area has come to a “screeching halt,” says Jeff [...]

Banks not lending to home builders

Colorado banks,  hammered by $1.4 billion troubled assets on their books – primarily in real estate loans – are not lending to local home builders, according to a report being released today by the Genesis Group, which tracks housing along the Front Range.

In the report, Mike Rinner of the Genesis Group, noted that [...]

Foreclosures down, not out

It may be the bottom of the Denver-area housing market, but it is too early to say that the foreclosure crisis is over.

There were 10,726 foreclosure filings in the metro Denver area in the first half of the year, a 10.5 percent decline from the 11,992  the first six months of 2008.

“That is still a [...]