DENVER — Colorado Attorney General John Suthers announced today that his office has taken action against 10 loan-modification firms doing business in Colorado as part of his office’s efforts to crack down on loan-modification companies preying on Coloradans in foreclosure. These 10 companies, nine of which are located outside Colorado, either failed to deliver results to Colorado consumers or engaged in deceptive advertising. The actions taken against the companies will require them to either comply with Colorado law or not do business in the state.
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DENVER — Colorado Attorney General John Suthers announced today that his office’s Consumer Protection Unit has filed a complaint against Alternative Lending of Colorado, a Colorado Springs-based company, and its managing general partner, James W. Dale III (DOB: 4/4/1945), and top loan originator, April A. Bigler (DOB: 10/15/1980), both of Pueblo West.
DENVER — Colorado Attorney General John Suthers announced today that an El Paso County District Court has ordered a Colorado Springs business, the Immigration Center, from engaging in deceptive trade practices, including posing as or claiming an affiliation with the federal government.
DENVER — Colorado Attorney General John Suthers announced today that his office, in conjunction with the Florida Attorney General’s office, has reached an agreement to prevent an Englewood-based brokerage firm, Assurity Financial Services, LLC, from engaging in deceptive trade practices. The agreement is the latest in a series of actions the Office of the Attorney General has taken to combat deceptive mortgage advertising.
DENVER — Colorado Attorney General John Suthers announced today that Lone Tree-based DISH Network has agreed to pay $5.99 million to 46 states to settle allegations the satellite television provider and its third-party retailers engaged in unfair and deceptive sales practices. Colorado will receive $125,000 from the multistate settlement.
Also as part of the settlement, DISH Network has agreed to pay restitution to customers and has agreed to limit how it will market its services. Though DISH Network agreed to participate in the settlement, it has denied any wrongdoing.
DENVER — Colorado Attorney General John Suthers announced today the state has reached agreements with seven loan-modification firms that either failed to deliver results to Colorado consumers or engaged in deceptive advertising. The agreements will force these firms to either comply with Colorado law or not do business in the state.
DENVER - Colorado Attorney General John Suthers announced today the settlement of another lawsuit against a mortgage broker for deceptive advertising and sales practices. Earlier this year, the Attorney General filed a complaint in Denver District Court against Green River Mortgage LLC and its president, Dimitry Yakubovich, for violating the Colorado Consumer Protection Act. Yakubovich has since moved to Florida and no longer operates Green River. The settlement bars him from brokering loans in Colorado. The settlement also obligates him to pay $7,887 in restitution.
DENVER — Attorney General John Suthers jointed state and federal officials today to urge borrowers at risk of losing their homes to use Colorado’s free Foreclosure Hotline, 1-877-601-HOPE (4673).
“Borrowers facing default or foreclosure should act now to save their homes,” Suthers said. “Free help is only a phone call away.”
The Foreclosure Hotline is staffed with HUD approved nonprofit housing counselors who can talk with them about their mortgage. Homeowners contacting the Fore-closure Hotline stand a good chance of saving their home with little or no cost.
DENVER – Colorado Attorney General John Suthers today announced that Colorado has entered into a settlement with Countrywide Financial Corporation, and several of its affiliated entities, over the marketing of subprime and other high-risk mortgage products in Colorado. As part of the agreement, Countrywide will make nearly $6 million available to eligible Colorado borrowers and to the State, including $500,000 for the Colorado Department of Local Affairs Division of Housing to support the continued operation and expansion of the Colorado Foreclosure Hotline.
DENVER – Colorado Attorney General John Suthers today announced three settlements as part of his office’s ongoing effort to crack down on deceptive mortgage advertising and bring foreclosure consultants into compliance with the law. Today’s announcement comes on the heels of a similar set of cases announced on November 18 of last year.
Foreclosure Protection Enforcement
Ralph L. Carr Colorado Judicial Center
1300 Broadway, 10th Floor
Denver, CO 80203