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• New foreclosure filings fall 28 percent

  August 11, 2011 11:36 AM

  DENVER (AP) - New foreclosure filings in Colorado have fallen 28 percent for the first half of this year. A report released Thursday by the Colorado Division of Housing says foreclosures are down to about 15,300, compared with 21,400 for the same period last year. According to the Denver Post,... more »

• Foreclosures drop in El Paso County

  August 1, 2011 4:18 PM

  El Paso County Public Trustee Thomas Mowle says foreclosure numbers continue to decrease locally, based on July numbers. El Paso County had 238 foreclosures started in July, which is considerably less than the 353 in July of 2010. Mowle is projecting just over 3,300 foreclosures for 2011; that... more »

• Housing market puts $50K more in buyers' pockets

  July 25, 2011 8:05 PM

  It's a great time to buy a house in the Colorado Springs area, but not such a great time to sell one. Economist Fred Crowley says low prices and low interest rates are creating a unique buying environment. "Prices for existing homes have dropped quite a bit, in some... more »

• Bracing for another tough year for foreclosures in El Paso County

  January 14, 2011 12:40 AM

  In El Paso County experts are saying they aren't expecting to break any foreclosure records in 2011, but they are bracing for another bad year. "They've held on as long as they could, some people, and they just can't anymore," says Carey Goldberg, a realtor and volunteer for the... more »

• Home prices dip again

  December 28, 2010 9:16 AM

  NEW YORK (AP) - Home prices are dropping in the nation's largest cities and are expected to fall through next year, with the worst declines coming in areas with high numbers of foreclosures. The Standard & Poor's/Case-Shiller 20-city home price index fell 1.3 percent in October from September. All... more »

• Foreclosure help heading to El Paso County

  December 27, 2010 7:18 PM

  Recent history in the housing market has shown the importance of buyers entering into good loans. The government just gave out nearly $73 million to work on seeing more of them in the future; and part of the money is coming to Colorado Springs. Employees at the non-profit Partners... more »

• Bank of America starts thaw in foreclosure freeze

  October 19, 2010 8:30 AM

  The pace of U.S. home foreclosures may not be slowing down much after all. Bank of America says it plans to resume seizing more than 100,000 homes in 23 states that require judicial authorization to restart the foreclosure process. It says it has a legal right to foreclose... more »

• Foreclosure freeze could undermine housing market

  October 11, 2010 10:31 AM

  Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place. Today, Case's mood is far more subdued. In... more »

• Jump in US homes lost to foreclosure

  September 16, 2010 8:23 AM

  New foreclosure data shows lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis three years ago. Foreclosure listing service RealtyTrac Inc. says 95,364 homes were repossessed by lenders last month. That's an increase of 25 percent from the same... more »

• Foreclosure filings finally easing in Colorado

  August 5, 2010 1:19 PM

  Colorado housing officials say the number of new foreclosure filings in the state has reached its lowest point in more than a year. The Colorado Department of Local Affairs' Division of Housing said Thursday that there were 10,233 new filings in the second quarter. That's down nearly 16 percent... more »

• Foreclosures down slightly from last year

  May 13, 2010 8:24 AM

  A foreclosure listing firm says the foreclosure crisis is finally showing signs of easing, but it isn't all good news. RealtyTrac says the number of households facing foreclosure last month fell 2 percent from a year ago. That's the first annual decline in five years. But while the delinquency... more »

• SEC puts new curbs on short-selling

  February 24, 2010 11:59 AM

  Federal regulators have imposed new curbs on the practice of short-selling, hoping to prevent spiraling selling sprees in a stock that can stoke market turmoil. A divided Securities and Exchange Commission voted 3-2 Wednesday to adopt new rules. The rules put in a so-called circuit breaker for stock prices,... more »

• Fewer people falling behind on home loans

  February 19, 2010 1:27 PM

  A mortgage analyst says there's still a big problem with borrowers falling behind on their mortgage payments. But Jay Brinkmann of the Mortgage Bankers Association says, "The good news is it looks like it may not get much bigger." The group says the number dropped sharply at the end... more »

• Surge in foreclosures feared

  February 11, 2010 10:47 AM

  The number of U.S. households facing foreclosure in January dropped compared to December but increased 15 percent from the same month last year. Experts say a surge in cash-strapped homeowners who've fallen behind on mortgages could be on the way. RealtyTrac Inc. says more than 315,000 households received... more »

• Fort Carson layoffs could affect foreclosure numbers

  January 17, 2010 7:54 PM

  Major cuts are coming to Fort Carson, and they could cause problems throughout Southern Colorado's struggling housing market. El Paso County's largest employer is looking at some big cuts, about 20 million dollars of a 100 million dollar operations budget at Fort Carson. Many of those cuts to come... more »

• Bailout watchdog: Crisis response worked but problems remain

  December 9, 2009 8:14 AM

  The panel overseeing the financial bailout is offering a mixed assessment of the Troubled Asset Relief Program. The watchdog panel says the $700 billion helped prevent an all-out panic last fall. It says confidence in the nation's financial system has improved, "access to credit is increasing, and the economy is... more »

• Foreclosures again rising in El Paso County

  December 1, 2009 2:15 PM

  Foreclosure filings in El Paso County had slowed-down in September and October, but the downward trend reversed in November. The county is again seeing 24 new filings each day. El Paso County has already broken a record for the number of foreclosures in a year, for the third straight... more »

• Foreclosures high in parts of Pueblo

  November 23, 2009 8:22 PM

  Foreclosures seems to be happening more in certain parts of Pueblo. The four areas hit hardest are Minnequa, the East Side, Eagleridge and Northern Pueblo West. Over the past couple of years, 40% of the homes in these neighborhoods have gone into foreclosure. Many people in those areas fell into... more »

• Colorado foreclosures hit record in third quarter

  November 19, 2009 2:14 PM

  In spite of federal and state programs aimed at preventing foreclosures, and in spite declarations from the federal government that the recession is over--Colorado had a record number of new foreclosures in the third quarter, when new filings hit 12,468. The quarter ending Sept. 30 was the fourth consecutive quarter... more »

• Mortgage delinquencies hit record-high in 3rd quarter

  November 19, 2009 10:13 AM

  An industry group says more than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter. The Mortgage Bankers Association's quarterly report adds to fears that the housing market's recovery could... more »

• Foreclosures rise 5 percent from summer to fall

  October 15, 2009 8:34 AM

  A flood of defaults among people who lost their jobs helped push the number of households caught up in the foreclosure crisis by more than 5 percent from summer to fall. The defaults overwhelmed a federal effort to assist struggling borrowers. The unemployment rate - now at a 26-year high... more »

• Colorado in top 10 for foreclosures

  September 10, 2009 8:42 AM

  The number of U.S. households threatened with losing their homes held steady at 358,000 last month. RealtyTrac Inc. reported Thursday that one in 357 U.S. homes received a filing. That number is up 18 percent from a year ago, and includes default notices, scheduled auctions and bank repossessions. Nevada had... more »