Foreclosures are devastating the housing market in Colorado. Standing alone, the foreclosure crisis is troubling enough. Making matters worse is the alarming number of home repossessions performed on the basis of fraud or dubious paperwork.
Fixing the Foundation discusses steps lawmakers can take to put Colorado’s housing market back on a strong foundation, changes that include requiring lenders to prove their chain-of-title interest in the property and ensure accuracy of paperwork before they evict families from their homes.