Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes

  The New York Times recently reported on real estate companies that hide behind shell companies to commit fraud against owners of their homes. The article reveals how various homeowners were told unsatisfied promises that resulted in the homeowners losing their homes. In one case, the real estate company promised to refinance two Brooklyn homeowners’…

Hancock proposes Denver construction-defect reform

Denver Mayor Michael Hancock proposed his Bill (BR15-0811) to the Denver City Council. According to the memorandum accompanying the Bill, condominium construction in the Denver metropolitan area comprises less than 4% of all new owner-occupied housing. While high-rise apartment construction in Denver is booming, very little high-rise condominium construction is occurring. Mayor Hancock believes that…