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Desperate homeowners find mortgage relief elusive

Angela Austin, right, was expecting a mortgage modification, but the loan servicer instead pushed ahead with a foreclosure sale of the Westminster home she shares with her mother, Beverley, center, and her son, Matt, left. She remembers the day clearly ...

From ALDO SVALDI, Denver Post,  21 Nov 2009

Related Topics: J.P. Morgan Chase & Co.,  Tom Kelly,  Barack Obama,  United States Department of the Treasury,  Congressional Oversight Panel

Colorado not expanding its competitiveness, economic report warns

Colorado's ability to increase incomes and create jobs for its citizens is lagging behind surrounding states it must compete with, a report released Tuesday by the Metro Denver Economic Development Corp. warns. "Our findings show that Colorado is not ...

From ALDO SVALDI, Denver Post,  18 Nov 2009

Related Topics: Chuck Berry

Elway was paid to speak by firm now probed by SEC

John Elway did not promote specific investments or endorse the company, his business manager and agent said. (Hyoung Chang, The Denver Post) A Centennial firm that federal authorities accuse of helping raise $30 million in a Ponzi-like scheme hired ...

From ALDO SVALDI, Denver Post,  18 Nov 2009

Related Topics: Denver Broncos,  John Elway,  Securities and Exchange Commission,  Hillary Rodham Clinton,  Bill Clinton

SEC targets alleged Ponzi scheme involving Colorado investors

The U.S. Securities and Exchange Commission moved Monday to freeze the assets of what it called a Ponzilike scheme centered in Colorado and Pennsylvania. Speed of Wealth LLC, a Centennial company, and principals Wayde and Donna Mc Kelvy allegedly ...

From ALDO SVALDI THE DENVER POST, Vail Daily,  17 Nov 2009

Related Topics: Securities and Exchange Commission

Report: Colorado not expanding economic competitiveness

Colorado is falling behind surrounding states when it comes to winning new jobs and increasing incomes, a report from the Metro Denver Economic Development Corp. released on Tuesday warns. "Our findings show that Colorado is not expanding its ...

From ALDO SVALDI THE DENVER POST, Vail Daily,  17 Nov 2009

Denver banking veterans see opportunity in failed institutions

Community Bank Partners of Denver is preparing to fill the void that it expects a massive wave of bank failures will generate in coming months and years. The firm, founded by banking veterans who cut their teeth turning around failed institutions two ...

From ALDO SVALDI, Denver Post,  17 Nov 2009

Related Topics: Scott Jackson

Stifel, Nicolaus expected to keep securities license

Investment firm Stifel, Nicolaus & Co. probably will not lose its state securities license over complaints it sold auction-rate securities that later went bad, according to the acting director of the Colorado Department of Regulatory Agencies. The ...

From ALDO SVALDI, Denver Post,  16 Nov 2009

Related Topics: Steve Bell

Brighton homeowner in fight to stop foreclosure

Traci Willms and daughter Nicole, 18, stand outside their Brighton home. Traci Willms applied for a modified mortgage under a Treasury Department program, but the servicer of her loan transferred it to another firm. A foreclosure notice followed. (Judy ...

From ALDO SVALDI, Denver Post,  12 Nov 2009

Related Topics: United States Department of the Treasury

Smart Choice College Savings Plan gains FDIC protection

Colorado now has a 529 college savings plan backed with federal deposit insurance protection. CollegeInvest, the college financing arm of the Colorado Department of Higher Education, and FirstBank Holding Co., the largest bank based in the state, are ...

From ALDO SVALDI, Denver Post,  11 Nov 2009

Related Topics: FDIC,  Legg Mason, Inc.,  Gallup

Financial fix nearing vote

U.S. Rep. Ed Perl mutter, D-Colo., pictured at a 9News/Denver Post health-care forum held last month, is a member of the House Financial Services Committee. ( Andy Cross, The Denver Post ) After dozens of hearings and untold hours of discussion and ...

From ALDO SVALDI, Denver Post,  11 Nov 2009

Related Topics: House Financial Services Committee,  Ed Perlmutter

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