Two bills aimed at protecting homeowners from losing their homes to foreclosure passed out of the Colorado Senate.
HB-1295 passed on March, which prohibits “dual tracking” and ensures that low-income families can easily and quickly access housing protections.
The Senate also passed HB-1312 which continues the state’s foreclosure deferment program that was scheduled to expire at the end of the year.
Both bills are now headed to Gov. John Hickenlooper’s desk.
For more specific info about what these two bills entail, click here.
Colorado is third in the nation for the largest year-over-year percentage decline in foreclosures, and we are grateful for efforts to bring down those percentages even further.
Alaris helps you avoid foreclosure.