Colo. Governor To List Foreclosure Prevention Plan

By: Associated Press
By: Associated Press
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Gov. Bill Ritter and Attorney General John Suthers plan to outline steps the state will take to protect homeowners facing foreclosure.

They scheduled a news conference for Monday to discuss the measures.

Ritter says Colorado has fared better than other states during the economic crisis but that the state is still feeling the effects of the nationwide foreclosure crisis.

Ritter says foreclosed and abandoned properties are often targets for vandalism and other crime.

Recent figures show completed foreclosures in Colorado dropped 13 percent last year, but that still meant 22,000 foreclosure sales.

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