Colorado passed a bill amending certain foreclosure provisions with respect to deeds of trust. The bill: modified the procedure for restarting a foreclosure when the property is subject to a federal bankruptcy case or in the event the foreclosure sale has been enjoined or set aside by a court; specified the interest (and other amounts) that may be charged by the holder of a certificate of purchase when a property is redeemed; eliminated the authority of the lender’s attorney to specify the newspaper used to publish foreclosure notices; and removed the requirement that the published combined notice contain a statement notifying borrowers of the ability to file a complaint if the borrower believes the lender or servicer has violated certain requirements.
See Colorado General Assembly website for the full text of the Statutes:
http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_1254_signed.pdf
