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Denver Clerk & Recorder Paul D. López on foreclosure moratorium and mortgage forbearances extension

Clerk and Recorder Paul D. López is the only elected Clerk in Colorado who also serves as the Public Trustee administering the foreclosure process in the City & County of Denver. Although the office can’t provide legal advice, administer debt mitigation or appeals, it can connect residents with information resources and provide information on how someone can cure if they are in default on their mortgage.

Shared by our partners with the Denver Clerk & Recorder. For details specific to this article, please contact Grace Ramirez at Grace.Ramirez@denvergov.org.

DENVER – Clerk and Recorder Paul D. López is the only elected Clerk in Colorado who also serves as the Public Trustee administering the foreclosure process in the City & County of Denver. Although foreclosures were down in 2020 due to the moratorium and forbearance programs, the Office of Clerk and Recorder is preparing in case of another sustained economic downturn due to the pandemic.

Clerk López stated, “I am pleased to see that the moratorium on foreclosures and mortgage forbearance for federally backed loans has been extended through June. My office has been making sure Denver homeowners have the information they need whenever the moratoria do expire by working with partners to host a series of virtual townhalls providing an explanation of the complicated foreclosure process and direct resources that can help.”

“Although the office can’t provide legal advice, administer debt mitigation or appeals, we can connect residents with information resources and provide information on how someone can cure if they are in default on their mortgage. The series of virtual town halls and other engagement events will continue through 2021 and will include some focused on the Spanish and Vietnamese-speaking community.”

For more on the foreclosure process and our series of townhalls visit our Public Trustee page.