CSBJ Daily

Senate Democrats played a game of musical chairs today, and when the music stopped, Colorado Springs found itself with representation on the Joint Budget Committee.
Democrats selected John Morse of Colorado Springs to fill a seat on the JBC.
The leadership shakeup follows the resignation of former Senate President Joan Fitzgerald, who resigned two days ago to […]

The Internal Revenue Service is looking for 115,478 taxpayers who are due refund checks worth about $110 million.
The checks were mailed but returned as undeliverable.
The refund checks, averaging about $950 each, can be claimed as soon as taxpayers update their addresses with the IRS. Some taxpayers have more than one check waiting.
“The IRS makes it […]

The level of outstanding commercial and multifamily mortgage debt grew by 3.4 percent during the second quarter of this year, according to the Mortgage Bankers Association’s Federal Reserve Board Flow of Funds data.
The 3.4 percent increase brings the total debt to about $3.1 trillion, an increase of $103.8 billion from the first quarter.
Multifamily mortgage debt […]

The age requirement to qualify for a reverse mortgage keeps getting younger.
Melville, N.Y.-based Lender Lead Solutions has introduced Simple60, a new reverse mortgage product available to homeowners aged 60 and older.
Reverse mortgages offered to date have required that borrowers be at least 62 years old. And couples applying for a reverse mortgage must both meet […]

The El Paso County Environmental Services Department has acquired nearly 114 acres of land to be used for open space, trails and parks.
The land is adjacent to Latigo Trails Subdivision northeast of the intersection of Woodmen and Meridian roads.
El Paso County’s land development code requires developers to dedicate land or fees for regional parks, trails […]