Beware of Deceptive Website Posing as HUD
March 13, 2009
HUD has released the following regarding a deceptive website.
“There is a deceptive website posing as HUD. This website tries to dupe people into giving out personal information. The website is http://bailout.hud-gov.us/"
Gov. Ritter Recovery Update: Making the American Recovery and Reinvestment Act Work for Colorado
March 9, 2009
"Just a few weeks after President Obama signed the American Recovery and Reinvestment Act into law in Colorado, we are starting to put these funds to work for you.
We're working as quickly as possible to do what the people of Colorado want us to do: create jobs, strengthen our economy and rebuild our infrastructure.
We're making early progress with transportation and energy projects. Funds for health care, unemployment benefits and public safety are headed to Colorado. And we will be able to improve classroom education thanks to these funds.
Here are a few of this week's recovery developments:
My office is bringing an unprecedented level of oversight, accountability and transparency to this effort. I've established an accountability and oversight board, and you will be able to monitor projects and investments through www.colorado.gov/recovery, regular e-mail updates such as this one, and by visiting the federal http://www.recovery.gov/ website.
This is your money. You deserve to know how it's being spent and where it's going.
If you have questions, suggestions or concerns about recovery efforts, please contact me and my office by clicking here.
Forward this e-mail to friends, family and colleagues so they can sign up for recovery updates.
Sincerely,
Bill Ritter, Jr.
Governor"
Beware of Circulating Economic Stimulus Scams
March 6, 2009
There are reports of economic stimulus scams circulating through e-mail and malicious websites.
Some of the email scam messages request personal information, which can then be used for identity theft; other scam messages offer to deposit the stimulus funds directly into users' bank accounts. If users provide their banking information, the attackers may be able to withdraw funds from the users' accounts.
The website scams entice users by claiming that they can help them get money from the stimulus fund. These websites typically request payment for their services. If users provide their credit card information, the attackers running the malicious sites may make unauthorized charges to the card, or charge users more than the agreed upon terms.
CHFA Mortgages may be Eligible for $8000 Tax Credit
February 24, 2009
CHFA Customers who received a mortgage on or after January 1, 2009, may be eligible for up to $8000 in first time homebuyer tax credits made available under the American Recovery and Reinvestment Act (ARRA) passed last week. For more information, please talk to your tax advisor.
President Obama Unveils Homeowner Affordability and Stability Plan
February 18, 2009
Today, President Obama announced a plan to improve the housing market and help responsible homeowners restructure their mortgages to avoid foreclosure. CHFA was pleased to see the President’s strategy also includes providing Housing and Finance Authorities (HFAs), such as CHFA, with much needed liquidity. We look forward to learning more about the President’s strategy and working with the Administration to strengthen the nation’s housing. CHFA will continue to make information about the plan and what it means for our customers and Colorado available on our website as more information is released. In the meantime, visit http://www.financialstability.gov/ to see a summary prepared by the Obama Administration.
Read White House Fact Sheet
Also check out the Consumer Q&A from the Treasury.