Blog

By: Michael de Yoanna

Category: Panorama, Politics

Posted: March 4, 2010 11:33 AM

Tags: PEOPLE, Winter Park, bar, INTERSTATE KITCHEN

Did State Senator Ted Harvey Break the Law?

State Senator Ted Harvey, who works as a mortgage broker for Greenwood Village-based American Home Funding, is under investigation for allegedly misleading consumers with advertising fliers that look like official tax documents. The Associated Press quotes Colorado Division of Real Estate Director Erin Toll as saying her staff believes the Republican's actions violate the law. Fliers feature the Statue of Liberty and Federal Housing Administration notice codes with the words "Urgency: HIGH" and "a call to action is required." Although they look official, the small print clarifies that they're not government documents. Harvey defends the advertising as within legal bounds and provides another possible motive for the investigation: He recently clashed with Toll's division after proposing legislation that would relinquish Toll's authority to investigate mortgage brokers and set up a board similar to boards in the same division that hear complaints against real estate agents and appraisers. That detail could play against Harvey, however, as ColoradoPols, for instance, calls it the investigation's "kicker."

Comments

DORA: "For Immediate Release - March 5, 2010 Contact: Chris Lines, Public Information Officer, 303-894-7873 There have been recent press accounts regarding an investigation conducted by the Colorado Division of Real Estate involving American Home Funding. It has been reported that Senator Ted Harvey, who works with the company, is the subject of that investigation. While we will not further comment on ongoing investigations, we believe it is appropriate that we clarify that Sen. Harvey is not the subject of any investigation by the Division."

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