Toll on leave from real estate division
DENVER - Erin Toll is on leave from her post as director of the Colorado Division of Real Estate.
Denver's InsideRealEstateNews.com, written by former Rocky Mountain News Editor John Rebchook, first reported the news on Tuesday. Chris Lines, the public information officer for the Department of Regulatory Agencies, said he was unable to comment on issues relating to personnel when contacted by the Business Report for comment.
Toll was slated to give the keynote address at a March 25 event hosted by the Colorado State University Everitt Real Estate Center. Center Director Steve Laposa confirmed that he was informed of Toll's leave early Wednesday. Zachary Urban, director of communications for the Division of Real Estate, will present at the event in Toll's place.
Toll, executive director since her appointment by Gov. Bill Owens 2006, heralded sweeping regulatory changes for the state's mortgage brokers, appraisers and real estate brokers. The division has aggressively pursued investigations into alleged fraud and general misconduct.
Most recently, the division addressed media accounts of an investigation into American Home Funding. Reports stated that state Sen. Ted Harvey - who works for the company - was the subject of the investigation, an allegation that the Division of Real Estate denied in a March 5 media release.
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