Flash Flood Watch issued July 20 at 4:05AM MDT expiring July 21 at 12:00AM MDT in effect for: Delta, Dolores, Eagle, Garfield, Gunnison, La Plata, Mesa, Montezuma, Montrose, Ouray, Pitkin, Rio Blanco, San Miguel
A simple refinance more than two years ago has a Parker family fighting for their home after the Russian mafia allegedly stole money during a wire transfer. Now the familys home faces foreclosure again, with a hearing scheduled for Jan. 25.7NEWS reporter Dayle Cedars first uncovered this story in 2010, 11 months after the family learned their first mortgage had not been paid.I just want to wake up tomorrow and know this is my house, said Kim Canning, of Parker. Canning and her husband Tim said every waking hour is pretty much spent trying to figure out a way to save their home from foreclosure. In September of 2009, the Cannings refinanced their home with Ryan Rodenbeck of Classic Title. At some point when the funds were being transferred online to Chase Bank, $900,000 disappeared. Rodenbeck said nine $100,000 transfers were stolen -- $277,000 of that was part of the Cannings refinancing. In 2010, Rodenbeck said he did nothing wrong and that the money was intercepted by the Russian mafia. Classic Title has since gone out of business. Tuesday, a representative from Chase Bank said they determined Rodenbeck transferred the money without using a secure site with encryption. The FBI is aware of this, they know what has happened, said Kim Canning. The FBI would not confirm or deny any investigation. Bank of America held the Cannings first mortgage. It was supposed to be paid off during the transfer. Since the money never made it to them, the Cannings basically have two mortgages on their home. Bank of America wants its money back so its foreclosing on their home.We should not be classified as a foreclosure in a fraud case, said Tim Canning. No one from Bank America or their attorneys will return phone calls. In an email statement, the bank said, Bank of America is in contact with the attorneys for the Cannings and hope to reach a resolution. Due to the litigation surrounding this case, we are unable to discuss this further." Yet, according to the Cannings attorney, no litigation has been filed against Bank of America.We have given them (Bank of America) documentation showing the money was stolen through a wire transfer through Chase and yet Bank of America treats us as though we are the bad guys. They have destroyed our credit, they put us into foreclosure and (given us) a lot of headaches, said Kim Canning. But trying to get the foreclosure to stop is only half of the problem according to the Cannings. Rodenbeck was working as an agent for Attorneys Title Guaranty, a title insurance company.They could make the whole thing go away today and they chose not to, said Kim Canning.She said Attorneys Title refuses to pay their claim.Cedars asked isnt that what insurance is for?Correct, said Tim Canning. And that is the question every attorney that has looked at this (case) and every person who has any experience in this industry has asked -- why is the title company not stepped up on this?I want them to tell me to my face, why they are doing this, because this is a choice, they are choosing to do this to us, said Kim Canning.No one from Attorneys Title would return phone calls from 7NEWS Tuesday.The Cannings went to the state Department of Regulatory Agency, known as DORA for help.We've been told that is what DORA is there for," said Kim Canning.She said DORA should be able to force them to pay the claim. In a statement to 7NEWS, DORA said, We continue to monitor the situation to ensure the title company is fulfilling its obligation.