A former Denver appraiser is only partially at fault for the losses faced by several Latino victims of a housing scheme in west Greeley that has already resulted in two criminal convictions. A Weld District Court jury of four women and two men on Friday decided after 12 hours of deliberations that all involved in the fraudulent housing scheme at Gateway Lakes Subdivision in west Greeley from 2004-07 shared some of the responsibility for the homeowners’ losses. In all, homeowners claimed that Clinton Scott inflated appraisals on their homes in the Gateway subdivision, developed and marketed by Mark Strodtman and his company, JS Real Estate. Most of the homes went into foreclosure, as the Spanish-speaking residents signed contracts with varying degrees of false information attached to their home loans. They claimed that Strodtman’s interpreters also did not tell them the details of the English-only contracts. The jury determined that Scott was only 7 percent responsible fo Copyright 2010 The Greeley Publishing Co.. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Greeley Publishing Co. Jury finds appraiser, homeowners at fault October, 30 2010 2:08 am MST

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