Patterson, who is now working with residents to reclaim their homes, says that most of the Green Valley Ranchers he’s met who have been foreclosed upon recently are working-class homeowners of color, many of whom speak English as a second language.

This is not surprising. Denver is 45% "of color" [1], and the recent arrivals likely more so. It is those recent arrivals that would be over-represented among new home buyers that get snared into whatever this new HOA type that steals houses is.

[1] https://en.wikipedia.org/wiki/Denver#Demographics