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In coming weeks, thousands of Colorado mortgage brokers must be fingerprinted, undergo criminal background checks and register for a new state-run database. The Mortgage Broker Registration Program, created by a new state law this year, is designed to protect consumers by banning convicted criminals from the mortgage-brokerage industry. Previously, there was no such prohibition. Starting Jan. 1, the program will also give aggrieved consumers a forum where they can can complain about mortgage bro...
Sam Anthony | Denver Luxury Realtor & Mortgage Broker | 3rd Generation real estate pro with Corken + Company Real Estate Group. Specializing in luxury residential & commercial properties...
Mortgage brokers feeling pinch too
The sudden disappearance from duty of the woman charged with enforcing Colorado’s real estate regulations marks the latest development in long-standing tensions between her office and a mortgage-broker-turned-state senator. Employees of the Division of Real Estate learned Tuesday afternoon that executive director Erin Toll was on leave but received no other details. Toll and her division have been warring with Sen. Ted Harvey, R-Highlands Ranch, for weeks in a series of increasingly heated con...
5 Reasons Why You Should Be Using A Mortgage Broker ; Denver real estate agent photoshoot examples - Loan Hau ; Business Branding - Katrina Lagos - Vision Finance | Paula Brennan
David Craig knows how draining it can be to make payments on a home that is worth less than the mortgage debt on it. ; The Brighton-area resident and his wife have struggled the past two years to carry not one, but two, homes valued at less than what’s owed on them, a situation known as being “underwater.” ; “You hear about how bad the economy is,” said Craig, a truck driver. “Until my housing situation stabilizes, there is no way I’m going to spend a lot of money on the house.” ; Nearly a third of homeowners who have purchased a home in the metro Denver area in the past five years owe more on them than what they would sell for, estimates the real estate website Zillow.com. And because that number doesn’t include home equity lines of credit, it probably underestimates the severity of the problem.