Denver Mortgage News

Mortgage Cadence Advances Offering and Takes on 2012 Positioned for Continued Success
DENVER--(BUSINESS WIRE)--Mortgage Cadence, LLC saw tremendous growth in 2011, enabling an aggressive trajectory for 2012

RED Finances $72 Million FHA Insured Sub Rehab Loan For Aimco Apartment Community In San Francisco Area
Red Mortgage Capital processes and funds $72,240,000 non-recourse loan for a 308-unit multifamily property located in San Bruno, CA. The financing covers the rehab and permanent financing phases for the property owned by Denver-based REIT (real estate investment trust) Aimco and will help stimulate the economy with local jobs. ...

Who would benefit from a multibillion-dollar mortgage settlement?
A foreclosure sign tops a sale sign outside a home on Aug. 29, 2007, in northwest Denver. Federal and state officials and major mortgage servicers are moving closer to a settlement over alleged foreclosure and mortgage loan-servicing abuses.

Condos' lapsed FHA approval may slam door on future sales
A majority of condominium developments in metro Denver have lost their eligibility for Federal Housing Administration financing, which could make it much harder to sell units in those projects.

Better Business Practices Achieved by Discarding Homegrown Technologies
Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions , Default Servicing Technology and Document Services for the financial services industry, has been selected by Generation Mortgage Company to replace its homegrown lending system with Mortgage Cadence’s enterprise lending platform, Orchestrator®, Finale Document Services and the Mortgage Cadence Opus imaging solution.

Parker: Goodwill goes upscale with Deja Blue boutique in Denver
Goodwill Industries of Denver is going upscale with the introduction of Deja Blue, a chic boutique selling used designer clothing, shoes and accessories in Cherry Creek North.

Peoples Mortgage buoyed by refinancings, better housing market
Peoples Mortgage Corp. has hired 150 people during the past three years as the Colorado Springs-based lender has expanded into the Boulder, Denver and Fort Collins areas...

BlackBox Logic Exhibiting Comprehensive RMBS Solutions at American Securitization Forum Jan. 22-25
BlackBox Logic, LLC, a Denver-based data aggregation company, will showcase their new RMBS solutions, including an updated version of its web-based loan-level analytics interface, Crystal Logic®, at the American Securitization Forum in Las Vegas Jan.

Comment on Bill takes aim at Colorado foreclosures
Slight correction: Beth McCann is not from Boulder, she's from Denver.