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    Equifax, one of the nation’s top three credit reporting agencies, agreed to pay up to $700 million to settle federal and state investigations into the 2017 hack that exposed Social Security numbers and other personal data of almost half the population of the U.S. "Equifax failed to take basic steps that may have prevented the breach," FTC Chairman Joe Simons said. Click the headline to read more.

Items Tagged with 'Cherry Creek Mortgage'


  • Cherry Creek Mortgage expands to two new states

    Opens new locations in Wyoming and Montana
    Cherry Creek Mortgage, one of Colorado's largest mortgage lenders, is expanding into a pair of new states. The lender announced this week that is now lending in Wyoming and Montana after opening offices in each of those states.
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  • Reverse mortgage data details industry-wide volume plunge

    Wholesale endorsements suffer greatest decline at 34%
    Reverse mortgage volume plummeted a staggering 31.4% in December, closing out the month with just 1,749 loans and ending the year on a rather sour note. A new report from Reverse Market Insight breaks down the numbers, revealing that wholesale endorsements suffered the greatest loss at 34.4%, as many of the top lenders saw volume dip by as much as 46%.
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  • Cherry Creek Mortgage LOs learn HECMs to grow business

    1st Reverse Mortgage USA teaches parent company originators about reverse
    Interest rates are up, refi volume is down, and some mortgage originators are feeling the pinch. Cherry Creek Mortgage is helping its LOs bolster their game by teaching them how to add reverse mortgages into their product mix.
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  • Cherry Creek Mortgage chairman resigns after lender begins offering benefits to same-sex couples

    Wil Armstrong did not provide a reason for his abrupt resignation
    The chairman of Cherry Creek Mortgage, the largest mortgage lender in Colorado, resigned late last week after the company began offering health benefits to same-sex couples. Cherry Creek announced late Thursday that it will now offer health benefits to same-sex couples, the same day that the company’s chairman, Wil Armstrong, resigned from the company with immediate effect.
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  • Hulbert Joins 1st Reverse Mortgage USA

    1st Reverse Mortgage USA, a division of Cherry Creek Mortgage Company, announced the hiring of Sarah Hulbert as Retail Business Development Manager.  The company announced that Hulbert will be responsible for overseeing the growth and development of retail business for the company. Prior to joining 1st Reverse Mortgage USA, Hulbert was Senior Vice President for Reverse Mortgages at Seattle Mortgage Company.  According to 1st Reverse Vice President, Dan Harder, Hulbert's experience and philosophy of education first based customer service is ideally matched to the company's business model.   Hulbert brings over 18 years of reverse mortgage experience to 1st
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