Examples of Colorado Mortgage in a sentence
Ms. Nies reported that Mr. Sweetser is heading the mortgage loan origination task force in legislative efforts to amend the mortgage loan origination statute, expanding the licensing exemption that the Colorado Mortgage Lenders Association accomplished lastyear with its SAFE Act legislation.
The Lenders hereby authorized and direct the Collateral Agent to release any and all Liens on the Real Estate subject to the Colorado Mortgage in connection with an Acceptable Colorado Transaction.
Mr. Killean reported that the task force had had a conference call with representatives of the Colorado Mortgage Lenders Association, and CMLA had made it clear that it would not include the exemption language drafted by the RESC group in the CMLA bill.
If any Borrower owns any Real Estate other than the Real Estate already subject to the Colorado Mortgage, such Borrower shall deliver to Collateral Agent promptly a deed of trust or mortgage in respect thereof, in form and substance satisfactory to Collateral Agent in its sole and absolute discretion.
Mr. Sweetser noted that although RESC members had been working on language that would remove intrafamily and other “casual” residential loans from the Colorado mortgage loan originator statutes, the immediate issue was a request by the Colorado Mortgage Lenders Association for support of two bills that would more broadly eliminate redundant and inconsistent regulation of mortgage lenders under federal and Colorado law.
Schedule IIA (17) Additional Collateral --------------------------------------- The Loan Documents with respect to the Berry Avenue Office - Colorado Mortgage Loan (Loan No. 23967) xxxxxt the related Mortgagor, at any time after the closing of such Mortgage Loan, to incur subordinate debt secured by the related Mortgaged Property if the mortgagee approves such subordinate debt in its reasonable discretion and the Mortgagor satisfies certain financial criteria and other requirements.
Lebsock, representatives of LTAC and lobbyists for the County Clerks, County Assessors and Colorado Mortgage Bankers.
The Colorado Mortgage Lenders Association (CMLA) intends to weigh in on the proposed definition for “family member” as part of the mortgage loan originator statutory changes; CMLA considers the proposed definition overly broad.
Program Specialist Oerman brought to the Board’s attention for consideration, Mortgage Training Institute, Denver as a new school with one program: Colorado Mortgage Broker Pre-License Course and three stand alone courses: Mortgage 101 Basics; Business and Trade Practices; and Federal Regulations and Colorado State Regulations.
Program Specialist Esquibel brought to the Board’s attention for consideration, National Lender Services, Inc., Thornton as a new school with one program: Colorado Mortgage Broker Pre-Licensing Program and five stand alone courses: FHA Express; Fundamentals of Mortgage Processing; Long Origination Express; VA Express and Advanced Processing/Pre-Underwriting.