|
|
WELCOME TO ADAMS MORTGAGE!
FORMERLY
COLORADO ONLINE MORTGAGE
Adams Mortgage purchased Colorado Online Mortgage in late 2006. Adams Mortgage continues the tradition of competitive priced home loans with No Origination Fee in many instances. We are proud to continue the legacy of 20+ years of local service including underwriting and funding the loan. AdBanc Inc., our holding company, also owns Adams Bank and Trust located in Colorado Springs and Northern Colorado. They compliment our services by providing construction loans, lot and land loans, and commercial loans.
Purchase/Refinance/New Construction? We have the power in the marketplace to obtain the best loan and price for you.
Please click on one of the following loan officers listed below to help you with your lending needs:
DANA HINES ELIZABETH ELMER
BRENT MROFCZA SHANNON SCOTT HARRY VENIK
The mortgage industry has changed dramatically and interest rates are now determined by your FICO score as well as loan amount, loan to value and the type of program. Don't rely on website or newspaper rate quotes; their are 20+ categories that influence your rate today and you may be disappointed by not obtaining the best interest rate for your needs.
For our secure online application, please click on "Apply Now" at the top left corner of this page. We use today's latest technology to keep your information safe and secure. If you would like to see our operation, come by our location and find out why Adams Mortgage is a trustworthy partner!
Sincerely,
Hutch
Robert Hutchison,
President
|
|
|
|
|
 |
 Mortgage News Daily
Explaining Credit Default Swaps - 49 minutes ago
Posted To: Community CommentaryJoe Garrett, my partner and I live and work in the San Francisco Bay area. The Bay Area is home to two great Universities, Cal and Stanford. Both Joe and my youngest son attended Cal. The weather is perfect most of the year. I’m able to ride my mountain almost every day, even in the dead of winter. We have wine, waves and wacky people. On our way back from a party in the wine county this weekend, we took this picture before crossing the Golden Gate Bridge into San Francisco. What do you think? Over the weekend I listened to Bob Brinker do a great overview of Credit Default Swaps (CDSs) and their contribution to the financial meltdown of 2008 and 2009. If any of you are interested in listening to a very concise explanation of CDSs, visit his web site at and listen to the first monolog...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Wells Fargo Paying Back TARP; HAMP Resources; ARM Index Websites; HUD & Form 1004D - 1 hour ago
Posted To: Pipeline PressWells Fargo joined the other large banks in announcing plans to pay back our TARP money. Banks are complaining that they can't attract top talent with their compensation structures capped. This is good news, since Wells called me the other day to offer me a high paying job (they said I could spel good) but I turned them down since their pay was capped. Who needs that? TARP: Troubled Asset Relief Program - maybe that is one acronym that we can forget. Wells Fargo may avoid the label of being the biggest bank still holding bailout money when it announced that it plans to pay back its $25 billion in government loans. For those keeping track at home, yesterday they followed Citigroup , and Bank of America last week, in making that announcement. Wells will raise $10.4 billion from the markets...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS OPEN: First Round of Data Pushes Rates Higher - 3 hours ago
Posted To: MBS CommentaryTwo data sets have already hit news wires.... The first was the Producer Price Index...this data reports on inflation at the producer level. Here is what flashed across my news reader: NOV PPI +1.8 PCT (CONSENSUS +0.8 PCT) VS OCT +0.3 PCT NOV PPI EX-FOOD/ENERGY +0.5 PCT (CONS +0.2 PCT) VS OCT -0.6 PCT. NOV PPI EXFOOD/ENERGY RISE LARGEST SINCE OCT 2008 (+0.5 PCT) NOV YEAR-OVER-YEAR PPI +2.4 PCT (CONS +1.6), CORE +1.2 PCT (CONS +0.9). YEAR-OVER-YEAR PPI FIRST RISE SINCE NOV 2008, LARGEST SINCE OCT 2008 (+5.2 PCT) NOV PPI INTERMEDIATE GOODS +1.4 PCT, EXFOOD/ENERGY +0.3 PCT NOV PPI CRUDE GOODS +5.7 PCT, EXFOOD/ENERGY -0.8 PCT PPI was higher than expected on both the Overall and Core metrics. Below is a table summarizing the data and forecasts... The second release was the NY Fed Manufacturing Index...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
The Day Ahead: Markets Await Heavy Data, FOMC Meeting Begins - 3 hours ago
Posted To: MND NewsWireAn extremely busy day awaits markets as the Federal Open Market Committee kicks off its last two-day meeting of the decade. Two hours before the opening bell investors are being cautious. The S&P 500 hit 14-month highs yesterday but this morning futures are off 3.00 points to 1,108. Similarly, Dow futures are down 25 points to 10,412 and Spot Gold is $12.25 lower at $1,114.45. Somewhat conversely, WTI Crude oil is up a slight 14 cents to $69.65 per barrel, yet that’s 15% off its highs from late October. “The US$ is stronger against most of the majors, particularly the euro which continues to struggle amid financial-sector problems in Austria and concerns over the fiscal situation in Greece,” noted BMO analyst Robert Kavcic. Key Events Today: 8:30 ? The Producer Price Index...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS CLOSE: Treasuries Hold At Weakest Levels In 4 Months - 18 hours ago
Posted To: MBS CommentaryTrue, this is the "MBS" Commentary, and while MBS were at their weakest levels in almost two months, we wouldn't expect them to be visiting their August levels given the steady tightening in spread of MBS to Tsy's in that time. So tonight's title goes to treasuries--namely, the 10yr. While it was only down a tick on the day, the current yield of 3.552 marks the highest point since bonds began to creep out of the summer doldrums in August. What better place to be considering the pivotal nature of the season and the impending data?! Of course we have the FOMC announcement on Wednesday. This comes amidst growing economic support for the recovery, an ever-ticking death clock on bond-friendly stimulus, an inflation report that may show year-over-year plus signs for the first...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
 |
|
|
|
|
