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Lawyer accepts cease-and-desist over fix and flips


The staff alleged that Zimmerman engaged in at least 34 of these real estate investments/transactions without being licensed as a mortgage broker-dealer with the division as required, and therefore in violation of the act.

Mortgage broker's license suspended


The Colorado Division of Real Estate announced today it has summarily suspended the license of mortgage broker Paul Cardenas of Centennial. A summary suspension is used where there is a danger of immediate harm to the public. The division alleges that Cardenas, operating through and for several companies including Lending Denver and Premier Mortgage Capital, falsified income and asset information…

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