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James S. DuBose founded Fort Worth Mortgage in 1952 to provide residential home loans to the growing post-war communities of North Central Texas. His enthusiasm fueled the company for the next 20 years in the relentless pursuit of one goal: delivering the most competitive loan products with the most personal service.
In 1972, DuBose purchased Colonial Savings. He now had an expanded financial portfolio with which to operate and immediately took action. He expanded the mortgage operation, originating loans in other areas of the Southwest and beyond. At the same time, DuBose recognized the value of integrating the services he offered his customers. By offering banking, mortgage lending and insurance under one corporate roof, he gave his customers a “department store” atmosphere for handling their personal finances. The concept flourished.
Today, the Colonial Family of Companies is a comprehensive, national financial services corporation with more than 600 employees. We are particularly proud of the long tenure of many of our employees; indicating Colonial is not just a great place to do business, but a great place to work as well.
With a servicing portfolio of more than $12.5 billion and total assets of approximately $1 billion, Colonial National Mortgage is now among the largest mortgage servicing operations in the country, originating loans in 47 states. A full array of banking and insurance services complement dozens of different home mortgage programs, making Colonial a single source for personal financial services. The company is privately held – by choice – ensuring our focus remains on our customers, not on the expectations of Wall Street.
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Fannie Mae’s Excellence in Servicing Award
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Freddie Mac’s Platinum Servicing Award
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FHA’s Tier One rating for FHA loans
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