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Last Update

2014-11-14T00:00:00.000Z

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Background Information

Employment History

President

Colonial Savings companies

President and Chief Executive Officer

Colonial Savings companies

Vice President and Underwriting

Fort Worth Mortgage, A Division of Colonial Saving

Affiliations

Member, Board of Governors
Mortgage Banking Association of America

Founder
Fort Worth Mortgage

Web References (67 Total References)


Refinancing? Be aware of your alternatives

www.ocregister.com [cached]

It doesn't hurt to ask for a modification," says Jim DuBose, president of Colonial Savings, a mortgage lender in Fort Worth, Texas.

Loan modification, DuBose says, is "pretty painless.We send them a couple of things to sign.It's not like going through another closing."He cautions, though, that it doesn't happen often because Colonial Savings, like most big lenders, sells most of its mortgage loans on the secondary market.In that case, you have to refinance the loan to get a lower rate.
If refinancing is your only option, don't automatically switch lenders.Shop first with your current loan servicer.It might offer you a "streamlined" refinancing, requiring less money, paperwork and time than other lenders require.


Today's News

www.prnewswire.com [cached]

Chesley Brooks and James DuBose to Represent Texas

...
DALLAS, Dec. 8 /PRNewswire/ -- The Federal Home Loan Bank of Dallas (FHLBank of Dallas) has announced the election of Charles G. Morgan, Jr., Anthony Sciortino, Chesley N. Brooks, Jr., and James E. DuBose as directors of the Bank.
...
Mr. DuBose is president of Colonial Savings in Fort Worth, Texas.He was appointed to the Board in February 2003 to fill a newly created industry director position.Mr. DuBose has been active in the banking and mortgage industries for more than 20 years, and serves on the Board of Governors of the Mortgage Banking Assn. of America.


Fort Worth Business Press

www.fwbusinesspress.com [cached]

CU Members Mortgage began in 1952, when Jimmy S. DuBose founded Fort Worth Mortgage.


Ventura County Star: Business

www.staronline.com [cached]

It doesn't hurt to ask for a modification," said Jim DuBose, president of Colonial Savings, a mortgage lender in Fort Worth, Texas.

Loan modification, DuBose said, is "pretty painless.We send them a couple of things to sign.It's not like going through another closing."He cautions, though, that it doesn't happen often because Colonial Savings, like most big lenders, sells most of its mortgage loans on the secondary market.In that case, you have to refinance the loan to get a lower rate.
If refinancing is your only option, don't automatically switch lenders.Shop first with your current loan servicer.It might offer you a "streamlined" refinancing, requiring less money, paperwork and time than other lenders require.


James E. DuBose, president ...

www.insurancenewsnet.com [cached]

James E. DuBose, president of Colonial Savings and a principal in the newendeavor, said the addition of a title company serving the company's manycustomers is a natural extension of its financial services."For severalyears, we have contemplated opening a title company to provide our customerswith a seamless experience from loan application to closing, conducted withintegrity and reliability," said DuBose.

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