Skip to main content

Cherry Creek Mortgage Undergoes Change In Ownership And Corporate Structure

Dec 04, 2020
Cherry Creek Mortgage Logo
Director of Events

Cherry Creek Mortgage announced that it is now 100% owned by the family of its co-founder, Jeffrey May. Additionally, the company's owners formed Cherry Creek Holdings Group, LLC, the parent company of Cherry Creek Mortgage and other affiliated businesses, according to a press releasePhoto of Rick Seehausen

May will serve as chairman and CEO of Cherry Creek Holdings and continue to serve as the president of Cherry Creek Mortgage. The company promoted Rick Seehausen (photoed right) as the chief operating officer of Cherry Creek Holdings. He will be responsible for overseeing all company operations including IT, human resources, legal, accounting, marketing and compliance divisions.

Before joining Cherry Creek Mortgage in 2019 as executive vice president, Seehausen was the founder and CEO of LenderLive, which he grew into the mortgage industry's largest provider of outsourced fulfillment services, according to a press release.

"Even though our corporate structure is changing, our mission remains the same—to provide consumers with all the mortgage services they need to achieve and sustain homeownership," said Seehausen.

"Rick brings a wealth of leadership, experience and wisdom that will create significant opportunities for us going forward," said May.

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Dec 04, 2020
HUD Freezes Foreclosures On FHA Mortgages In Texas Flood Zone

Kerr County homeowners among hardest hit in disaster that’s claimed more than 100 lives

Jul 09, 2025
Fewer Canadians Hunt For U.S. Property

Largest component of international buyers in U.S. takes more than 25% hit

Jul 08, 2025
Fannie, Freddie Now Allow Lenders To Use VantageScore 4.0

Lenders will keep tri-merge credit scoring model; what this shift means

Fairway Independent Mortgage Corporation Announces Rebranding

Now Fairway Home Mortgage, company also donates $1M to support relief efforts in deadly Texas flooding

Jul 07, 2025
FHFA Chief Officially Calls For Investigation Of Federal Reserve Chairman Powell

Alleges Powell lied in testimony to Congress regarding Fed building renovations, says Fed Chair should be fired

BBB Will Impact Homeowners, Buyers

U.S. House and Senate must agree on certain tax, mortgage insurance premium deductions