The 45th Annual CMLA Convention

Colorado Mortgage Lenders Association pic

Colorado Mortgage Lenders Association

For more than a decade, Gavin Ekstrom has served as the senior area branch manager with Citywide Home Loans in Denver, Colorado. Guiding a group of more than 175 employees, he has grown the annual revenue from $15 million to $1 billion. Active in his industry, Gavin Ekstrom maintains membership with the Colorado Mortgage Lenders Association (CMLA).

The 2018 Annual CMLA Convention will be held August 8th through 10th at the Vail Marriott Mountain Resort. The premiere three-day conference for mortgage professionals, loan originators, and compliance personnel will feature a number of information sessions, networking functions, and a round of golf at the EagleVail golf course.

Those who register for the event will be entitled to refunds up to five days prior to the start of the conference. If you have already registered and need to request a cancellation, contact the CMLA office at (303) 773-9565. To learn more about the event or to register, visit


About the Secondary Mortgage Market


Secondary Mortgage Market pic

Secondary Mortgage Market

Named a Five Star Mortgage Professional for his commitment to service and his professional expertise, Gavin Ekstrom maintains a focus on the needs of home loan borrowers. Gavin Ekstrom currently serves as senior area manager with Denver, Colorado’s Citywide Home Loans, in which position he draws on a detailed knowledge of the secondary mortgage market and its impact on interest rates.

The secondary mortgage market is a system by which lenders can sell the loans that they have offered to borrowers. It was implemented by the United States Congress in the 1930s so as to increase the amount of capital available to lenders, thus making homeownership more accessible.

The secondary mortgage market primarily operates in the form of the financial institutions Fannie Mae and Freddie Mac. These institutions purchase a number of mortgage products from private lenders, which can then offer that money to other borrowers. Meanwhile, the purchasing institution bundles the mortgages that it has bought into securities and sells them to investors.

Demand from these investors is partially what drives the rise and fall of mortgage rates. If the economy is doing well and stock prices are high, investors will demand higher yields from the secondary market. This leads to mortgage rate increases, just as lower demand in periods of economic downturn leads to lower rates.

Getting Involved with the Boys & Girls Clubs of America

Boys & Girls Clubs of America pic

Boys & Girls Clubs of America

Gavin Ekstrom, senior area manager at Citywide Home Loans in Greenwood Village, Colorado, enjoys giving back to the youth of the community. He chooses to volunteer through the Boys & Girls Clubs of America (BGCA). The BGCA benefits from Gavin Ekstrom’s donated time and resources to further its goal of expanding the education, health, and career possibilities for children in need of assistance.

The BGCA dedicates its resources to forming every child into a responsible, caring, and successful adult. It achieves these ends through the aid of volunteers and sponsors who contribute to the organization in any way that they see fit. Depending on their backgrounds or interests, volunteers can help children with homework or tutoring, coach a sports team, or guide an art class. The organization encourages volunteers to even consider just lending a sympathetic ear to its youth.

The BGCA clubs offer a safe place for more than four million children each year. They are places to exercise, play, and avoid risky behaviors. BGCA supporters who wish to give monetarily can do so, while others may opt to buy gifts for BGCA birthday kids or even organize a fundraising walk.

Three Benefits of Biking

Benefits of Biking pic

Benefits of Biking

Senior area manager at Citywide Home Loans in Greenwood Village, Colorado, Gavin Ekstrom likes to stay active by playing basketball and other sports. Gavin Ekstrom enjoys biking, which offers a plethora of physical and mental health benefits. For example, here are three reasons to jump on two wheels –

1. Biking strengthens the body. Riding a bike gets the blood pumping without the same knee and joint injury risks as running. It serves as a full body and cardiovascular workout, exercising not just the legs, but also the lower back, arms, and shoulders. Biking a few miles a couple times a week can reduce the risk of heart disease by up to 50 percent.

2. Biking mixes exercise with travel. While biking can obviously be used to get from place to place, many people enjoy using it as a way to explore their towns and see places that they may have missed when traveling by car.

3. Riding a bike can help reduce stress. Studies have shown that those who commute by bike have lower stress levels than those who drive. Even if only biking for exercise or fun, this activity produces “feel good” hormones. The repetitive pedaling motion can also put one at ease.

The Colorado Mortgage Lenders Association Monthly Forums

Colorado Mortgage Lenders Association pic

Colorado Mortgage Lenders Association

An alumnus of Salt Lake Community College in Utah, Gavin Ekstrom has more than two decades of experience as a mortgage loan officer. Gavin Ekstrom is a senior area manager with Denver, Colorado’s Citywide Home Loans and an active member of the Colorado Mortgage Lenders Association (CMLA).

Operating under the principles of education, representation, and networking, CMLA provides four different forums for industry leaders to sharpen their skills and share ideas with other mortgage lending professionals. The sales management forum is available to CMLA members who hold upper-level executive positions. The operation and compliance forum, available to lenders who hold quality assurance or quality control management positions, features a guest speaker and roundtable discussion on profession-related topics.

The leadership development forum has a similar structure, but members meet only four times a year and are responsible for recommending speakers and roundtable topics. Finally, the executive forum, open to lenders who hold upper management positions, is a four-hour session that features speakers and open discussion topics driven by forum members.

Mortgage Rates in 2017

Gavin Ekstrom pic

Gavin Ekstrom

For the past decade, Gavin Ekstrom has served as an area branch manager of the Denver, Colorado office of Citywide Home Loans, where he is responsible for overseeing all branch operations and training new loan officers. To provide the best service to his clients, Gavin Ekstrom stays abreast of current trends and other factors that influence the mortgage sector.

Experts are predicting that mortgage rates will continue to stay low throughout the remainder of 2017. While they estimate a slight increase, many experts predict the rate will settle out around 4.3 percent.

While this is welcome news for borrowers, most experts don’t look for rates to dip below the 4 percent barrier in the immediate future. Even so, rates are still trending below what the average has been in the past. As of April 2017, those rates have yet to break the 4 percent barrier. The 30-year fixed rate was 3.93 percent, with more than 50 percent of analysts predicting that the rate won’t change throughout the rest of the year.

Health Benefits of Basketball

Basketball pic


An accomplished mortgage professional with more than 20 years of industry experience, Gavin Ekstrom serves as a senior area manager with Citywide Home Loans in Greenwood Village, Colorado. In his leisure time, Gavin Ekstrom enjoys playing basketball.

In addition to its recreational benefits, basketball offers many physical benefits. Because the game involves running and jumping, basketball is an effective way to burn calories and get an aerobic workout.

The game increases the heart rate as well, which strengthens the muscle and improves cardiovascular health. These factors lead to better endurance and blood flow, reducing the chance the player will suffer from heart disease or stroke in the future.

The prevalence of jumping and other physical exertion in basketball can lead to increased bone strength. Physical activity that uses the joints and bears weight causes the bones to produce new tissue and become stronger.