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WEYERHAEUSER MORTG. v. EQUITABLE GEN. INS.

No. 81CA0597.

686 P.2d 1357 (1983)

WEYERHAEUSER MORTGAGE COMPANY, Plaintiff-Appellant, v. EQUITABLE GENERAL INSURANCE COMPANY, (formerly known as Houston General Insurance Company), and Glenarm Place Apartments, Ltd., a Colorado limited partnership, Defendants-Appellees, and Glenarm Place Apartments, Ltd., Defendants.

Colorado Court of Appeals, Div. III.

As Modified on Denial of Rehearing February 9, 1984.

Certiorari Denied August 27, 1984.

Attorney(s) appearing for the Case

Hart & Trinen, Donald T. Trinen, Stephanie M. Smith, Denver, for plaintiff-appellant.

Weller, Friedrich, Hickisch, Hazlitt & Ward, John R. Hickisch, Edgar L. Neel, Denver, for defendants-appellees.

STERNBERG, Judge.

Plaintiff, Weyerhaeuser Mortgage Company, appeals the judgment dismissing an action to recover payments on a performance bond from defendants, Equitable General Insurance Company and Glenarm Place Apartments. We reverse.

Weyerhaeuser was the mortgage lender of approximately $640,000 on a federally sponsored and insured rehabilitation project designed to provide low income housing and to assist minority contractors. Emil Manzanares, the owner...

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