UCAP Elects Prez/CEO

James G. Farmer has been elected president and chief executive officer of UCAP Inc., the Denver-based parent company of United Capital Mortgage Corp.Mr. Farmer, 54, was most recently chairman and CEO of Woodson Holdings, a manufacturer of precision metal components. He said UCAP's immediate goals will be to increase same-branch originations and open new offices; acquire existing mortgage operations; and boost loan productivity by standardizing processes and employing Internet-based technology. The company can be found online at http://www.ucmc.net.

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