Tag Archives: ADDISON

Mid America Mortgage Hires Michael J. Lima to Oversee Whole Loan Trading Division

Michael J. Lima

ADDISON, Texas, May 2, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has retained mortgage banking and capital markets executive Michael Lima as managing director of its Whole Loan Trading division. With nearly 30 years of mortgage expertise, Lima will direct Mid America's whole loan acquisition business, including its recent entry into the market for loans with TRID compliance issues.

"We feel there is an opportunity to broaden our scope and become a more active player in the re-emerging private investment sector of the mortgage industry," said Bode. "Michael Lima possesses the deep background in capital markets and a finely tuned radar for mortgage risk, that makes him a natural fit to prudently position Mid America in this market."

"I am excited to join such a progressive company and look forward to continuing the legacy of my predecessor, Richard Glover, in delivering value to our partners and other industry stakeholders. Mid America represents the new face of private investment in the mortgage industry -- on-the-ground players with the demonstrated ability to look beyond the surface to discern a loan's fundamental soundness," said Lima. "A key contributor to Mid America's success in this area is the confidence it places on the internal systems and governance that generate its own high-quality retail loan production."

Prior to joining Mid America, Lima served as Chief Risk Officer for Guardian Mortgage Company, where he was responsible for supporting strategic initiatives for the company, including enterprise risk management, capital markets and servicing. In addition, Lima was a senior vice president with Nationstar Mortgage, where he held leadership roles in capital markets, investor relations and correspondent lending. Lima spent the majority of his early career, 17 years, with Fannie Mae, ultimately serving as Director of Single Family Business.

Lima holds a Bachelor of Arts degree in Finance from San Diego State University and a Masters of Business Administration degree in Finance from The University of Texas at Arlington. He is an active member of the Texas Mortgage Bankers Association and has held a Director position since 2008.

About Mid America Mortgage, Inc.:

Mid America Mortgage, Inc. is looking for tech-savvy, service-oriented mortgage professionals to join its growing team. We are a multi-state mortgage lender based in Addison, Texas, with branches located across the United States. Mid America offers a wide range of residential home loan programs to meet the needs of most home buyers and homeowners, and we are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit http://www.midamericacareer.com/.

Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

Twitter: @midamericamtge

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To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-hires-michael-j-lima-to-oversee-whole-loan-trading-division-2016-0502-03.shtml.

NEWS SOURCE Mid America Mortgage Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Mid America Mortgage Hires Four Account Executives to Serve California, New Hampshire, Tennessee, Midwest

Mike Tackett

ADDISON, Texas, Feb. 17, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has hired four new account executives in its wholesale and correspondent lending division.

"It's no secret Mid America is staffing up in anticipation of a stellar and productive 2016," Bode explained. "With our Mid America Concierge marketing service and eMortgage initiative, we are poised to offer both partners and consumers an unparalleled experience."

The new hires are:

Kelly Dahood-Bondra - New Hampshire:
Kelly Dahood-Bondra began her career as a loan processor and possesses 17 years of experience in client service, as well as the operations and sales sides of mortgage banking. She first transitioned from mortgage processing to sales as an account executive with Countrywide Home Loans more than a decade ago. Dahood-Bondra is a member of the Mortgage Bankers Association (MBA).

Susan Eiland - Tennessee:
Susan Eiland is a top producer with more than 20 years of mortgage lending experience in both retail bank and wholesale environments. She began her career at Citizens Bank of Massachusetts, where she grew from an underwriter to Vice President and Loan Center Manager and served as a member of the Presidents Club, an honor reserved for the company's highest-volume lenders. Eiland transitioned from retail to wholesale lending in 2000 as an account executive at Washington Mutual Bank and later went on to work with Bank of America, MetLife Home Loans and EverBank. She has been honored as a top producer throughout her career.

Gene Lanier - California:
Gene Lanier brings to Mid America an intimate understanding of the processes tied to third-party origination, marketing, underwriting, funding, accounting, compliance and profitability. He is a lifelong advocate of the mortgage broker community and believes strongly in providing support for educational programs. Currently serving his second consecutive term as President of the North Los Angeles chapter of the California Association of Mortgage Professionals (CAMP), he is a longtime supporter of the National Association of Mortgage Brokers (NAMB).

Mike Tackett - Midwest (Indiana, Kentucky, Ohio, Michigan):
Mike Tackett has served the mortgage industry for more than 25 years, specializing in the Central U.S. market. His experience includes wholesale, retail and mortgage banking and spans from underwriting FHA loans to supervising a staff of 40 wholesale and correspondent lenders. Tackett is a graduate of the University of Kansas and a past president of the Indianapolis chapter of the Mortgage Bankers Association (MBA).

About Mid America Mortgage, Inc.:

Mid America Mortgage, Inc. is looking for tech-savvy, service-oriented mortgage professionals to join its growing team. We are a multi-state mortgage lender based in Addison, Texas, with branches located across the United States. Mid America offers a wide range of residential home loan programs to meet the needs of most home buyers and homeowners, and we are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit http://www.midamericacareer.com/.

Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

Twitter: @midamericamtge

*PHOTOS for Media:
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(3) Send2Press.com/mediaboom/16-0217-Gene-Lanier-300dpi.jpg

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-hires-four-account-executives-to-serve-california-new-hampshire-tennessee-midwest-2016-0217-04.shtml.

NEWS SOURCE Mid America Mortgage, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Mid America Mortgage Seeks TRID Scratch and Dent Mortgage Loans for Potential Purchase

TRID loans

ADDISON, Texas, Dec. 22, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm's interest in purchasing Scratch & Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.

"With TRID now in effect for two months, loans with the new disclosures have begun making their way to investors and been rejected for purchase due to minor TRID infractions to more significant errors. It is to be expected, with a change this voluminous, to have errors during the first months of loans," Bode explained. "While the industry has diligently striven to have systems in place, training delivered, and testing fully vetted, errors cannot be completely avoided."

"Mid America feels confident in its ability to cure these defects while providing lenders with an outlet for investor-rejected TRID loans," he added.

Examples of defects include:
* Disclosure timing outside of required timelines
* Missing NMLS information
* Missing real estate broker information
* Extraneous logos on the Loan Estimate (LE) or Closing Disclosure (CD)
* Title fees missing and/or not including "Title" before the fee name
* CD showing property address as borrower current address on a purchase.

To have your loan with TRID infractions considered for purchase by Mid America Mortgage, contact Richard Glover, managing director of whole loan sales, at 817-735-1071 or richard.glover@midamericamortgage.com.

About Mid America:
Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

*LOGO for media: Send2Press.com/mediaboom/15-1209-mid-america-300dpi.jpg

Twitter: @midamericamtge #TRID

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-seeks-trid-scratch-and-dent-mortgage-loans-for-potential-purchase-2015-1222-01.shtml.

NEWS SOURCE Mid America Mortgage, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Mid America Mortgage Offers Marketing Tools to Partners through Mid America Concierge Service

Mid America Concierge

ADDISON, Texas, Dec. 9, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has developed Mid America Concierge, an online marketing support portal for its strategic business partners, including real estate agents and brokers.

The portal provides Mid America's partners with access to marketing and promotional materials, in addition to services for lead generation, social media marketing, customer relationship management (CRM) and more.

"Mid America's partners are a critical component to our success," Bode said. "Whether its using Mid America's affiliated LOS Mortgage Machine or the best-of-breed services available through Mid America Concierge, we want to ensure our partners have the absolute best technology and services available to execute at the highest level possible."

To make the available services more affordable, Mid America offers incentives for partners to promote their work with Mid America through credits and discounts for services on the site.

"Providing value, whether its to borrowers or our partners, is one of the cornerstones of Mid America's philosophy, and we want to make it both easy and beneficial for our partners to access the services available through Mid America Concierge," Bode added. "Something as simple as taking a photo at closing can translate into big savings on services, which helps our partners grow their business while supporting Mid America. It's truly a win-win for everyone."

To learn more about Mid America Concierge, visit http://www.midamericaconcierge.com/.

About Mid America:

Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

Twitter: @midamericamtge

*LOGO for media: Send2Press.com/mediaboom/15-1209-mid-america-300dpi.jpg

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-offers-marketing-tools-to-partners-through-mid-america-concierge-service-2015-1209-03.shtml.

NEWS SOURCE Mid America Mortgage, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.