Tag Archives: Correspondent Lending

Click n’ Close appoints Jon Wilson as Vice President of Accounting

ADDISON, Texas, Oct. 30, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close, a multi-state mortgage lender, today announced the addition of Jon Wilson as Vice President of Accounting. In this role, Wilson will oversee corporate accounting, financial reporting and process optimization, supporting the company’s continued growth and operational excellence.

Jon Wilson of Click n' Close
Image caption: Jon Wilson of Click n’ Close.

Wilson brings more than 20 years of experience in accounting and finance leadership within the mortgage and financial services sectors. Prior to joining Click n’ Close, he served as Vice President of Finance for Bay Equity, LLC, a subsidiary of Redfin Inc., where he oversaw financial operations, including audit management, warehouse certification reporting and banking relationships. Previously, Wilson held senior accounting roles at Algentis, LLC (a subsidiary of HUB International) and First Collateral Services (a subsidiary of CitiMortgage).

“Jon’s extensive background in financial management, audit oversight and operational efficiency makes him a tremendous asset to our leadership team,” said Gary McKiddy, CFO of Click n’ Close. “His experience supporting complex financial infrastructures within mortgage lending organizations will strengthen our accounting operations and position us for continued expansion.”

“I’m thrilled to join Click n’ Close and contribute to its mission of delivering innovative lending solutions,” Wilson said. “The company’s reputation for combining strong financial stewardship with forward-thinking programs like One-Time Close construction lending and down payment assistance aligns perfectly with my professional values and experience.”

Wilson holds a Bachelor of Science in Accounting from Chico State University and an MBA in Finance from Golden Gate University.

About Click n’ Close, Inc.

Click n’ Close, Inc. is a multi-state mortgage lender serving consumers and originators through its wholesale, correspondent and retail channels. The company is an industry leader in proprietary down payment assistance (DPA) programs and a recognized leader in One-Time Close construction lending across conventional, FHA, VA, USDA and Section 184 programs. Through its 1st Tribal Lending division—the nation’s largest originator and servicer of Section 184 home loans for Native Americans—Click n’ Close extends its commitment to expanding homeownership opportunities nationwide.

In operation since 1940, Click n’ Close has remained at the forefront of mortgage innovation, pioneering the adoption of eClosings and eNotes. Backed by a strong financial foundation, Click n’ Close has the balance sheet and warehouse capacity to support and scale its specialized loan programs, providing consistent access to capital and reliable execution for its partners. By maintaining direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors and servicing its loan programs in-house, the company delivers dependable liquidity, loan salability and an enhanced borrower experience.

Learn more at https://www.clicknclose.com/

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/click-n-close-appoints-jon-wilson-as-vice-president-of-accounting/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P130561 NOREL-3B

 

Click n’ Close Appoints Mortgage Wholesale Veteran Tony Catanese as Regional Sales Manager to Lead East Coast Expansion

ADDISON, Texas, May 30, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close, a multi-state mortgage lender and innovator in third-party origination (TPO), announced Thursday that Tony Catanese has joined the company as regional sales manager. In this role, Catanese will lead the company’s wholesale and non-delegated expansion across the East Coast, focusing on building and developing a high-performing sales team.

Tony Catanese of Click n' Close
Image caption: Click n’ Close Appoints Tony Catanese as Regional Sales Manager.

“Tony is a consummate professional whose leadership and depth of experience will be pivotal as we accelerate our expansion efforts across the East Coast,” said Adam W. Rieke, executive director of TPO lending at Click n’ Close. “His proven ability to cultivate strong sales teams and execute strategy aligns perfectly with Click n’ Close’s growth vision and commitment to delivering high-level support to our broker and non-delegated partners.”

Catanese has more than 34 years of experience in wholesale mortgage lending and a long history of managing top-performing sales organizations. Most recently, he served as vice president and eastern regional sales manager for several nationally recognized mortgage lenders, including Kind Lending and Sierra Pacific Mortgage Co.

“I am looking forward to helping Click n’ Close grow its wholesale and non-delegated footprint and market share,” Catanese said. “It’s a privilege to join an organization that combines leadership with the agility to deliver real value to partners and borrowers.”

Catanese’s appointment reflects Click n’ Close’s broader strategic focus on enhancing its presence in key regional markets and providing access to innovative lending programs for third-party originators. As the industry evolves, the company remains dedicated to offering liquidity, agility and strong service across all channels.

About Click n’ Close:

Click n’ Close Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels. It is the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has established a legacy of innovation and financial strength. The company pioneered the adoption of eClosings and eNotes and has introduced a range of market-responsive loan products, including USDA one-time close construction loans, a proprietary down payment assistance (DPA) program and a reverse mortgage division. By servicing its loan programs in-house and maintaining direct access to capital markets through relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors, Click n’ Close ensures dependable execution and long-term value for its partners. Learn more at clicknclose.com.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/click-n-close-appoints-mortgage-wholesale-veteran-tony-catanese-as-regional-sales-manager-to-lead-east-coast-expansion/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126604 NOREL-3B

 

Click n’ Close Expands Correspondent Lending Sales Team with Mortgage Industry Veteran Kim Schenck

Current head of correspondent division Michael Lima to refocus on whole loan trading

ADDISON, Texas, April 9, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close (CNC), a multi-state mortgage lender, announced today that Kim Schenck has joined its Correspondent Lending Sales team as Correspondent Manager. In her new role, Schenck will lead the expansion of the company’s proprietary down payment assistance (DPA) program, which plays a key role in helping more borrowers achieve homeownership.

Click n' Close, Inc.
Image caption: Click n’ Close, Inc.

“Kim’s extensive experience and proven ability to drive results make her an ideal addition to our team,” said Jeff Bode, owner and CEO of Click n’ Close. “Her focus on our DPA program will help us continue delivering innovative, affordable solutions to our partners and borrowers.”

Schenck brings more than 30 years of experience in mortgage banking, with a strong background in correspondent lending, loan acquisitions and secondary marketing. Her career includes leadership roles at Essex Mortgage, Freedom Mortgage, Bank of America, Greenwich Capital Financial and Sandia Mortgage Corporation, where she built and managed high-performing sales teams, drove strategic growth and developed pricing and rate strategies for large-scale lending operations.

“I’ve had the pleasure of working with Jeff in previous roles and have always admired his sharp insight and shared commitment to empowering both lenders and homebuyers,” said Schenck. “I’m honored to join such a forward-thinking organization and proud to be part of a winning team.”

As part of this transition, Click n’ Close’s Managing Director of Correspondent Lending Michael Lima will shift his focus back to the company’s whole loan trading business, a division he was initially hired to lead.

Lima first joined Click n’ Close – then operating as Mid America Mortgage – shortly after the implementation of the 2016 TILA-RESPA Integrated Disclosure (TRID) rule. Mid America recognized an opportunity as lenders across the country struggled with compliance and were forced to sell affected loans at steep discounts on the scratch-and-dent market. The company entered the space to purchase those loans, resolve the underlying issues and reintroduce them to the market—effectively bringing liquidity where it was desperately needed. Lima was brought in specifically to lead this initiative, leveraging his expertise in capital markets and risk assessment to build a sustainable, scalable secondary market strategy.

Now, as the mortgage industry faces another period of consolidation and economic uncertainty, Click n’ Close is redoubling its commitment to the whole loan trading space, offering a stable, long-term source of liquidity for lenders navigating an evolving landscape. Amid a post-COVID environment where many lenders have reported financial losses, Click n’ Close has remained financially strong and profitable—a track record the company sees as critical to its value proposition moving forward.

“Click n’ Close has always leaned into market disruptions as an opportunity to lead with innovation and stability,” said Lima. “My returned focus to the whole loan trading space will help strengthen the liquidity and reliability our lending partners count on. Our capital markets strategy has always been about fixing what others overlook—and doing it profitably, sustainably and at scale.”

About Click n’ Close, Inc.

Click n’ Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation’s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n’ Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n’ Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n’ Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n’ Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

NEWS SOURCE: Click n' Close Inc.


This press release was issued on behalf of the news source (Click n' Close Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/click-n-close-expands-correspondent-lending-sales-team-with-mortgage-industry-veteran-kim-schenck/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P125407 NOREL-3B

 

SmartBuy DPA Now Available to The Mortgage Collaborative’s Lender Members

ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender, today announced its Preferred Partner status with The Mortgage Collaborative (TMC), a leader in mortgage cooperatives dedicated to providing its members with cutting-edge technology and expert mortgage banking resources.

As a correspondent investor, Click n' Close will offer TMC's Lender Members access to SmartBuy™, a proprietary suite of down payment assistance (DPA) loan programs designed to give homebuyers an advantage in today's heightened mortgage interest rate environment. This national program combines a USDA or FHA-insured 30-year first mortgage with either a second lien that is fully forgivable after five years or a 10-year repayable second lien amortized up to 30 years. The second lien funds available through both options meet agency minimum required investment guidelines and can be used by the borrower towards their down payment, closing costs, or to buy down the interest rate. SmartBuy also has no income or first-time homebuyer restrictions.

"TMC is one of the preeminent cooperatives serving mortgage lenders in today's market, and we are delighted to be part of its Preferred Partner network," said Click n' Close founder and CEO Jeff Bode. "SmartBuy is a competitive alternative to managing the myriad of state and local programs. SmartBuy has helped more than 6,000 borrowers become homeowners by extending more than $1.5 billion in DPA-related financing. We're looking forward to expanding both these numbers through our partnership with TMC."

"TMC is thrilled to have Click n' Close as a Preferred Partner serving the growing needs of today's mortgage lenders through its SmartBuy product suite," said TMC President and COO Melissa Langdale. "This partnership is a testament to TMC's mission of providing its members with access to the most innovative and reliable solutions in the industry."

About The Mortgage Collaborative

Based in Austin, Texas, The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

About Click n' Close, Inc.

Click n' Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation's leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n' Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n' Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n' Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n' Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

News from Click n' Close Inc.

Click n' Close, a multi-state mortgage lender, today announced its Preferred Partner status with The Mortgage Collaborative (TMC), a leader in mortgage cooperatives dedicated to providing its members with cutting-edge technology and expert mortgage banking resources.

Related link: https://www.clicknclose.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Click n’ Close launches proprietary SmartBuy loan suite to provide low- and moderate-income homebuyers with more affordable mortgage options

ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announces it has launched SmartBuy, a suite of loan programs designed to give low and moderate-income (LMI) homebuyers an advantage in today's heightened mortgage interest rate environment. These programs offer down payment assistance (DPA) to help borrowers reduce their initial down payment as well as their monthly payment amounts utilizing Click n' Close's proprietary second liens.

"With recent volatility in rates and home prices maintaining record highs, TPOs need loan programs that are not only designed to help their borrowers navigate today's homeownership and affordability challenges but also varied enough to match borrowers' preferences and circumstances," said Click n' Close Owner and CEO Jeff Bode. "With our SmartBuy program, TPOs can meet their borrowers where they are today and create a loan program that helps them meet their goals."

"For example, TPOs can combine a seller-funded 2/1 buydown with SmartBuy for more cash-conscious borrowers, allowing them to secure a lower interest rate today, minimize their cash-to-close and postpone the rate reduction repayment to a later date. However, SmartBuy also offers a permanent buydown option that enables borrowers to qualify for a lower interest rate over the full life of the loan and maximize their long-term savings," Bode added. "Whether it is minimizing their cash-to-close, materially lowering their monthly payments or simply securing the lowest rate possible today, SmartBuy provides multiple options to help borrowers achieve their short- and long-term homeownership goals."

SmartBuy is the latest in a series of unique loan products developed by Click n' Close to help consumers and third-party originators (TPOs) address the challenges of today's market. Other innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and eNote program for non-delegated correspondents.

For more information on SmartBuy or any of Click n' Close's innovative loan programs, contact Adam Rieke (wholesale) at adam.rieke@clicknclose.com or Julas Hollie (correspondent) at julas.hollie@clicknclose.com.

About Click n' Close, Inc.:

Click n' Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation's leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n' Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.

Combining this culture of innovation with a risk management mindset enables Click n' Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n' Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n' Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.

Learn more at https://www.clicknclose.com/.

News from Click n' Close Inc.

Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announces it has launched SmartBuy, a suite of loan programs designed to give low and moderate-income (LMI) homebuyers an advantage in today's heightened mortgage interest rate environment.

Related link: https://www.clicknclose.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Mid America Mortgage Hires Julas Hollie as Correspondent Division Sales Director

ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today that Julas Hollie has joined the company as sales director for Mid America's Correspondent Lending division. In this role, Hollie is responsible for increasing loan acquisitions through strategic marketing and customer outreach.

"One of Mid America's goals for 2020 was to increase brand recognition and new business opportunities for our correspondent division. Julas Hollie immediately stood out as the person to lead that growth," said Mid America Owner and Chief Executive Officer Jeff Bode. "Julas is a well-respected industry veteran with a proven track record of success, and his expertise will certainly lend itself to expanding the footprint of Mid America's correspondent operations, enabling us to capitalize on future opportunities in this channel."

Hollie brings more than 20 years of mortgage industry experience in account management, risk management, sales and business development to his new role at Mid America. Previously, Hollie served as an account manager for business development at Essent Guaranty, where he doubled the number of active lenders and created $23 million in new business opportunities.

Hollie's previous employers also include First American Title and Fannie Mae, where he was a principal contributor to the $1 billion affordable lending alliance announced by Arvest Mortgage and Fannie Mae in 2004. Hollie has been a member of the Fort Worth Mortgage Bankers Association executive board for the past three years and served as the president in 2019-2020.

"At this point in my career, who I work with is as important as the job itself. Mid America's team of highly capable professionals works hard to serve its customers and add liquidity in the market to support homeownership. Couple this with a senior management team that had the vision to invest in the next evolution of home finance, as evidenced by its leadership in eNotes, my decision to join Mid America was an easy one," Hollie said. "Mid America has already put in the work and commitment to create a take-out option for hard-to-place loans, and my goal is to increase awareness of this key capability and demonstrate Mid America's ability to provide this liquidity alternative consistently and at a competitive price."

For more information, contact Hollie at (972) 998-0161 or julas.hollie@midamericamortgage.com.

About Mid America Mortgage, Inc.

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://www.midamericamortgage.com/click-n-close/#cnc.

Frequently named a top mortgage employer/workplace by industry trade magazines such as Mortgage Professional America, MReport, National Mortgage News and National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. 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 https://www.midamericamortgage.com/careers/.

Twitter: @midamericamtge

News from Mid America Mortgage, Inc.

Mid America Mortgage, Inc. (Mid America) announced today that Julas Hollie has joined the company as sales director for Mid America's Correspondent Lending division. In this role, Hollie is responsible for increasing loan acquisitions through strategic marketing and customer outreach.

Related link: https://www.midamericamortgage.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Mid America Mortgage Promotes Kara Lamphere to Chief Operating Officer

ADDISON, Texas /ScoopCloud/ -- Mid America Mortgage, Inc. (Mid America) announced today it has promoted former Chief Compliance Officer and Director of Correspondent Lending Kara Lamphere to Chief Operating Officer (COO).

"Kara Lamphere is a tremendous asset to Mid America Mortgage and has been essential to Mid America's ability to execute eClosings and eNotes in our retail and TPO channels. She has also lead Mid America's efforts to help brokers make the successful transition to mortgage bankers through our eCorrespondent division," said Mid America Owner and CEO Jeff Bode. "Having already played such a key role in our operations, Kara was the natural choice for our COO, and we have no doubt that she will continue to drive operational excellence and growth for Mid America in this new role."

Prior to re-joining Mid America mortgage in December 2016, Lamphere was employed at CMG Financial, serving as senior vice president of compliance, and later adding the role of managing correspondent lending operations. She also served as Chief Compliance Officer at Mid America Mortgage from July 2012 to July 2014.

In addition, Lamphere has also held senior-level positions with numerous other financial institutions. As Senior Vice President of Compliance at CMG Financial, she was responsible for the oversight of six critical areas within the organization: Compliance, Quality Control, Fraud, Internal Audit, Counterparty Relations, and Correspondent Operations. She was also tasked with developing policies, procedures, training, analysis, and other related responsibilities and successfully managed a team of over 50 people through teamwork and communication.

As Vice President of Compliance for PrimeLending, Lamphere managed Prime's compliance program, providing her direct expertise and leadership in Compliance Risk, Marketing, Consumer Complaints and Complaint Analysis, Auditing and Testing, and the full oversight of State Compliance Program. She was also integral in developing PrimeLending's training, policies and procedures, and product development.

"Mid America has been at the forefront of the push towards fully electronic mortgages, and to have played a role in that effort has been both challenging and rewarding," Lamphere said. "As COO, I am excited for the opportunity to challenge myself further in the industry and to aid Mid America in its continued success."

About Mid America Mortgage, Inc.:

Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, most recently with its adoption of electronic mortgage closings (eClosings) and promissory notes (eNotes). We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners, and are also the nation's leading provider of Section 184 home loans for Native Americans.

Mid America is looking for tech-savvy, service-oriented mortgage professionals to join its growing team. 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

*PHOTO for Media: Send2Press.com/300dpi/17-0803s2p-lamphere-300dpi.jpg
*Photo Caption: Kara Lamphere promoted to Chief Operating Officer.
*Photo Credit: Jason Gilmore, J&J Studio.

News from Mid America Mortgage, Inc.

Mid America Mortgage, Inc. (Mid America) announced today it has promoted former Chief Compliance Officer and Director of Correspondent Lending Kara Lamphere to Chief Operating Officer (COO).

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.