Tag Archives: Section 184 home loans

Click n’ Close Appoints Kara Lamphere as COO to Accelerate Growth of Business Lines

ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Kara Lamphere has joined the organization as Chief Operating Officer (COO).

"Kara is a powerhouse, and we are thrilled to have her back as part of our executive team to help guide our continued growth and success," said Click n' Close Owner and CEO Jeff Bode. "There is a lot on the horizon for us as an organization, and adding Kara to our team of experts is imperative to accelerating Click n' Close's growth, especially for our SmartBuy down payment assistance product suite."

Lamphere's experience spans more than 20 years, earning an extensive list of awards such as HousingWire Women of Influence, MBA Tech All-Star, Mortgage Professional Magazine Elite Woman in Mortgage and more. Prior to joining Click n' Close, she served as COO at InterLinc Mortgage and has held executive-level roles at Guaranteed Rate, Mid America Mortgage, CMG Financial, Prime Lending, First Command Bank and Alaska USA Federal Credit Union.

"Jeff has always been ahead of the curve in creating and adopting cutting-edge technology," said Lamphere. "He was the first to begin digitalizing the mortgage origination process and continues that trend with Artificial Intelligence and SMART Docs(r). Helping lenders streamline their lines of business and operate efficiently is what I do best. To do so with a known and trusted team is a bonus."

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/.

Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, today announced Kara Lamphere has joined the organization as Chief Operating Officer (COO).

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

Click n’ Close Promotes Daniel Forshey and Sady Mauldin to C-Suite

ADDISON, Texas /ScoopCloud/ -- Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, is pleased to announce the company has promoted Daniel Forshey to Chief Operating Officer and Sady Mauldin to Chief Compliance Officer.

"With the change in company direction this year, we knew we needed an executive team that possessed the institutional knowledge and the industry expertise to help steward our transition," said Click n' Close Owner and CEO Jeff Bode. "Dan and Sady have been tremendous assets to our organization, making them the perfect choice to round out our C-suite as we enter our next chapter."

Mauldin is a seasoned attorney with more than 15 years of experience. She joined the organization in March 2021 as compliance counsel for the servicing division. As Chief Compliance Officer, Mauldin will manage compliance programs for all of Click n' Close's verticals. In addition, she will provide legal oversight of Click n' Close's regulatory compliance and quality control, internal audit, policies and procedures, change implementation, continuing education and vendor management.

Forshey holds more than 20 years of mortgage experience, with a background that includes retail and wholesale lending, secondary markets, collateral analysis and compliance. He joined the company in 2010 as a manager and direct endorsement underwriter, where he was responsible for managing processing, underwriting, sales and closing with a team of 18. As Chief Operating Officer, Forshey will be responsible for improving efficiency across Click n' Close's processes, products and systems to support the company's growth.

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, Power Buyer bridge loan program, 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/.

Click n' Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, is pleased to announce the company has promoted Daniel Forshey to Chief Operating Officer and Sady Mauldin to Chief Compliance Officer.

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

The Cooksey Team Achieves 35 Percent Increase in Profitability in 2018 Despite Overall Mortgage Market Decline

DALLAS, Texas /ScoopCloud/ -- The Cooksey Team, a top-producing retail branch of Mid America Mortgage, Inc., announced today it has achieved year-over-year growth in volume and profitability for the sixth year running. In 2018, The Cooksey Team increased its overall volume by 27 percent over the previous year and increased the number of loan units closed by 28 percent. In addition, the branch decreased its cost to originate by 14 percent, resulting in a 35 percent increase in branch profitability.

"At a time when volumes are down and the cost to originate is up, we've been able to buck industry trends, and that's due in large part to Mid America's commitment to utilizing technology to make our operations more efficient," said Michael Cooksey, founder of The Cooksey Team. "With the adoption of our eClosing process and top-notch CRM system, as well as utilizing Fannie Mae's Day 1 Certainty program, Mid America has modernized its operations, and our LOs are reaping the benefits."

More than 80 percent of Cooksey Team loan originators (LOs) increased their production in 2018, with some achieving as much as 100 percent growth over 2017. In addition, several LOs have achieved top-tier status in their respective markets, including Wesley Ryan Grubbs, Brandon Findley and Darren Lovell, and The Cooksey Team was honored by the Dallas Business Journal as one of North Texas's "Best Places to Work" for the second consecutive year.

"When you have the proper technology and resources in place, along with support from the executive level down, it is possible to thrive in a down market," Cooksey said. "LO and branch success has always been a top priority at Mid America, and not only has the firm's investment in the tools and support paid off tremendously this year, but we expect to see that success continue into 2019 as we look to bring on more top-tier talent."

As the head of Mid America's most successful branch, Cooksey will be leading the firm's branch and LO recruitment efforts in 2019. Loan originators and branches interested in joining Mid America Mortgage should contact Cooksey directly at (972) 767-5701.

About The Cooksey Team:

Headquartered in Dallas, The Cooksey Team is a top performing retail branch of Texas-based lender Mid America Mortgage and has offices located throughout the North Texas and Los Angeles County areas.

With 16 years in the industry and six years with Mid America, Cooksey Team Founder Michael Cooksey brings the experience and knowledge needed to lead a successful mortgage transaction. Utilizing The CORE Training methodology, Michael has coached his own staff, as well as loan officers, brokers and real estate agents across the country, to become top producers. The Cooksey Team loan officers average six closings per month and $250,000 in annual income. In addition, the branch has increased its annual origination volume by nearly 50 percent year-over-year and is projected to achieve $350 million in volume in 2018. For more information on The Cooksey Team, visit https://www.cookseybranch.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. In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. The company offers 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/.

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.midamericamortgage.com/careers/.

Twitter: @midamericamtge @TheCookseyTeam

The Cooksey Team, a top-producing retail branch of Mid America Mortgage, Inc., announced today it has achieved year-over-year growth in volume and profitability for the sixth year running. In 2018, The Cooksey Team increased its overall volume by 27 percent over the previous year and increased the number of loan units closed by 28 percent.

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