Author name: Mid America Mortgage, Inc.

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Mid America Mortgage Adds Pete Jackson as Divisional Director for Wholesale/Non-Delegated Correspondent Channel, Tim Frohock as Regional Director

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ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that Pete Jackson has joined the company as a divisional director and Tim Frohock as a regional director. With more than 30 years of wholesale and correspondent lending experience, Jackson and Frohock will play a critical role in the continued growth and success of Mid America’s wholesale/non-delegated correspondent lending channel.

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Mid America Mortgage Securitizes Its First Ginnie Mae eNote with eCustodian Wilmington Trust

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ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that the company has completed its first Ginnie Mae eNote transaction with Wilmington Trust, an approved and active eCustodian under Ginnie Mae’s Digital Collateral Initiative. Having announced its first eNote transaction in August 2016, this represents the next step in Mid America’s ongoing digital mortgage adoption efforts across its retail, wholesale and correspondent lending channels.

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Mid America Mortgage CFO Michael Kennemer Receives HousingWire’s Inaugural 2021 Finance Leaders Award

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ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that its Chief Financial Officer (CFO) Michael Kennemer has been named to HousingWire’s inaugural 2021 Finance Leaders awards, recognizing the top finance executives driving financial performance, expanding margins, improving liquidity and helping their businesses access capital markets.

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Mid America Mortgage Hires Katherine Carlsen as Underwriting Manager

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ADDISON, Texas — Mid America Mortgage, Inc. announced today that mortgage industry veteran Katherine Carlsen has joined the company as underwriting manager. In her new role, Carlsen will utilize her more than 30 years of mortgage industry experience to lead underwriting for Mid America, enabling the company to sustain its track record of compliant loan origination while maintaining its industry-leading turn times.

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Mid America Mortgage Expands Access to Down Payment Assistance Program to Its Correspondent Partners

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ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced it has added down payment assistance (DPA) to the slate of mortgage products and services offered through its correspondent division. This is an expansion of the DPA program Mid America created for its retail channel in 2019 in partnership with the Rosebud Economic Development Corporation.

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