Awards and Honors, Business, Free News Articles

Mid America COO Kara Lamphere Honored as ‘Tech All-Star’ by Mortgage Bankers Association

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today that Mid America Chief Operating Officer Kara Lamphere was one of four mortgage technology innovators honored by the Mortgage Bankers Association (MBA) as a 2019 MBA Insights Tech All-Star. The award, now in its 18th year, recognizes "industry leaders who have made outstanding contributions in mortgage technology." Lamphere was recognized during a ceremony on Monday, March 25 during the MBA's Technology Solutions Conference & Expo 2019 at the Hyatt Regency in Dallas.

"When Mid America brought me on board to help lead its eMortgage conversion, our goal was simply to engineer a digital process which would deliver the kind of cost and efficiency savings we knew would be key to achieving market longevity," Lamphere said. "Being recognized by my peers and the industry for these efforts is truly an unexpected honor, and I especially want to thank my fantastic team and Mid America's CEO Jeff Bode, without whom this honor would not be possible."

Lamphere was recognized for leading Mid America's recent debut of its consumer-direct digital mortgage application and eClosing platform Click n' Close. By eliminating 85 percent of homebuyers' paperwork, Click n' Close delivers a loan decision within one business day, condenses application-to-closing time to two weeks and cuts closing time to just 15 minutes. As the architect of Mid America's eMortgage transition in 2016, Lamphere's knowledge of the digital mortgage landscape was integral to the platform's development and launch.

Thanks to the digital mortgage process Lamphere has helped put into place, Mid America has experienced at least 25 percent or more in cost savings on a per loan basis and currently accounts for roughly 85 percent of Fannie Mae's total eNote purchases. In 2018, Mid America executed 65.8 percent of its total retail production and 57.8 percent of its combined retail and wholesale production using eClose.

"There was no question in my mind that Kara was the person to lead our digital mortgage strategy, and what she has been able to achieve is truly remarkable," Bode said. "As the true eMortgage draws closer to becoming an industry-wide reality, Kara wields the kind of expertise that places her and Mid America at the forefront of the mortgage industry's digital revolution, and we are proud to call this 'Tech All-Star' one of our own."

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://clicknclose.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, @Click_n_Close

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Advertising and Marketing, Alliances and Partnerships, Business, Free News Articles, Software

Mid America Mortgage Launches Digital Mortgage Platform, Partners with NASCAR, Richard Petty Motorsports

DAYTONA BEACH, Fla. -- Click n' Close(TM), a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR(R)" in addition to becoming a partner of Richard Petty Motorsports.

Click n' Close is Mid America Mortgage's new digital mortgage approval and closing platform that provides home buyers with a fast, simple and secure experience by automating many of the steps of a traditional mortgage process. With Click n' Close, home buyers are able to complete their application within eight minutes and receive an approval within one business day. On average, home buyers approved through Click n' Close reach the closing table in less than half the time of a traditional mortgage process and are able to complete their closing and receive their keys within 15 minutes. To safeguard sensitive information, Click n' Close employs bank-level security, including advanced data encryption, allowing home buyers to safely apply for a mortgage anywhere, anytime, using any device.

"Speed is a familiar concept to NASCAR's powerful community of sponsors and fans, which is why we chose to launch Click n' Close nationally by partnering with NASCAR and Richard Petty Motorsports," said Jeff Bode, owner and CEO of Mid America Mortgage. "Click n' Close is revolutionizing the way we service home buyers and homeowners, and we're confident that the NASCAR community will appreciate how quickly and easily they can now secure a mortgage through Click n' Close."

As part of the agreement with Richard Petty Motorsports, the Click n' Close brand will be featured as a primary sponsor of the No. 43 car driven by Darrell "Bubba" Wallace Jr. for at least three races, making its debut at the 2018 Daytona 500. The No. 43 Click n' Close car will also make appearances at Phoenix Raceway and Texas Motor Speedway.

"We have recently had a lot of positive discussions about our race program in 2018, and having a new partner such as Click n' Close is proof of that," said Richard Petty, co-owner, Richard Petty Motorsports. "Click n' Close is a perfect tool for people who want a faster, more secure way to apply for a mortgage. We feel that Bubba and our team are a perfect fit to help spread their message to NASCAR fans across the country."

Click n' Close was introduced today at the NASCAR Fuel for Business Council meetings taking place in Texas, near Mid America's headquarters. The new Official Partner engaged an exclusive group of nearly 55 Official NASCAR Partners who gather to buy and sell products and services from one another. The business-to-business environment offers unique opportunities for many FORTUNE 500 companies to bypass the time and layers of corporate coordination to construct customized deals that help address specific business needs.

"Click n' Close's multi-faceted sponsorship will be an effective way to introduce its platform to a national audience," said Steve Phelps, executive vice president and chief global sales and marketing officer, NASCAR. "Our fans are the most brand loyal in sports and continue to differentiate NASCAR from other sports and entertainment properties."

In addition to engaging with fellow sponsors, teams and drivers, Click n' Close, will also host key customers and prospects at-track with strategic hospitality events at NASCAR races throughout the year.

The Monster Energy NASCAR Cup Series Playoffs will continue with the AAA Texas 500 at Texas Motor Speedway, Sunday, November 5 at 2 p.m. ET on NBCSN, PRN and SiriusXM NASCAR Radio.

About NASCAR:
The National Association for Stock Car Auto Racing, Inc. (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States. NASCAR consists of three national series (Monster Energy NASCAR Cup Series(TM), NASCAR XFINITY Series(TM), and NASCAR Camping World Truck Series(TM)), four regional series, one local grassroots series and three international series. The International Motor Sports Association(TM) (IMSA(R)) governs the IMSA WeatherTech SportsCar Championship(TM), the premier U.S. sports car series. Based in Daytona Beach, Fla., with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat ('NASCAR').

About Richard Petty Motorsports:
A performance and marketing driven company, Richard Petty Motorsports, co-owned by NASCAR Hall of Famer Richard Petty and successful business entrepreneur Andrew Murstein, is one of the most recognized brands in all of motorsports. With a history of over 200 wins and business partnerships with national and global leaders, today the race operation fields one team in competition in the NASCAR premier series.

About Click n' Close:
Click n' Close is a revolutionary, ultra-secure, digital mortgage approval and closing process that streamlines the mortgage process and passes the savings on to consumers. Through the strategic use of automation, Click n' Close delivers one of the fastest mortgage application and approval processes on the market. Thanks to its eight-minute application process, Click n' Close gets home buyers from application to closing within two weeks and, with just a few clicks at closing, puts keys in their hand in 15 minutes or less.
For more information, visit http://clicknclose.com/nascar.

About Mid America Mortgage, Inc.:
Mid America Mortgage, Inc. (Addison, Texas), the parent company of Click n' Close, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. Mid America Mortgage, Inc. has been helping people finance their home purchases since 1940. Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

*PHOTO for Media: Send2Press.com/300dpi/17-1019s2p-Jeff-Bode-300dpi.jpg
*Photo Caption: Mid America Owner and CEO Jeff Bode.

@midamericamtge @nascar @RPMotorsports

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