Awards and Honors, Business, Free News Articles

Mid America Mortgage COO Kara Lamphere Recognized as Leading Female Mortgage Professional by HousingWire, Mortgage Professional

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer (COO) Kara Lamphere has been honored by two mortgage industry media outlets for her contributions to both Mid America and the industry at large.

"I can't say enough good things about Kara Lamphere," said Mid America Owner and CEO Jeff Bode. "Her expertise, drive and determination have been instrumental to Mid America Mortgage's success in advancing our internal and external digital mortgage initiatives, and I am beyond thrilled that she has been recognized for her efforts."

2017 HousingWire Women of Influence:

Lamphere was one of 50 female mortgage industry professionals selected for the 2017 "Women of Influence." She was recognized for her role in leading Mid America's roll out of its eMortgage initiative and eCorrespondent division. In its profile on Lamphere, HousingWire stated, "Lamphere provides leadership across broad areas, including risk, marketing, complaints, fair lending and other regulatory guidelines."

The list, which is in its seventh year, includes representatives from every sector of the housing economy, and winners are chosen by the HousingWire editorial staff based on tangible accomplishments over a 12-month period. This year's honorees had to demonstrate excellence within their organization as well as industry-wide influence via speaking panels, published works, mentorship and volunteer work.

"As the mortgage industry continues to do the right thing - increase diversity in the workforce - the housing finance business will likewise keep moving from strength to strength," said HousingWire Editor-in-Chief Jacob Gaffney. "The progress is undeniable; as the number of influential women in housing grows so does our recognition for the Influential Women of Housing. Our list is bigger and better than ever."

"It's exciting to see the talent represented in this year's Women of Influence winners. These dynamic women represent every part of the mortgage ecosystem and their achievements are vital to the mission of expanding homeownership," Sarah Wheeler, HousingWire Magazine Editor, said. "HousingWire is thrilled to recognize and celebrate their accomplishments as they build better operations, solutions and companies."

For the full list of winners, visit https://www.housingwire.com/articles/40821-women-of-influence-2017.

2017 Mortgage Professional America Elite Women in Mortgage:

Mortgage Professional America (MPA) also honored Lamphere for her work with Mid America's eMortgage and eCorrespondent programs. In its profile on Lamphere, the magazine noted that her efforts in these areas, "translated to reduced turnaround times and improved profitability for originators and correspondents."

Per MPA, the "Elite Women in Mortgage" rankings recognize, "women who have overcome obstacles and broken barriers to become some of the industry's top professionals...record-breakers, innovators, mentors and trendsetters who inspire the success of their peers every day and are using their collective influence to change the face of America's mortgage industry."

To see the full list of this year's winners, visit https://issuu.com/keymedia/docs/mpam_10.03_elite_women_lr.

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 Credit: Jason Gilmore, J&J Studio

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This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Real Estate

Mid America Mortgage Promotes Kara Lamphere to Chief Operating Officer

ADDISON, Texas -- 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.

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Awards and Honors, Business, Free News Articles

Dallas Business Journal Names The Cooksey Team to ‘2017 Best Places to Work’

DALLAS, Texas -- The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today it has been recognized by Dallas Business Journal as one of its "2017 Best Places to Work" in the Dallas-Fort Worth area. More than 500 companies submitted nominations, and only 100 companies were honored.

Now in its 15th year, the "Best Places to Work" award showcases outstanding employers of all sizes in the North Texas region, and winners are selected based on a survey of employees conducted by Quantum Workplace, a third-party research firm specializing in employee engagement and experience.

In the survey, employees are asked to rate their workplace based on six categories, including:

* Communication and resources;
* Individual needs;
* Manager effectiveness;
* Personal engagement;
* Team dynamics; and
* Trust in leadership.

"My philosophy has always been, 'If my staff doesn't succeed, then I have failed,' and that's the approach I've taken from day one," said Michael Cooksey, founder of The Cooksey Team. "Having incorporated The CORE Training methodology into our overall professional development program, I've seen my staff achieve amazing results while also delivering an exceptional customer experience to borrowers, and to have those efforts recognized by not only the Dallas Business Journal, but also my staff is truly an honor."

To view the full list of "2017 Best Places to Work," visit http://www.bizjournals.com/dallas/news/2017/06/26/2017-best-places-to-work.html.

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 nearly $800 million in funded loans 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. 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 $300 million in volume in 2017. For more information on The Cooksey Team, visit http://cookseyteam.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, 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

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This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Government

Mid America Mortgage Purchases eNote from First eClosing Transaction in North Carolina

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.

In a statement issued on May 9, North Carolina Secretary of State Elaine F. Marshall said: "This was our first North Carolina eClosing. It is not our last. We want this to become a regular option for lenders and their customers because of the many advantages eClosing offers versus the slower, traditional paper-based system.... We stand ready to work with all other North Carolina lenders to get them up to speed on this. One thing we all noted during this closing was that even though we tried to make it into a real ceremony -- it was still so fast and easy that we had a hard time not being finished in just a few moments."

"Given Mid America's desire to see full eClosings implemented nationwide, we were happy to play a role in this transaction by serving as the investor for this deal," said Mid America Owner and CEO Jeff Bode.

"We launched our eCorrespondent division with the specific intent of converting emerging mortgage bankers to eClosings and purchasing their eNotes. Having also implemented eClosings in our retail division, we've seen first-hand how eClosings can reduce errors in the closing process, resulting in lower origination costs and more satisfied borrowers. With origination volume expected to decline this year, now is the time for lenders to get on board with eClosings."

"As Secretary Marshall noted, eNotarization is an essential component in moving not just mortgages, but all legal filings, into the digital age," Bode added. "As such, Mid America has been working closely with the Texas Mortgage Bankers Association to move the Texas Remote Notary bill through the state legislature, and we feel confident that eNotarization will soon become legal in the state of Texas."

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/mediaboom/16-0802-jeff-bode-300dpi.jpg

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles

Mid America Mortgage Purchases $2.7 Billion in Mortgage Servicing Rights

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today it has acquired the mortgage servicing rights (MSRs) for $2.7 billion in government loans. The portfolio includes a number of delinquent VA- and FHA-insured loans.

"Mid America has achieved tremendous success in resolving delinquent government-insured mortgages," said Mid America Owner and CEO Jeff Bode. "By purchasing this portfolio, and another like it, we are providing much-needed liquidity to smaller market players that might otherwise not have an outlet for their distressed servicing."

The sale was completed at the end of March, and LoanCare, Mid America's sub-servicer, will take possession of the purchased MSRs on May 2.

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/mediaboom/16-0802-jeff-bode-300dpi.jpg

This news story was published by the Neotrope® News Network - all rights reserved.

Awards and Honors, Business, Free News Articles

Mid America Mortgage CEO Jeff Bode Named Mortgage Industry ‘Vanguard’ by HousingWire Magazine

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) announced today that its Owner and Chief Executive Officer Jeff Bode has been recognized by HousingWire magazine in its second annual HW Vanguard Awards(TM) program.

The awards are designed to recoginize C-level and business unit executives within the housing and mortgage finance sectors based on tangible leadership within their companies and the industry at large. This year, 40 executives were honored

"The HW Vanguards continued to impress going into its second year; the winners are second-to-none, and this list represents the finest cross section of mortgage talent available," said Jacob Gaffney, HousingWire editor-in-chief.

As the magazine noted in its December/January issue, "Our Vanguard winners excel in a variety of skill sets, but all share the ability to energize and mobilize their employees. We asked each of our winners to answer questions about what has made them successful, and many chose to point out that their most valuable resource is not a strategic plan or a key technology - it's the team of people they work with every day."

"Good leadership is as much a reflection of an entire organization as it is an individual," Bode said. "I may be the honoree, but I truly would not be where I am today without the incredible, highly skilled team here at Mid America. They make leading look easy."

About HousingWire

HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors and Trade Association Business Publications International.

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/.

This news story was published by the Neotrope® News Network - all rights reserved.