![\"Click](\"https:\/\/www.send2press.com\/wire\/images\/22-0627-s2p-click-n-close-800x600.jpg\")
Image Caption: Click n\u2019 Close, Inc. logo.<\/em><\/p>\n
\u201cMid America\u2019s passion and focus have always been on driving growth in our third-party origination channels, uncovering untapped market opportunities that deliver value to industry partners and fostering innovation via technology and automation,\u201d Click n\u2019 Close CEO Jeff Bode said. \u201cAs the company moves into its next iteration, we wanted to do so under a banner that would accurately reflect the values and focus of our new direction.\u201d<\/p>\n
In addition to its lending operations, Click n\u2019 Close also plans to enter the mortgage technology space to help lenders realize the benefits of eMortgages. While Click n\u2019 Close will introduce several new products, some of its initial offerings were developed as proprietary, in-house technology under the Mid America Mortgage brand to power the company\u2019s digital mortgage strategy. These products will now be made available to the entire industry to support lenders\u2019 efforts to achieve an end-to-end digital mortgage process.<\/p>\n
\u201cThe investments we\u2019ve made in technology and digital process have paid tremendous dividends, enabling us to save upwards of $300 per loan file. We\u2019ve then been able to channel those savings into additional technology enhancements and the delivery of specialized product offerings to address today\u2019s housing market challenges,\u201d Bode said. \u201cOur focus now as Click n\u2019 Close will be to concentrate these efforts to better serve the mortgage community from both a loan product and a technology perspective.\u201d<\/p>\n
About Click n\u2019 Close, Inc.:<\/strong><\/p>\n Click n\u2019 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\u2019s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n\u2019 Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.<\/p>\n Combining this culture of innovation with a risk management mindset enables Click n\u2019 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\u2019 Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n\u2019 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.<\/p>\n