Tag: Mortgage eNotes
Mid America Mortgage Now Offers eNotes to Non-Delegated Correspondents through its Wholesale Channel
ADDISON, Texas, June 21, 2022 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today it is offering eNotes capabilities via its wholesale channel to enable non-delegated correspondents to operate more efficiently and competitively as they make the transition from mortgage broker to banker. Through this program, third-party originators (TPOs) can deliver the convenience digital closings provide to their customers and enhance relationships with their existing real estate and title partners amidst an otherwise challenging operating environment.
Mid America Mortgage Securitizes Its First Ginnie Mae eNote with eCustodian Wilmington Trust
ADDISON, Texas, June 10, 2021 (SEND2PRESS NEWSWIRE) -- 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.