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Schmidt Mortgage Company Blog

July New Home Purchase Mortgage Applications 5.1 Percent Higher Than a Year Ago

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More people applied for mortgages to purchase newly built homes in July than they did a year ago, according to data from a recent industry survey. The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) for July 2017 revealed a 5.1 percent increase in mortgage applications for new home purchases compared to a year ago. Since June 2017, applications decreased by 12 percent. According to the MBA, these changes reflect figures that are not adjusted for typical seasonal patterns.

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

NOTE: Schmidt Mortgage Company is a division of Mid America Mortgage. ADDISON, Texas, Aug 07, 2017 (SEND2PRESS NEWSWIRE) — 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

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Mid America Mortgage Promotes Kara Lamphere to Chief Operating Officer

NOTE: Schmidt Mortgage Company is a division of Mid America Mortgage. ADDISON, Texas, Aug 03, 2017 (SEND2PRESS NEWSWIRE) — 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

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Akron

1953 Englewood Ave.
Akron, OH 44312
Phone: (330) 798-4677
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Rocky River

20545 Center Ridge Road
Suite 250
Rocky River, OH 44116
Phone: (440) 356-3242
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Willoughby

35104 Euclid Ave.
Suite 202
Willoughby, OH 44094
Phone: (440) 953-0447
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