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Mid America Mortgage, Inc. announced it has rebranded as Click n’ Close on June 27. The rebrand comes shortly after the sale of its retail lending operations to Legend Lending, which is based in Houston. The multi-stage company, which specializes in Native American home loans, says they will retain retail operations related to its reverse mortgage and Native American lending business. Additionally, the company will focus on delivering innovative down payment assistance (DPA) and adjustable-rate mortgage (ARM) products through its third-party originator (TPO) channels. ....
Mid America will retain its focus on technology, third-party originations and secondary market executions for specialty products while helping the acquirer expand the scope of its operations. ....