Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.
Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday. The lender will also focus on offering down payment assistance (DPA) and adjustable-rate mortgage (ARM) products through its third-party originator channels.
With the firm entering the mortgage tech industry, the lender will offer some of its proprietary, in-house technology, developed under the Mid America Mortgage brand, across the industry for different lenders details ⇒
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