Mid America Mortgage, Inc., Owner and CEO Jeff Bode recently announced the return of former employee Kara Lamphere as director of correspondent lending to manage both its correspondent lending operations and compliance program.
In addition, she will also oversee the firm’s purchases of investor-rejected TRID loans.
“Kara was a tremendous asset to Mid America Mortgage in her previous role, and we are thrilled to have her back to manage our growing correspondent operations and execute our eMortgage initiative,” Bode explained. “This is one of the most significant hires Mid America has made, and we anticipate she will accomplish big things for Mid America.”
In her new role, Lamphere will manage correspondent operations for Mid America, rolling out the firm’s eNote and eClosing process. She will also manage the operational portion of its government-insured Scratch and Dent business.
“Kara's unique experience of compliance, managing correspondent lending and resourceful thinking will allow Mid America Mortgage to serve many lenders that have minor flaws due to the TRID process,” Bode said.
Prior to her new role, Lamphere served as Mid America's Chief Compliance Officer from July 2012 to July 2014. Since then, Kara was employed at CMG Financial, serving as SVP of Compliance, and later adding the role of managing correspondent lending operations.