Addison, Texas-based Click n’ Close welcomed Kim Schenck as correspondent manager. In the role, she will be responsible for driving growth of the wholesale and correspondent lender’s down payment assistance program, drawing on her background in lending, loan acquisitions and secondary marketing. She joins the company, which was previously known as Mid America Mortgage, after holding leadership roles at the likes of Essex Mortgage, Freedom Mortgage and Bank of America.
With her appointment, former managing director of correspondent lending, Michael Lima, will again take on responsibilities of leading the company’s whole-loan trading business, a division he formerly headed. In the position, he will create a capital markets strategy as Click n’ Close renews its presence in the whole-loan market. A member of the Click n’ Close team since 2016, Lima was initially tapped to head its purchase and trading strategy in the scratch-and-dent market.
