Michael Fehrenbacher
President, CEO & Founder
MidWest Funding Bancorp Wholesale Lending
January 1999 – December 2012 | 14 Years
🏢 About the Company
MidWest Funding Bancorp was a national wholesale mortgage banking and brokerage enterprise operating across 23 states. Under the leadership of Michael Fehrenbacher, the company earned recognition as a Top 100 Lender in the U.S., serving as a cornerstone in the wholesale lending space for over a decade.
👨💼 Michael’s Role & Accomplishments
🚀 Founder & Strategic Leader
- Built MidWest Funding Bancorp from the ground up into a multi-state Mortgage Banker/Broker/Title powerhouse.
- Held full P&L responsibility, ensuring both profitability and compliance in all operational areas.
📈 National Expansion & Growth
- Successfully managed 23 state licenses for wholesale lending operations.
- Recruited and led a high-performing team of Account Executives across multiple states.
- Developed and scaled a national wholesale lending division, growing from zero to an average of 75–150 loans/month.
💰 Financial Operations & Partnerships
- Achieved an average of $20 million in TPO (Third-Party Origination) loan volume.
- Secured two $5 million warehouse lines of credit with First Franklin Bank and Access Lending.
- Forged purchasing agreements with financial giants like:
- Countrywide
- Indymac
- Bear Stearns
- Goldman Sachs
- GE Capital
🏠 Mortgage Servicing Division
- Launched a mortgage servicing division, managing $1.5 million in Single-Family Residential (SFR) loans by 2010.
💼 Exit & Sale
In October 2011, successfully sold MidWest Funding Bancorp to FSCM Bank, realizing a profitable exit after 14 years of dedicated leadership and growth.
🏆 Legacy & Impact
Michael Fehrenbacher’s vision and execution positioned MidWest Funding Bancorp as a formidable name in wholesale lending. His ability to scale, lead, and exit strategically continues to serve as a model for leadership in the mortgage and finance industry.
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