Wayne Thompson entered the mortgage business in 1973 while still in college. During his first 4 years, he worked in collections, serviced commercial loans, and supervised all servicing activities. In 1977, he began originating residential loans with a peak year of personal production totaling 702 loans. In 1987, Mr. Thompson was hired by a large regional bank to start and manage their local mortgage operation. In the third year, his branch was first in production and second in profitability out of 102 branches. In 1991, he started his own company which he successfully operated for 19 years at which time he decided to pursue consulting opportunities while still originating loans for a local lender. Currently, his consulting work mainly focuses in three areas:
1) Helping depository institutions expand their mortgage operation by adding new products such as FHA, VA, RHS, state housing agency lending, and reverse mortgages
2) Helping existing mortgage operations grow their origination volume through the development of affinity programs with employers and organizations, attracting more builder and realtor referrals, and by creating focused consumer direct marketing.
3) Providing FHA condominium approvals mainly for developers and existing HOA’s
In addition, Wayne has been honored on the national level by the MBA of America and on the state level by the MBA of Kentucky.
Certified Mortgage Banker (CMB), designation in 2004
Certified Senior Advisor (CSA)
Graduate of the School of Mortgage Banking