michael fehrenbacher

President, CEO, and Founder in MidWest Funding Bancorp

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🏢 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:
  1. Countrywide
  2. Indymac
  3. Bear Stearns
  4. Goldman Sachs
  5. 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.