Latest ReverseVision News
CMBA.com | July 28, 2020
CMBA Member Spotlight
ReverseVision is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company’s comprehensive product suite flexes to lenders’ unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle to meet borrowers where they are in life. Read More.
National Mortgage Professional | June 19, 2020
Reversevision Names Carissa Orozco Director Of Business Development
ReverseVision appointed Carissa Orozco as its new director of business development, strategic partners. Orozco will spearhead strategic integration partnerships that allow traditional mortgage lenders to integrate HECM and private reverse mortgages into the loan qualifying, sales and origination process. Read More.
Scottsman Guide | June 19, 2020
Notable mortgage industry hires and promotions, June 15-June 19
ReverseVision has announced the appointment of Carissa Orozco as director of business development, strategic partners. Orozco will spearhead strategic partnerships that allow traditional mortgage lenders to integrate home equity conversion mortgages and private reverse mortgages into their own processes. Orozco brings 17 years’ mortgage industry experience to ReverseVision, as vice president of reverse sales at United Northern Mortgage Bankers. She has also served as director of learning and organizational development at Synergy One Lending and Retirement Funding Solutions and national senior sales trainer at American Advisors Group. Read More.
Rob Chrisman | June 19, 2020
June 19: Credit, QC, Ops, LO jobs coast to coast…
ReverseVision has filled its newly created Director of Business Development, Strategic Partners position, with mortgage industry veteran Carissa Orozco who will spearhead strategic integration partnerships that allow traditional mortgage lenders to integrate HECM and private reverse mortgages into the loan qualifying, sales and origination process with ease. Read More.
Reverse Mortgage Daily | June 18, 2020
ReverseVision Adds Orozco as Director of Business Development
Reverse mortgage technology platform ReverseVision today announced the hiring of Carissa Orozco as director of business development, strategic partners where she will spearhead strategic integration partnerships that allow traditional mortgage lenders to integrate Home Equity Conversion Mortgage (HECM) and private reverse mortgages into the loan qualifying, sales and origination process. Read More.
MyMortgageMindset | June 16, 2020
The 2020 Thought Leader Award Winners Are …
We just recognized our 10th Annual Innovations Award Winners. Last year we launched the Sales, Marketing & PR Trailblazers Award, The Most Powerful Women In Fintech Award and the Lending Luminary Award. This year all of those awards will be returning, but now we are going even further by adding the Thought Leader Award. Read More.
NEXT Mortgage News | June 11, 2020
Wendy Peel #NEXTPowerhouse award winner
NEXT is proud to announce the winners of our inaugural #NEXTPowerhouseAwards. We received so many amazing inquiries that we expanded beyond our original 50 to highlight these well deserved career-driven women.
These top contenders are making the most of technology, new ideas, and modern advances to keep their companies moving forward. Read More.
Housing Wire | June 1, 2020
Creating Transparency for Reverse Borrowers
Lenders with separate reverse mortgage system doing borrowers a disservice. Read More.
Rob Chrisman’s Daily News | May 14, 2020
Senior Homeowners Turn to HECM Line of Credit as Alternative to HELOC
As Chase, Wells Fargo and others step away from HELOC lending due to current economic disruption, many borrowers need a lender to help them access their (often considerable) home equity reserves. ReverseVision President Joe Langner says this creates opportunity for lenders offering the Home Equity Conversion Mortgage (HECM). Read More.
Reverese Mortgage Daily | May 11, 2020
Why April Reverse Mortgage Numbers Don’t Tell the Full Story
Reverse mortgage endorsement volume for April as reported by the Department of Housing and Urban Development earlier this week indicated a month-over-month decline of roughly 45% — to just over 1,600 loans. But the numbers aren’t reflective of what’s happening in the market, several industry sources have shared with RMD, particularly at a time when many originators are seeing renewed interest among prospects as a result of the COVID-19 pandemic. Read More.
Reverese Mortgage Daily | May 4, 2020
Reverse Mortgage Community Joins Forces to Bring Lost Loan to Fruition
During a time riddled with uncertainty and bad news stemming from the COVID-19 pandemic, several reverse mortgage players recently experienced a bright spot in the midst of the crisis — a collaboration that led to a lost reverse mortgage loan in progress getting back on track. Read More.
Mortgage Bankers Association | March 31, 2020
HECMs Shield Seniors from Investment Sequence Risk in Turbulent Times
Seniors are being especially hard hit by the health and economic impacts of the COVID-19 pandemic. Compounding worries of being among the population’s most vulnerable to the disease is the prospect of premature retirement portfolio depletion due to sequence of returns risk (sequence risk) in a volatile market. Read More.
Mortgage Professional America | March 16, 2020
ReverseVision snatches new president from Blue Sage
ReverseVision has appointed mortgage veteran Joe Langner as the company’s president. Read More.
MBA.org | March 16, 2020
ReverseVision Names Joe Langner President
ReverseVision, San Diego, appointed Joe Langner as president. He will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans. Read More.
National Mortgage Professional | March 11, 2020
Joe Langner Named President of ReverseVision
ReverseVision has announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans. Langner has nearly 30 years of executive experience, driving growth at mortgage technology and software companies. Read More.
Reverse Mortgage Daily | March 11, 2020
ReverseVision Names Former Ellie Mae Exec Langner as President
Reverse mortgage technology platform ReverseVision today announced the appointment of a new President, naming Joe Langner, former executive vice president and chief sales officer at Ellie Mae, to the position. Langner plans to lead the company to fulfill its goals of establishing Home Equity Conversion Mortgage (HECM) and private reverse mortgages as viable options for a lending portfolio next to traditional loans, he tells RMD in an interview. Read More.
HousingWire | March 2, 2020
Announcing: The 2020 HW Tech100 Mortgage and HW Tech100 Real Estate
This year’s Tech100 Mortgage companies are pushing the digital mortgage beyond what was even possible several year ago. Using artificial intelligence and machine learning, and combining it with powerful data and insights, these companies are revolutionizing the mortgage lending process. Read More.
Reverse Mortgage Daily | February 13, 2020
How Technology Can Normalize and Expand the Reverse Mortgage Industry
At a time when reverse mortgage lenders are finding themselves with a broad, more robust product landscape, finding new ways to connect with borrowers and simplify the reverse mortgage process becomes increasingly important. Read More.
Reverse Mortgage Daily | January 22, 2020
OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage
ReverseVision, San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales and origination technology, announced its recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage. Read More.
Housing Wire | January 20, 2020
Mortgage Tech Rundown: Blend, ReverseVision, and Docutech.
ReverseVision, a provider of the Home Equity Conversion Mortgage and private reverse mortgage sales and origination technology, announced their Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage. Read More.
Reverse Mortgage Daily | January 20, 2020
ReverseVision Streamlines Open Mortgage Originations in New Partnership
Reverse mortgage technology platform ReverseVision announced last week a new partnership with cloud-based sales and management platform OptifiNow, which will use ReverseVision’s Loan Import application programming interface (API) to streamline the loan origination process for Texas-based Open Mortgage, a mutual client. Read More.
Reverse Mortgage Daily | January 13, 2020
Tips for Turning Financial Advisors into Reverse Mortgage Partners
Win over Certified Financial Planners CFPs as a referral resource by speaking their language. RVSA can model how HECM lines of credit grow over time and mitigate financial risk. Read More.
NRMLA – Reverse Mortgage | January 21, 2020
Proprietary Products Dominate This Issue of Reverse Mortgage Attempts to Get Behind Some Trends
Industry experts expect to see private reverse mortgages gain market share in 2020. As our CEO John Button weighed in, that’s in part due to lenders’ desire to differentiate themselves. What’s your plan for when the refi boom dissipates? Read More.
Reverse Mortgage Daily | January 26, 2020
Open Mortgage CEO on Growth Efforts, Company Culture
We pride ourselves in helping partners like Open Mortgae, LLC. meet the unique needs of senior borrowers with HECM and private reverse financial products. Read More.
Reverse Mortgage Daily | October 24, 2019
ReverseVision Launches New Strategy, Major Brand Refresh
Reverse mortgage technology platform ReverseVision announced Wednesday it is launching several major platform updates as part of a brand transformation and refresh that will expand product offerings and will position the company as a comprehensive service for mortgage industry players. Read More.
Send2Press Newswire | October 24, 2019
ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference
ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding. Read More.
CMBA’s California Finance News | September 27, 2019
Don’t Let a Technology Gap Separate Seniors from their Retirement Goals
The numbers are striking—data suggests that more than 1 million borrowers over the age of 60 take out a mortgage loan each year. Read More.
HousingWire | September 3, 2019
2019 HW Insider: Jeff Birdsell
Jeff Birdsell is among the reverse and Home Equity Conversion Mortgage industry’s most influential technology experts.
Throughout his career, Birdsell has been instrumental in solidifying ReverseVision’s position as a ubiquitous industry technology that supports more HECM and reverse transactions than all other systems combined. Read More.
National Mortgage News | August 2, 2019
People on the move: Aug. 2
California, San Diego. ReverseVision has appointed Sunny Mahdii to the position of vice president of operations.
Before joining ReverseVision, she was director of operations and business development at American Reverse Group. Read More.
Mortgage Professional America | July 30, 2019
ReverseVision integrates Total Expert’s marketing platform.
ReverseVision, a reverse mortgage technology and training provider, has teamed up with Total Expert to allow lenders to manage their brands and marketing campaigns. Read More.
Mortgage Professional America | July 25, 2019
ReverseVision welcomes new VP of operations.
ReverseVision, a reverse mortgage operation technology developer, has named Sunny Mahdii as vice president of operations. Read More.
HouingWire | July 23, 2019
ReverseVision appoints new VP of operations.
Sunny Mahdii to manage ops strategy for HECM tech provider. ReverseVision, a reverse mortgage technology provider and three-time Tech100 winner, has named Sunny Mahdii as its new vice president of operations. Read More.
RobChrisman.com | July 23, 2019
July 23: CFO, LO jobs; LO training, construction, marketing products; FHA updates & free training.
ReverseVision, known for providing technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced it has appointed Sunny Mahdii to the position of VP of operations and will work with ReverseVision’s professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy. Read More.
MortgageOrb.com | July 22, 2019
ReverseVision Hires Sunny Mahdii as Vice President of Operations.
Sunny Mahdii has joined ReverseVision, a provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, as vice president of operations. Read More.
Reverse Mortgage Daily | July 22, 2019
ReverseVision Names New Vice President of Operations.
Reverse mortgage origination technology developer ReverseVision has announced the appointment of a new vice president of operations. Sunny Mahdii will work with ReverseVision’s professional services, training, implementation, document management and customer success teams to oversee and implement the company’s operations strategy. Read More.
MBA NewsLink | July 12, 2019
TotalExpert, ReverseVision Partner on Reverse Mortgages
ReverseVision, San Diego, announced a partnership with Total Expert, creator of a marketing operation system specifically for banks and mortgage lenders. The companies deployed an API integration that links the Total Expert MOS with ReverseVision’s RV Exchange loan origination platform. Read More.
Reverse Mortgage Daily | July 12, 2019
ReverseVision Launches Marketing Partnership to Drive Reverse Business
Through a new partnership with a widespread mortgage marketing platform, reverse mortgage origination technology ReverseVision is expanding the reach of reverse mortgages. By allowing forward and reverse mortgage originators to automate their marketing outreach to their existing customers, the integration is designed to serve as a bridge that simplifies a customer’s journey toward a reverse. Read More.
Send2Press Newswire | July 10, 2019
Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey.
Integration connects ReverseVision’s flagship loan origination platform with Total Expert’s marketing operation system to empower originators to serve customers for life. Read More.
Mortgage Bankers Association | June 25, 2019
Bringing HECMs Forward: the Best Way to Serve Senior Borrowers
Over the past three years, more than 2,000 lenders and brokers have added the Home Equity Conversion Mortgage to their product mix–yet HECM volume remains a tiny sliver of overall loan production. Read More.
Mortgage Professional America | June 18, 2019
HomeTown Lenders branches out into HECM lending.
Hometown Lenders has announced its plans to roll out a Home Equity Conversion Mortgage (HECM) lending channel. Read More.
MortgageOrb | June 13, 2019
Hometown Lenders Using ReverseVision For Launch of HECM Lending Division.
Hometown Lenders, a Huntsville, Alabama-based, multi-channel mortgage lender with more than 80 branches across 38 states, is using ReverseVision’s RV Exchange (RVX) loan origination system (LOS) and ReverseVision Sales Accelerator (RVSA), for the launch of its new reverse mortgage program. Read More.
HousingWire | June 13, 2019
Alabama-based Hometown Lenders launches HECM division.
Alabama-based mortgage lender Hometown Lenders announced Thursday that it’s launching a reverse mortgage division, employing ReverseVision’s HECM technology to support its effort. Read More.
Reverse Mortgage Daily | June 13, 2019
Hometown Lenders to Launch HECM Lending Channel, Partner With ReverseVision
Hometown Lenders, an 80-branch mortgage lender, will be launching a reverse mortgage division with the support of ReverseVision. Read More.
Mortgage SAT | June 13, 2019
Why Do Independent Lenders Beat Big Banks in Customer Satisfaction?
Why do many independent mortgage bankers (IMBs) beat large banks when it comes to satisfying their borrowers? Learn more in this months MortgageSAT Monthly Tip. Read More.
National Mortgage Professional | May 23, 2019
N.C. Bank Launches HECM Division
Greensboro, N.C.-based Blue Ridge Bank has teamed with ReverseVision, the San Diego-headquartered provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, to launch a new division focused on HECMs and reverse mortgages. Read More.
Rob Chrisman’s Daily Mortgage News & Commentary | May 23, 2019
AE, LO, Ops jobs; construction, subservicer, reverse products; technology options report
Tech & vendor news
Blue Ridge Bank, N.A. Mortgage Division has partnered with ReverseVision to launch a HECM and reverse lending division that will expand the number of financial planning options offered to the depository lender’s senior customers. Read More.
Mortgage Professional America | May 23, 2019
ReverseVision partners with Blue Ridge Bank to launch reverse mortgage division
Blue Ridge Bank has announced its plan to launch a reverse mortgage division in partnership with HECM technology provider ReverseVision. Read More.
HousingWire | May 22, 2019
Blue Ridge Bank Partners With ReverseVision on Reverse Mortgage Division Launch
North Carolina-based Blue Ridge Bank announced this week that it has partnered with HECM technology provider ReverseVision to launch a reverse mortgage division. Read More.
Reverse Mortgage Daily | May 21, 2019
Blue Ridge Bank Partners With ReverseVision on Reverse Mortgage Division Launch
Through a partnership with ReverseVision, Blue Ridge Bank announced this week the launch of its reverse mortgage division. Blue Ridge has extensive experience operating in the forward mortgage space, having closed more than $25 billion dollars in forward residential home loans. Read More.
Reverse Mortgage Daily | May 16, 2019
New ReverseVision Calculator Works to Normalize Reverse Mortgages
Through the launch of a new loan comparison tool announced this week, reverse mortgage software provider ReverseVision is taking aim at the way originators and borrowers view reverse mortgages in the current lending environment. Read More.
National Mortgage Professional Magazine | May 15, 2019
ReverseVision Launches Interactive Comparison Tool
ReverseVision has announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA), an interactive tool that allows loan originators to give consumers side-by-side comparisons of how HECMs and their unique features perform against other home equity loan products over the projected life of the loan. Read More.
HousingWire | May 15, 2019
ReverseVision launches interactive comparison tool for reverse mortgages
Allows users to assess the HECM versus HELOC and other loans.
ReverseVision has long been on a mission to elevate reverse mortgage technology to encourage more borrowers and traditional loan officers to consider the product.
Now, the three-time HW Tech100 winner is upping its game with the launch of a new loan comparison product that enables users to weigh a HECM against a HELOC or a first- or second-lien mortgage. Read More.
HousingWire | April 2, 2019
HousingWire 2019 Tech100 winners: ReverseVision
HousingWire’s Tech100 nominations continue to grow more competitive each year, and this year was no exception. From innovative startups to technology giants – this year’s winners continue to push the edge of innovation to move markets forward. An appraisal in hours, not days? Professional photos at your fingertips? The future is here, and it’s because these companies continue to push the limits of possible. Here are the companies with the most impactful technology in the housing industry, the 2019 HousingWire Tech100 winners. Read More.
MBA NewsLink | March 19, 2019
Equity Elite Now Available through ReverseVision
Reverse Mortgage Funding LLC, Bloomfield, N.J., announced its proprietary product Equity Elite is now available in ReverseVision’s flagship loan origination system, ReverseVision Exchange. Read More.
MortgageOrb | March 19, 2019
RMF’s Equity Elite Product Now Available Via ReverseVision’s RVX.
Reverse Mortgage Funding’s proprietary product, Equity Elite, is now available in ReverseVision’s flagship loan origination system, ReverseVision Exchange (RVX). Read More.
Housing Wire | March 15, 2019
Reverse Mortgage Funding reduces fees, broadens broker access to a proprietary reverse mortgage.
Have you heard? As part of our efforts to support growing interest in non-agency products, we’ve partnered with @Reverse Mortgage Funding to make their Equity Elite proprietary product available through RVX. Read More.
Reverse Mortgage Funding | March 14, 2019
Reverse Mortgage Funding’s New Proprietary Product Now Accessible Through ReverseVision.
Reverse Mortgage Funding LLC (RMF) has announced that their proprietary product Equity Elite is now available in ReverseVision’s flagship loan origination system, ReverseVision Exchange (RVX). Equity Elite increases access to home equity for older homeowners and homebuyers who are not being served by the Home Equity Conversion Mortgage (HECM) program. Unlike the HECM, Equity Elite offers lending limits of up to $4 million, no mortgage insurance premiums, and the ability to lend on non-FHA approved condominiums and planned unit developments (PUD). More than just a “jumbo” loan, the product not only enables those with higher-value homes to access more home equity than is possible with a HECM, it also serves a broader scope of borrowers who are sensitive to higher up-front costs. Read More.
Reverse Mortgage Funding | March 12, 2019
Equity Elite, Reverse Mortgage Funding LLC’s new proprietary product, now accessible to originators through ReverseVision.
Bloomfield, N.J., March 12, 2019 — Reverse Mortgage Funding LLC (RMF), one of the nation’s leading reverse mortgage lenders and the #1 HECM-backed securities (HMBS) issuer for 20181, today announced that their proprietary product Equity Elite is now available in ReverseVision’s flagship loan origination system, ReverseVision Exchange (RVX). Read More.
Reverse Mortgage Daily | March 12, 2019
RMF Updates Equity Elite Jumbo to Reduce Fees, Closing Costs.
Reverse Mortgage Funding (RMF) announced Tuesday that it is making changes to its proprietary product Equity Elite, including a reduction in origination fees and borrower closing costs—available through its third-party origination (TPO) broker channel. The company is also integrating Equity Elite through the ReverseVision reverse mortgage software platform. Read More.
Reverse Mortgage Daily | March 12, 2019
Reverse Mortgage Funding LLC approved originators can now use RVX to access their newly enhanced Equity Elite product.
“ReverseVision is committed to equipping our industry’s lending professionals with top-of-the-line technology delivering an exceptional experience to senior borrowers by matching them with financial products best suited for their retirement goals,” says our President and CEO @John Button. “We are elated that Equity Elite has joined a growing list of proprietary products on our platform that supports mortgage brokers’ needs. Read More.
NEXT Mortgage Events LLC | March 11, 2019
ReverseVision Voted ‘Best in Show’ by Attendees of NEXT Women’s Mortgage Event in February.
NEXT Mortgage Events LLC, a creator of events for women mortgage executives, has announced that ReverseVision has been voted Best in Show for the live technology showcase at its February 2019 technology conference. This distinction is awarded to the technology showcase participant that presented the most compelling solution, as determined by attendee vote. Read More.
Housing Wire | February 28, 2019
These tech solutions are helping reverse mortgage players up their game
It’s been widely stated in the mortgage space that lenders need to invest in tech in order to survive in this climate.
But while the traditional mortgage world has a plethora of technology solutions, the reverse mortgage space does not. Read More.
National Mortgage News | January 28, 2019
Outlook for reverse mortgages improves as government shutdown ends
Home equity loans the Federal Housing Administration offers to older borrowers are in a better position now that the government shutdown has temporarily ended. Read More.
HousingWire | October 15, 2018
ReverseVision launches first-ever HECM borrower satisfaction benchmark
As part of its continued mission to improve reverse mortgage origination, technology provider and 2018 HW Tech100 winner ReverseVision has launched the industry’s first-ever HECM borrower satisfaction benchmark. Read More.
National Mortgage Professional Magazine | October 12, 2018
Congratulations to Wendy Peel, “Mortgage Banking’s Most Powerful Women.”
This month, we present to you our inaugural list of “Mortgage Banking’s Most Powerful Women.” Honorees were selected based on their accomplishments where they were instrumental to a major industry innovation. Read More.
NMP media | September 20, 2018
What to Expect When HECM Expected Interest Rates Change.
Over the past several years, we’ve seen expected interest rates for Home Equity Conversion Mortgages (HECMs) fluctuate from week to week, yet principal limits have remained constant. Read More.
Housing Wire | September 17, 2018
Adopting HECMs as a “generational lending” strategy.
Why LOs need to include reverse mortgages in their product offerings.
You help a first-time homebuyer get into that starter house. Then, you help them refinance and lock in a lower rate. Then, you help then secure a HELOC so they can finance some renovations.
But then what? Is that the end of the road for you and this client you have worked with for so many years? Read More.
Rob Chrisman | September 14, 2018
Cap. mkts, AE, LO jobs; trailing doc, tax, reverse products; vendor news; new lender programs
“Rob, the number of vendors at mortgage conferences seems to be growing. Any idea how many vendors (vs. lenders) there are?” I had no idea but turned to Ginger Bell who keeps up with such things. She replied, “We’ve counted more than 1,400 that are specific to residential lending! And that doesn’t even count those outside of the industry that lenders may use such as insurance, payroll, etc.” Good luck keeping up with them. If your company doesn’t have a dedicated vendor manager, who’s in charge of deciding if, why, where, and when to use certain vendors? The CEO? Does she have time for vetting them? Read More.
Forbes | August 30, 2018
New York Life Insurance Brings New Innovations To Long-Term Care Insurance Market
The development and rollout of new standalone long-term care insurance products has been almost non-existent for a decade. Aiming to break that trend, New York Life Insurance Company recently rolled out a new and innovative long-term care insurance product. This new product brings a shot in the arm to a market that has suffered a number of challenges over the past decade, as many large and reputable insurance companies have pulled out of the market and total sales have dropped significantly. Read More.
MBA Insights | August 30, 2018
Don’t Forget the Boomers
It’s no surprise that mortgage professionals invest time and money into attracting Millennials. But situated at the opposite end of the consumer lifecycle from Millennials are the Baby Boomers, and they are an attractive prospect for mortgage lenders who understand their unique needs. Read More.
Reverse Mortgage Daily | August 29, 2018
Reverse Mortgage Software Providers Bring New Private Products Aboard
The reverse mortgage industry has seen a flood of new proprietary products this summer, and key software vendors have taken steps to upgrade their systems to keep pace with the changes.
ReverseVision last week announced a program that allows lenders to incorporate their products into the San Diego-based company’s software within eight to 10 weeks, while fellow vendor Bay Docs already has developers working to fold One Reverse Mortgage’s Home Equity Loan Optimizer (HELO) into its Reverse Express origination system. Read More.
Reverse Mortgage Daily | August 24, 2018
ReverseVision Folds Proprietary Reverse Mortgages into Origination Software
Reverse mortgage software firm ReverseVision this week announced expanded services aimed at the burgeoning proprietary market.
Under the San Diego-based ReverseVision’s new proprietary outreach initiative, lenders can submit a packet of information about their individual private loans. Within eight to 10 weeks, that product will be fully incorporated into the company’s RV Exchange loan origination software, with lenders able to adjust certain factors — such as margins — independently on an ongoing basis. Read More.
National Mortgage Professional | August 24, 2018
ReverseVision Debuts Proprietary Reverse Mortgage Service
ReverseVision stated that participating lenders can submit a completed proprietary products questionnaire to initiate a setup that will be configured within the company’s RV Exchange loan origination system. A support staff that specializes in assisting lenders with proprietary products can perform more complex adjustments and answer customer inquiries related to these new offerings. According to the ReverseVision, proprietary reverse mortgages can help seniors with home values much greater than the HECM maximum claim amount of $679,650, and it can also offer more flexibility on HECMs for condominiums. The company added that proprietary products can open lending to borrowers younger than HECM’s minimum age of 62. Read More.
MBA Insights | July 10, 2018
To Protect Market Share and Better Serve Borrowers, Offer a Wider Range of Loan Products
The mortgage market outlook for the rest of 2018 is a sobering one, with residential volume significantly impacted by rising interest rates and a corresponding decline in refinance activity. The purchase market has remained essentially flat in recent weeks following the Fed’s approval of its sixth interest-rate hike since the financial crisis. According to a statement issued by the Mortgage Bankers Association late last year, the average mortgage lender can expect to be working with 20-25% less volume in 2018 than it did in 2016. Read More.
Mortgage Compliance Magazine | July 9, 2018
Are Erroneous Notions about HECM Document Requirements Standing Between You and Lifetime Borrowers?
Many mortgage lenders recognize that the Home Equity Conversion Mortgage (HECM) could serve their baby boomer borrowers well, yet hesitate to add the product to their lending portfolios due to concerns that HECM mortgages are either too risky or too different to warrant the cost of adoption. This misconception that HECM loans are risky arises from old information that predates the regulatory reforms that have transformed the program. The belief that HECM lending documents are more complicated or time-consuming to process than traditional mortgage documents is simply untrue. Read More.
HousingWire | June 1, 2018
ReverseVision Product Manager Jason Price Named a 2018 HousingWire Rising Star
“Jason’s unique perspective enables him to diagnose industry challenges and develop innovative solutions that impact the way the industry thinks about HECM lending,” said John Button, president and CEO of ReverseVision. “He has demonstrated tremendous leadership in charting the course of ReverseVision’s product development. His recognition as a HousingWire Rising Star is well deserved.”
Price is profiled in the June issue of HousingWire magazine. To view the full list of 2018 HW Rising Stars™ honorees, visit.
MortgageOrb | May 3, 2018
Dispelling Reverse Mortgage Barriers to Entry
Rachel L. Smith, J.D., a compliance analyst for ReverseVision, said that one such misconception is that lending documents for these loans are complicated. Although it is true that there are some distinctions between HECM docs and traditional mortgage docs, this should not deter a lender from adding this product to its offerings. What follows are some of the key differences between HECM products and traditional forward mortgages.
Reverse Mortgage Daily | April 25, 2018
ReverseVision Completes Integration with Allegiant Reverse Services
“Our partnership with ReverseVision supports ARS’ ongoing effort to provide exceptional efficiency of service,” Hafenstein said. “Now, ARS customers can reap the benefits of a more cohesive and simplified HECM process by placing orders and managing documents directly within RVX.”
MBA Insights | April 19, 2018
MBA Insights Tech All-Star Wendy Peel: Changing Perceptions
By adding HECM to their product mix, she emphasized, lenders can more responsibly serve the full spectrum of home-equity lending situations—an approach she has dubbed Generational Lending.
eNewsChannel | April 17, 2018
ReverseVision Vice President of Sales and Marketing Wendy Peel Honored
with MBA Insights 2018 Tech All-Star
“My job is bigger than simply leading the sales and marketing efforts of ReverseVision,” said Peel. “I’ve made it a priority to right the reputation of the HECM and encourage mortgage lenders of every stripe to add HECMs to their product mix in order to serve the generational mortgage needs of the full spectrum of homeowners. I am honored to be recognized for this work among such a prestigious group of industry peers.”
MBA Insights | April 16, 2018
Meet the 2018 MBA Insights Tech All-Stars
“Technology is driving remarkable innovations and efficiencies in real estate finance,” said MBA Vice Chairman Brian Stoffers, CMB. “MBA is pleased to recognize the men and women making significant technological contributions to the mortgage industry.” Now in its 17th year, the MBA Insights Tech All-Star Awards recognize industry leaders who have made outstanding contributions in mortgage technology. A record 40 technology innovators were nominated this year.
HousingWire Magazine | April 2, 2018
2018 HW Tech100 Winner: ReverseVision
ReverseVision’s RV Exchange, which connects all industry users to one platform, is honored to wins its third HousingWire Tech 100 award.
National Mortgage News | March 20, 2018
Reverse Mortgages Surge at Ginnie Mae
The recent spikes in HMBS volume reflect a rush by lenders to originate HECMs prior to regulatory changes last fall, said Wendy Peel, a vice president at mortgage technology vendor ReverseVision.
National Mortgage News | March 13, 2018
ReverseVision Partners with DataVerify to Help HECM Lenders
Improve Loan Quality, Reduce Repurchase Risk
“ReverseVision is committed to equipping our lender customers with top-of-the-line tools for optimizing loan quality and efficiency,” said ReverseVision Vice President of Sales and Marketing Wendy Peel.
March 14, 2018
ReverseVision’s Sold-Out Third Annual User Conference Equips New and Experienced HECM Lenders
with Data-Driven Insights
“RV User Con is a game changer for UNMB’s reverse mortgage business. Sponsoring this year’s conference gave us the valuable opportunity to get in front of potential job candidates and network with our peers in the industry,” said Elly Johnson, COO and Vice President of reverse lending for United Northern Mortgage Bankers (UNMB).
National Mortgage News | March 6, 2018
FHA Lenders Warming Up to Reverse Mortgages for New Home Purchases
“I think lenders will increase their business with all this,” said Dan Hultquist, a director at ReverseVision. “Borrowers can move in the moment the house is complete.”
Mortgage Professional America | February 8, 2018
MPA Magazine Names Wendy Peel Among Its Hot 100 Movers and Shakers in the Mortgage Industry
Peel has firmly established ReverseVision as the HECM market’s most dynamic and leading origination platform. Peel also developed a strategy of outreach and education to normalize HECM loans in the minds of both depository and mortgage bank lenders by emphasizing the commonalities between FHA-insured first-time homebuyer programs and the FHA-insured HECM program. See page 7 for details.
Reverse Mortgage Daily | February 7, 2018
‘Generational Lending’ Takes Focus as Key to Reverse Mortgage Growth
“If the adult kids are brought to the initial discussion, then the borrower passes away, who are they going to call? You,” said Bob Talpas, account manager for ReverseVision. “They have seen you build trust with the borrower. That’s generational lending. Maybe [the kids will want to keep the home] and will do the refi with you.”
Reverse Mortgage Daily | February 7, 2018
Remembering Jeff Taylor, Industry Leader, Wells Fargo Veteran and ReverseVision Board Member
“He had a passion for what we do,” said John Button, CEO of ReverseVision, during opening remarks for the company’s annual UserCon conference in San Diego Wednesday morning. “He was an infectiously positive person and a great guy to be around.”
Reverse Mortgage Daily | January 17, 2018
Fox Business Host Bob Massi Says Reverse Mortgage Pitches Need Refining
In an upcoming presentation to industry members attending ReverseVision’s UserCon next month, Massi plans to help industry members understand their audience, including how professionals should present the product and how they can improve the sales process, including special emphasis on the HECM for Purchase product.
Reverse Mortgage Daily | January 11, 2018
RMD Review: Updated Reverse Mortgage Book Breaks Down New Landscape
Author Dan Hultquist released “Understanding Reverse — 2018” at the start of the new year, providing an update of his regular series of educational books on Home Equity Conversion Mortgages.
Digital Journal | December 19, 2017
ReverseVision Names New CTO and VP of Operations to Senior Management Team
“We are pleased to welcome two highly experienced leaders to our senior management team,” said ReverseVision President and CEO John Button. “Through their respective roles in technology and operations oversight, Jim and Stacey will each play a significant role in helping ReverseVision achieve our operational goals, drive positive customer experiences and lead the business into the future.”