Latest ReverseVision and Industry News
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.”
MortgageSpeak | November 14, 2017
ReverseVision Announces STRATMOR Group’s Jim Cameron as UserCon 2018 Day One Special Session Guest Speaker
“We are honored to have Jim Cameron as a special session speaker since UserCon 2018 is primarily about delivering unique, worthwhile and practical guidance for lenders that want to create highly-efficient and productive HECM operations by leveraging a Generational Lending business strategy coupled with ReverseVision product solutions,” said ReverseVision Vice President of Sales and Marketing Wendy Peel.
Reverse Mortgage Daily | November 7, 2017
ReverseVision, Premier Reverse Closings Announce Partnership
“Through our partnership with PRC, RVX users can now easily and efficiently request specialized title services from the nation’s leading expert in reverse mortgage closings,” ReverseVision vice president of sales and marketing Wendy Peel said in a statement.
Scotsman Guide | October 2017
HECM Is Going Mainstream: Common Themes Bridge the Gap Between Reverse and Forward Mortgages
Wendy Peel, VP of Sales and Marketing says that by viewing HECM products through a more holistic lens, mortgage originators may discover that forward and reverse mortgage strategies have more in common than they previously believed. In fact, these products often work best in harmony with one another.
NMN Digital Conference | September 2017
ReverseVision Demos Only Reverse Mortgage Technology at NMN Digital Conference
Wendy Peel, VP of Sales and Marketing and Jason Price, Product Manager gave a terrific demonstration of ReverseVision’s RV Exchange (RVX) software at the NMN Digital Conference in San Francisco September 28 to a crowd of 200. Check it out!
Reverse Review | October 2017
Feature: Shifting into Reverse
ReverseVision is promoting HECMs to the forward community with its Generational Lending strategy. The concept revolves around the idea that reverse mortgages are the logical next step in the cycle of one’s lending life, and that traditional lenders should be engaging their older customers in discussions about how a HECM can play a part in their retirement.
National Mortgage News | September 27, 2017
Reverse Mortgage Demand Spikes Ahead of HUD Rule Change
“Applications have increased at least 12% from Aug. 25 to Sept. 25, echoing the flurries of activity we saw following the introduction of changes to the program in the past, such as HECM60 and Financial Assessment,” said Wendy Peel, a vice president at the San Diego technology firm.
Mortgage Orb | September 13, 2017
HUD Changes The Rules For HECMs, Again
So, will this slew of recent rule changes benefit borrowers? And will they help reduce the potential for losses in the MMIF? Dan Hultquist, director of learning and development for ReverseVision, a provider of origination technology to the reverse mortgage industry, gives MortgageOrb his perspective.
Reverse Mortgage Daily | September 6, 2017
Reverse Mortgage Software Companies Report 2017 Influx
Today, the 50 direct-user companies that have have licensed the software amount to double or triple the number seen in previous years, Peel said. And these users aren’t just doing one-offs; they’re actively attempting to learn about the products and incorporate them into their offerings.
HousingWire | September 1, 2017
Insiders Award Program 2017: Jason Price
“Jason’s strategic thinking, broad problem-solving skill set and passion for client service have helped secure ReverseVision’s place as the undisputed leader in reverse mortgage technology,” said John Button, President & CEO of ReverseVision.
Reverse Mortgage Daily | August 31, 2017
What HUD’s New Rules Mean for the Reverse Mortgage Industry
The expected rate “floor” at 5.06% has collapsed, with every one-eighth of a percent difference in expected rate influencing the principal limit all the way down to 3%. This will likely require lenders to lower their margins in order to achieve higher principal limits, according to Dan Hultquist, director of learning and development at ReverseVision.
Forbes.com | August 29, 2017
CFPB Releases Misleading Report On Social Security Deferral Strategies
According to Jamie Hopkins, ReverseVision Board Member and Co-Director of the American College’s New York Life Center for Retirement Income, “The report is wrought with other mistakes as well. It overestimates reverse mortgage costs, origination fees, and servicing fees in order to show a more expensive product than exists today.”
National Mortgage Professional Magazine | August 14, 2017
Will Higher Rates Reduce Loan Volume? Depends on if You have HECMs in Your Product Mix
While the dominant “Forward” product is the 30-year Fixed Rate Mortgage (FRM), almost all HECMs are Adjustable Rate Mortgages (ARM). This is because HECM ARMs allow “open-end credit” where the borrower can draw what they need, when they need it, says Dan Hultquist, MBA, CRMP and Director of Learning and Development at RevereseVision.
Press Release | August 9, 2017
Western Ohio Mortgage Corp Selects ReverseVision’s RV Exchange LOS
According to WOMC President Teresa Rose, the move to RVX coincides with growing interest in HECM origination among WOMC’s loan officers, particularly when it comes to the HECM for Purchase.
Reverse Mortgage Daily | August 7, 2017
Answer to LIBOR Question Written in Reverse Mortgage Notes
“If the Index is no longer available, Lender will use as a new Index any index prescribed by the Secretary,” the document continues — essentially saying that the lender can simply switch to the already-approved Constant Maturity Treasury rate, which remains HUD-certified for use.
HousingWire | August 1, 2017
2017 Women of Influence: Wendy Peel
“Wendy has been very influential in the HECM lending niche since joining us in 2015,” said ReverseVision President and CEO John Button. “Since then, she has led our efforts to encourage HECM lending by traditional lenders and banks. Her generational lending strategy is resonating with these businesses, and we are beginning to see an influx of new players entering the reverse mortgage space.”
Reverse Mortgage Daily | July 27, 2017
How the Death of LIBOR Will Affect Reverse Mortgages
“Nearly all HECM ARM business has been tied to the LIBOR indices over the last decade,” Dan Hultquist, director of learning and development at ReverseVision, told RMD in an e-mail.
Forbes.com | June 30, 2017
The New York Times Got It Wrong About Reverse Mortgages
Read board member Jamie Hopkins’ Forbes article where he explains that not only is the New York Time’s statement wrong, it also perpetuates a harmful and damaging common misconception about reverse mortgages.
Reverse Review | June 16, 2017
Feature: Industry Innovators—Teaching a HECM Sales Strategy to Traditional Lenders
Wendy Peel, VP of sales and marketing, says the Generation Lending™ strategy is designed to position the HECM as a natural step for consumers. “What we want to do is normalize the HECM program,” she says. “We’re putting training programs around forward sales people to help them start selling this way.”
Reverse Mortgage Daily | June 12, 2017
Reverse Mortgage Industry Sees Signs for Positive Growth Ahead
The San Diego-based firm has recorded a 14% increase in its active user base between November 2016 and March of this year, a metric that ReverseVision vice president of sales and marketing Wendy Peel says is a more accurate indicator of demand in the reverse mortgage marketplace.
National Mortgage News | June 6, 2017
Kiel Mortgage Selects ReverseVision RVX Loan Origination Software to Support Expansion of Its HECM Division
“As both a dedicated originator of HECM loans and passionate advocate for borrower and industry education, Kiel Mortgage represents the very best in reverse mortgage lending. We are thrilled to help facilitate their growth in the reverse mortgage space,” said ReverseVision Vice President of Sales and Marketing Wendy Peel.
Mortgage Orb | June 6, 2017
Skyline Financial Launching Reverse Mortgage Division, Selects ReverseVision
“The HECM is often overlooked as a viable home-equity alternative, and it’s especially underutilized as a means of purchasing a home,” says Joe Rinner, division vice president for Skyline, in a release. “By growing our retail efforts and expanding HECM products to our wholesale channel, we can better serve the needs of Skyline customers.”
Reverse Review | May 16, 2017
Feature: Training to be the Best
“There are certain questions that develop a rapport, and one of the biggest ones is asking about their family. Do they want to be involved in the transaction? It’s a great rapport-building question, but it also helps you find out if somebody else is pulling the strings here. Is somebody else going to sabotage this loan? If so, you need to know upfront so you can communicate with that individual,” Hultquist says.
Reverse Mortgage Daily | April 24, 2017
ReverseVision Takes Reverse Mortgage Training Program Live
“Normalizing this product so that more traditional lenders see HECMs as a natural addition to their product offerings will be key to our industry’s continued growth and success,” Peel said.
National Mortgage News | April 6, 2017
Atlantic Coast Mortgage Selects ReverseVision RVX Loan Origination Software for HECM Division
“Atlantic Coast Mortgage is a highly respected and growing regional lender, and we are delighted to facilitate their entry into the reverse mortgage business,” said ReverseVision Vice President of Sales and Marketing Wendy Peel. “The ACM team will benefit from technology that supports the entire reverse mortgage process from end to end, and its customers will gain access to a home-equity option that opens new doors for purchasing a home or extending retirement income.”
Reverse Review | April 2017
Succeeding With Traditional Lenders by Playing Their Tune
“This trend toward HECMs as a commonly offered mortgage product is likely to continue for years to come, especially as rising interest rates drive traditional players to seek products that can replace their dwindling refi businesses,” said Wendy Peel, VP of Sales & Marketing at ReverseVision, in an April 2017 tech article she authored.
National Mortgage News | March 16, 2017
ReverseVision’s Second Annual User Conference Draws Newcomers to Reverse Mortgage Industry
“Shifting interest rates are encouraging mortgage bankers to find a replacement for their dwindling refi businesses. Considering the more than six trillion dollars in home equity currently held by baby boomers, this lending product cannot be ignored as a viable product line serving a growing population,” said Wendy Peel, VP of Sales and Marketing at ReverserVision.
Mortgage Orb Magazine | March 15, 2017
Industry Reacts To President Trump’s Proposed $6 Billion Cut To HUD Budget
John Button, president of ReverseVision, said in his view, the proposed cuts “will impact those [consumers] least able to seek alternatives at a time when they are likely to be experiencing economic challenges from changes in other programs.”
HousingWire Magazine | March 2, 2017
ReverseVision Named to HousingWire’s HW TECH100 for Second Time
“HousingWire’s Tech100 program is widely recognized as a ‘who’s who’ of mortgage technology innovators, and we are honored to make the list for a second time,” said John Button, president and CEO of ReverseVision. “ReverseVision is proud to support our lenders and brokers as the industry’s source of reverse mortgage innovation in technology, education and thought leadership.”
Reverse Mortgage Daily | February 28, 2017
Reverse Mortgages in 2017: Has the Industry Hit a Breaking Point?
After talking to a few companies coming into the space at the event (UserCon 2017), it was clear they were attending to educate themselves on reverse mortgages as a new line of business that was going to supplement their forward volume, said RMD editor John Yedinak.
MPA Magazine | February 6, 2017
Second Annual ReverseVision Event Attracts New Reverse Mortgage Blood
“Our goal was to up the game,” says Wendy Peel, vice president of sales and marketing for ReverseVision. “Let’s bring in the new blood and treat this product the way it deserves to be treated—as a smart wealth management and retirement planning tool.”
MPA Magazine | February 6, 2017
ReverseVision’s Own Jeff Birdsell, VP of Professional Services Named to MPA Hot 100 List 2017
MPA Magazine recognizes the 100 people who are having the biggest impact on America’s mortgage industry. Check out Jeff on page 18.
Read more and see complete list.
Reverse Mortgage Daily | January 19, 2017
ReverseVision Names Kelly Kelleher Director of Corporate Marketing and Events
“Kelly’s accomplishments in driving strategic direction with detail-oriented execution will only continue to enhance and strengthen ReverseVision’s position as the industry leader,” said ReverseVision Vice President of Sales and Marketing Wendy Peel.
January 18, 2017
ReverseVision Distributes Food to San Diego County’s Hungry
“This activity was a rewarding way for ReverseVision to honor our commitment to serving our local community while spending time together as a team,” said ReverseVision president and CEO John Button. “We support the San Diego Food Bank’s mission and look forward to our next day of service.”
Secondary Marketing Executive | November – December 2016
FHA’s MMI Fund Sees Strong Growth but Instability Persists in HECM Portfolio
Learn what experts in the industry, including RV Professional Services VP Jeff Birdsell, have to say about this industry concern.
Reverse Mortgage Daily | December 16, 2016
ReverseVision CEO John Button Joins NRMLA Board of Directors
“John’s strong background in mortgage technology and deep experience in compliance make him an ideal candidate to serve on the NRMLA board,” said Joseph P. DeMarkey, strategic business leader of Reverse Mortgage Funding LLC, who serves as co-chair of the NRMLA board of directors.
HousingWire | December 2, 2016
2016 HW Vanguard Award Winners List Includes President & CEO, John Button
John Button is a B2B executive, investor and entrepreneur with more than 30 years’ experience in technology and business development strategies. As president and CEO of San Diego-based ReverseVision, he also happens to be leading the reverse mortgage industry into its renaissance.
Mortgage Orb | December 1, 2016
Box Home Loans Launches Reverse Mortgage Program
“Huge numbers of baby boomers are rapidly approaching retirement and looking for ways to stretch their savings,” says McKay Shoell, senior vice president for Box Home Loans, in a release. “Soon, it will be commonplace for consumers and financial planners to consider home equity options like HECM as part of their financial approach to retirement, along with income, social security and retirement.”
Mortgage Orb | November 15, 2016
FHA’s MMI Fund Sees Strong Growth, But Instability Persists In HECM Portfolio
“As an industry, we are reaching out to HUD to better understand how their accounting methodology works and what has changed,” Jeffrey M. Birdsell, CMB, vice president of professional services for ReverseVision, tells MortgageOrb. “ReverseVision has implemented all the changes HUD has made to the structure of the HECM product, including support for financial assessment and non-borrowing spouses, all of which support the preservation of the MMI fund.”
Reverse Mortgage Daily | November 14, 2016
Utah Lender Taps ReverseVision to Support New Reverse Mortgage Business
“Huge numbers of Baby Boomers are rapidly approaching retirement and looking for ways to stretch their savings,” McKay Shoell, senior vice president of Box Home Loans, said in the press release. “Soon, it will be commonplace for consumers and financial planners to consider home equity options like HECM as part of their financial approach to retirement along with income, social security and retirement.”
Reverse Mortgage Daily | October 26, 2016
ReverseVision Adds ServiceLink Flood Products to RVX System
“We are always looking for opportunities to partner with the providers our customers know and prefer. Ultimately, our goal is to make the ordination of reverse mortgage in RVX as fast, cost-effective and compliant as possible,” Wendy Peel, vice president of sales and marketing at ReverseVision, said.
Reverse Mortgage Daily | October 13, 2016
Federal Reserve to Stop Publishing Reverse Mortgage Interest Rate Swaps
“HUD needs to provide us the exact guidance—all the guidance tells us [now] is to get the 10-Year Swap in the H.15,” said Jeff Birdsell, vice president of professional services for ReverseVision, which has already begun notifying users of its RV Exchange loan origination software about the Fed’s recent decision to drop swap rates from the H.15.
Reverse Mortgage Daily | September 14, 2016
ReverseVision to Host UserCon 2017 Feb. 8-10 in San Diego
“We have applied feedback from our 2016 inaugural conference to make 2017 even more successful,” said Wendy Peel, VP of Sales and Marketing.
“Financial selling techniques are important tools for lenders to have as they work alongside financial planners to help borrowers use HECM loans as part of retirement planning. That’s why we’re so excited about our 2017 UserCon sessions on how to sell in today’s market.”
Reverse Review | September Issue
Hot Seat: Jeffrey M. Birdsell
“Industry growth is dependent upon our transition from a mostly needs-based attraction to a retirement solution. This product works equally well as a wealth management tool as it does a needs-based tool. This may require lenders to find loan officers with an additional financial skill set and software providers who can create tools and calculators that demonstrate the impact of a reverse mortgage on a retirement portfolio.” said Jeffrey Birdsell, VP of Professional Services at ReverseVision.
Reverse Mortgage Daily | September 8, 2016
Renowned Retirement Income Expert Jamie Hopkins Joins ReverseVision Board of Directors
“I am honored and excited by the opportunity to join ReverseVision’s board of directors,” Hopkins said. “ReverseVision is perfectly situated to help expand the use of reverse mortgages and improve the retirement security of America.”
Reverse Mortgage Daily | August 24, 2016
Informative Research to Expand Credit Report Options for RV Exchange (RVX) LOS Users
“With this integration, Informative Research and ReverseVision assure their mutual customers unmatched access to critical credit data needed for originating reverse mortgages. Further, the integration helps support our unceasing commitment to improving lender workflow and streamlining credit reporting capabilities,” said Informative Research Chief Operating Officer Stan Baldwin.
Reverse Mortgage Daily | August 11, 2016
New American Funding Builds Out 47-State Reverse Mortgage Op with ReverseVision RVX
“New American Funding selected RVX due to its simplicity, its popularity with nearly all the major lenders and its ability to integrate with our LOS as well as our enterprise CRM and lead management platform,” said Ellen Skaggs, New American Funding’s reverse national production manager.
Reverse Mortgage Daily | August 3, 2016
ReverseVision Adds LERETA, New Property Tax Services to RVX System
“LERETA is excited to amplify our involvement in the reverse mortgage space, adding ways in which we can better serve our customers, through this strategic alliance with ReverseVision,” said LERETA Senior Vice President of Sales Richard Yonis.
Reverse Mortgage Daily | July 20, 2016
ReverseVision adds Reverse Mortgage Educator Dan Hultquist as Director of Learning and Development
“Dan comes armed with unparalleled product knowledge and extensive field experience,” said John Button, CEO of ReverseVision. “This unique combination makes Dan the perfect resource to spearhead several upcoming ReverseVision initiatives that will provide assistance to reverse mortgage lenders and brokers nationwide.”
Mortgage Orb | July 13, 2016
Evolve Bank & Trust Using ReverseVision For Reverse Mortgages
“RV Exchange was easy to integrate into our model,” said David Brindley, co-manager of the reverse mortgage division for Evolve Bank & Trust. “It allows us to issue our own closing documents, pay mortgage insurance premiums, schedule and conduct closings—you name it, we can do it on RVX. From origination to the secondary market, it’s the best system to enhance our growth and implement our marketing strategies.”
Secondary Marketing Executive | June-July 2016 Issue
Reverse Mortgages Could Buoy Finances for the Approaching Wave of Retiring Baby Boomers
The time is ripe for the industry to see serious increases in volume, if we can only educate borrowers and lenders in time to take advantage of the boomer retirement wave.
National Mortgage News | June 21, 2016
Withholding HECM Options from Qualified Borrowers Is Irresponsible
Lenders who don’t offer HECM to qualified borrowers may not be criminally negligent, but the argument can be made that they are guilty of disregarding the “spirit of the law” as articulated by Dodd-Frank and enforced by the CFPB, suggests VP of Professional Services, Jeff Birdsell.
Mortgage Professional America | June 8, 2016
Reverse Mortgages May be the Hot New Retirement Planning Tool
“It brings a lot of comfort to institutions and banks that are used to the forward world because they have learned to get a good sense of what a borrower is like by doing a financial assessment. I think it helps everyone. It helps borrowers understand whether this is a benefit for them or not,” Birdsell said.
National Mortgage Professional | June 7, 2016
ReverseVision Partners With Factual Data on Credit Reporting Solution
“Integrating with ReverseVision gives Factual Data the opportunity to help our mutual customers access the critical data they need. Lenders will have the ability to build efficiencies that allow them to proceed quickly and confidently through the lending process,” said Factual Data Senior Vice President of Sales Jay Giesen.
MortgageSpeak | June 2, 2016
ReverseVision and Open Mortgage to Exhibit Reverse Mortgage
Origination Solutions at 2016 EMERGE Forum in New Orleans
“Financial institutions that offer mortgage products need to be able to meet borrowers where they are in life. The HECM product is designed specifically for the needs of senior borrowers who are retired or nearing retirement,” said Wendy Peel, Vice President of Sales and Marketing for ReverseVision.
Reverse Mortgage Daily | June 1, 2016
How Networking Helps Reverse Mortgage Pros Boost Referrals
Even as a neutral party company like ReverseVision, who isn’t directly originating the reverse mortgage product, a company needs to be fully engaged and committed to networking with professionals outside of the industry, explains John Button, president and CEO of ReverseVision.
National Mortgage Professional | May 26, 2016
Open Mortgage Launches Reverse Wholesale Operation on ReverseVision’s RV Exchange
“Offering the HECM reverse mortgage has been a smart business move for Open Mortgage,” said Scott Gordon, founder, president and CEO of Open Mortgage. “Our strategy to get into the product early has allowed us to serve growing borrower demand, build our internal expertise and prepare to serve loan originators in a wholesale capacity, supported along the way with tools delivered by ReverseVision.”
MortgageOrb | May 18, 2016
Concord Mortgage Group Helps Baby Boomers Downsize Affordably
with the HECM for Purchase Home Loan and ReverseVision Exchange (RVX)
Concord originates HECM loans using ReverseVision’s RV Exchange (RVX). “We knew we could rely on RVX because of its breadth across the industry,” Weinstein said. “ReverseVision is widely recognized as a leader in the reverse technology space, and most participants in the industry use RVX in some form or fashion.”
Reverse Review | May 2016
VP of Sales & Marketing, Wendy Peel Explains How to Connect
with Baby Boomers Through Online Services and Software
To forge relationships with these borrowers of tomorrow, we need to start speaking their language today. See Wendy’s article on page 21.
Mortgage Professional America | April 29, 2016
ReverseVision VP of Sales & Marketing, Wendy Peel Featured on List
of Top 100 Elite Women in the Industry
All of these women are shaping and changing the face of the mortgage industry, shattering barriers along the way. Collectively, their achievements are nothing short of staggering. See Wendy’s spotlight on page 15.
MBA NewsLink | April 22, 2016
Willow Bend Mortgage Now Offers Reverse Mortgages in 12 States
Using ReverseVision Exchange Loan Origination Software
Willow Bend selected RV Exchange (RVX) as its reverse mortgage LOS largely because of the user-friendly experience it delivers. “RVX is such a user-friendly software,” said Hicks. “It’s easy to manage from the time a loan officer first uses the software for quoting a loan all the way through to reporting. That’s why it’s one of most utilized programs throughout the industry.”
MortgageOrb | April 15, 2016
Person of the Week: Jeff Birdsell
Reverse Mortgages Are Also Financial Planning Tools
There are academics who are looking at, what if you put a reverse mortgage on top of a sizable, fully funded investment portfolio – how does a reverse mortgage impact that? Does it have a positive impact or a negative impact? What some of these academics are looking at is using the reverse mortgage as a means to manage all of a senior’s investments.
MortgageSpeak | March 31, 2016
NOVA Home Loans Chooses ReverseVision Exchange (RVX) Software To Originate Reverse Mortgages, Deliver To Investors
“RV Exchange allows us to deliver the same reverse mortgage package to any number of investor partners,” Glen Smart, manager of NOVA’s reverse mortgage division said. “We don’t have to learn and open a bunch of different investors’ systems to compare options. We absolutely love that.”
MBA NewsLink | March 24, 2016
Alpha Mortgage Launches Reverse Mortgage Channel, Selects ReverseVision Exchange (RVX) Loan Origination Software
“After working with RVX for five years, I knew we didn’t want any other reverse mortgage LOS for our program here at Alpha,” said division manager and Certified Reverse Mortgage Professional Greg Gianoplus.
Mortgage Banking Magazine | March 8, 2016
Jeff Birdsell of ReverseVision Named MBA Tech All-Star by Mortgage Banking Magazine
Birdsell is among just nine industry innovators who received the prestigious award, which celebrates leaders who have made outstanding long-term contributions to the field of mortgage technology.
Reverse Mortgage Daily | February 11, 2016
ReverseVision Conference Nets Sales Interest, New Approach
“Overall, the feedback was very positive,” says Wendy Peel, vice president of sales/marketing for ReverseVision, of survey data gathered from attendees following the conference.
Reverse Mortgage Daily | February 1, 2016
Are Reverse Mortgages Experiencing a Sea Change? New Lessons Learned at RV User Con 2016.
At the inaugural ReverseVision conference last week in San Diego, the conversation was different, but more positive…for a change.
Reverse Mortgage Daily | January 28, 2016
Five Tips to Growing Your Reverse Mortgage Business in 2016
Several professionals weighed in on the topic at ReverseVision’s UserCon conference last week, pointing to a new landscape and new sales tactics. Here are five tips for growing reverse mortgage business in 2016.
Reverse Mortgage Daily | January 25, 2016
ReverseVision to Develop Counseling Solution Through New Portal
“ReverseVision is continuing our rate of investment on the fulfillment side,” John Button, CEO of ReverseVision said during the conference, User Con, last week. “But we are increasing the money we are spending in sales-oriented tools; things that help the process.”
Reverse Mortgage Magazine | January 22, 2016
ReverseVision Organizes Your Process—The Complexity of Creating Simplicity
And President & CEO of ReverseVision John Button stresses, the relationship goes both ways. “Learning from the customer, this is what we like
most.” (Pages 15-16)
National Mortgage News | January 15, 2016
Why Reverse Mortgage Lenders Are Upbeat About 2016
FHA adjustable-rate HECM is beginning to attract the attention of financial planners, according to Wendy Peel, vice president for sales and marketing at ReverseVision, which is based in San Diego.
Reverse Mortgage Daily | January 14, 2016
New Sales Tool Aims to Be One-Stop-Shop for Reverse Mortgage Lenders
“We hope these tools, coupled with contact management functionality and the legacy originations functionality in RVX, are going to streamline originator’s business by giving them everything they need in one area,” said Joe Rinner, ReverseVision’s product manager for RVSA.
Massachusetts Newswire | December 23, 2015
Lenders and REALTORS Offered Reverse Mortgage Education Track at 2016 User Conference
The “Reverse Mortgage Facts” track is an opportunity for both mortgage lenders and REALTORS to learn how HECM loans can be a safe, secure option for building their business by responsibly serving consumers in retirement or considering retirement lifestyle options.
Reverse Mortgage Daily | December 10, 2015
ReverseVision Boosts Credit Report Services by Partnering with Certified Credit Reporting
For over 30 years we have been a key vendor in the traditional mortgage market and now we get to share our expertise with the reverse mortgage lenders, said said Certified Credit CEO Lucy Kereta-Block.
Press Release | December 3, 2015
Jamie Hopkins to Deliver Keynote Address for ReverseVision January 2016 Inaugural User Conference
Hopkins, who has written articles published by Forbes and other news outlets detailing the strategic uses of home equity and retirement income planning, is delivering the keynote address at ReverseVision’s inaugural User Conference 2016.
Reverse Mortgage Daily | November 24, 2015
How Reverse Mortgage Lenders Can Forge Relationships with Financial Planners
Taking place January 20-22 at the Sheraton San Diego Hotel & Marina, User Con 2016 will feature a variety of general sessions and career tracks for reverse mortgage executives, loan officers, account executives, administrators and more. Jamie Hopkins’ session will focus on several key strategies reverse mortgage professionals need to know when trying to forge relationships with financial planners and the financial services industry at large.
Massachusetts Newswire | November 23, 2015
ReverseVision Board Member Jeffrey S. Taylor Honored by NRMLA for Reverse Mortgage Leadership
The founding chairman of NRMLA and current member of ReverseVision’s board of directors, Jeffrey Taylor is a 35-year career professional instrumental in forming retail loan origination, correspondent, wholesale lending and secondary marketing operations.
NRMLA | November 18, 2015
NRMLA Honors Industry Pioneers
Jeffrey Taylor is the founding chairman of NRMLA who ran the reverse mortgage program at Wells Fargo Home Mortgage for many years and currently sits on the Board of Directors for ReverseVision.
Reverse Mortgage Daily | November 17, 2015
ReverseVision Announces Credit Report Integration with MeridianLink
“Partnering with ReverseVision will help lenders adapt to the new FA requirements and reduce switching costs by allowing lenders to maintain their existing relationship with their preferred credit vendors,” said Jason Domazet, Business Development Manager at MeridianLink.
Press Release | November 13, 2015
ReverseVision Makes List of Fastest Growing Company in North America
on Deloitte’s 2015 Technology Fast 500™
ReverseVision’s President & CEO, John Button credits a special focus on education and support for lenders to enter the reverse lending industry. Significant investments in compliance, operations, infrastructure and support have created a superior loan origination system that resulted in the company enjoying 175.1 percent revenue growth.
National Mortgage Professional | November 3, 2015
CIS Credit Announces Integration With ReverseVision
CIS clients can take advantage of the cost and operational efficiencies gained with the expanded platform integration. CIS provides all documentation needed to qualify mortgage applicants.
Reverse Mortgage Daily | October 26, 2015
New Reverse Mortgage Event Spotlights Cybersecurity, Financial Planning
“I can guarantee this isn’t just another discussion about risk,” McElroy says. “We will get business leaders motivated to do something about information security and risk management—but they have to change their behavior in a positive way.”
Reverse Review | October 12, 2015
Technology & Efficiencies
Using technology to maximize your business productivity, reduce mistakes and maintain compliance creates the platform to realize true business success.
Forbes.com | October 7, 2015
Reverse Mortgages Can Be A Retiree’s Saving Grace
“With the baby boomer generation moving into retirement, we are ill-prepared as a society to provide housing alternatives and resources for this 30 million+ population, who in large part want to stay put in their current homes,” said ReverseVision President & CEO, John Button.
Reverse Mortgage Daily | October 1, 2015
How the Reverse Mortgage Industry is Attracting Banks to the Market
“The reputational risk is significantly less after the implementation of Financial Assessment, the HECM product is being seen differently now,” said Wendy Peel, vice president of sales and marketing at ReverseVision.
National Mortgage Professional | September 18, 2015
ReverseVision Names Matthew Shaffer Business Development Manager
Shaffer’s immediate goal is to educate banks and community-based financial institutions about how HUD’s Financial Assessment (FA) requirement with other updated HECM guidelines that minimizes reverse mortgage lending reputational risk.
Origination News | September 4, 2015
4 Advantages FHA Reverse Mortgages Have Over HELOCs
Jeff Taylor discusses how Home Equity Conversion Mortgages are safer than ever, thanks to recent regulatory changes made by the Department of Housing and Urban Development, and when a HECM might make more sense than a HELOC.
Mortgage Speak | September 1, 2015
ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination
“For mortgage lenders of every stripe, failing to offer reverse mortgages as an option could be doing their clients a disservice at a time when every available option needs to be considered,” said Larry Melton, Directors Mortgage Reverse Mortgage Manager.
Reverse Mortgage Daily | August 25, 2015
ReverseVision Expands Credit Report Services in RV Exchange
Last week, ReverseVision announced its newest credit report partnership with CBCInnovis, a Columbus, Ohio-based provider of credit and risk management solutions. The integration of CBCInnovis, ReverseVision says, increases the choices of automated credit report services available to RVX users.
MBA NewsLink | August 11, 2015
Jeffrey Taylor, ReverseVision board member, discusses how HUD’s FA Stacks Up Against ATR
Many forward mortgage lenders remain skeptical…when in fact, today’s reverse mortgage products are strikingly different and far more secure than ever before thanks to HUD’s Financial Assessment rules that went into effect this year.
Reverse Mortgage Daily | July 28, 2015
VP of Sales and Marketing, Wendy Peel Talks Increased Interest by Banks in HECMs
Today, the question remains: has the Home Equity Conversion Mortgage program changed enough for the best to encourage large banks to get back in to the business?
MReport, The Pulse of the Mortgage Banking Industry | June 25, 2015
Credit Report Integration Added to ReverseVison’s Mortgage RLOS Platform
In an effort to continually streamline workflow, ReverseVision added a new feature to RV Exchange that will allow users to obtain borrowers’ credit reports from a number of credit report providers and automatically populate that data into RVX.
American Bankers Association (ABA) Banking Journal | June 15, 2015
FHA Issues Guidance on Assigning Reverse Mortgages
The Federal Housing Administration on Friday announced relief for spouses of reverse mortgage borrowers who wish to remain in their homes after the spouse who took out the reverse mortgage dies.
Mortgage Speaks | June 11, 2015
ReverseVision Announces Launch of RV Support Portal
The RV Support Portal, accessible via the Internet at support.reversevison.com, was launched in order to provide faster customer service responses, real-time status updates of support issues and an inter-active self-help knowledge base available 7×24.
Reverse Mortgage Magazine | May/June 2015
Jeffrey Taylor, Founding Chair Reflects on Past 25 Years
Jeffrey Taylor, Master CMB and ReverseVision board member has been involved in FHA’s Home Equity Conversion Mortgage (HECM) program since the very beginning. View the article by Darryl Hicks on page 7 of the May/June issue of Reverse Mortgage Magazine.
Forbes.com | May 18, 2015
Now, as many Americans near retirement, properly leveraging that home equity will become a crucial part of a secure retirement plan.
Reverse Review | May 2015
President and CEO, John Button discusses the role Loan Origination Systems play in today’s ever-changing industry landscape.
Mortgage Orb | April 7, 2015
Education certainly plays a role. Most consumers understand the notion of a classic forward mortgage very well because that product has been around forever, and anyone that owns a home has experienced how that works.
MBA NewsLink | April 7, 2015
While the forward market has been wringing its hands over the upcoming TILA/RESPA Integration Disclosure implementation, their counterparts on the reverse side have had their own regulatory tempest–HUD’s Financial Assessment rules.
Mortgage Technology | April 2, 2015
Leading reverse mortgage technology provider ReverseVision has created an operations team within its company to improve its capacity management.
HousingWire | March 2015
Innovation is at the heart of the HW TECH100™.
ReverseVision makes HousingWire’s exclusive list of the housing economy’s 100 most innovative technology companies for 2015.
Reverse Review | March 2015
ReverseVision Hires Wendy Peel as VP of Sales and Marketing
Reverse mortgage software and technology provider ReverseVision has hired Wendy Peel as vice president of sales and marketing.