Tag: reverse mortgage News
Mid America Mortgage rebrands to Click n’ Close
ADDISON, Texas, June 27, 2022 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) today announced it has rebranded as Click n' Close following the sale of the majority of its retail lending operations to Houston-based Legend Lending. Click n' Close will retain retail operations related to its reverse mortgage and Native American lending business and focus on delivering innovative down payment assistance (DPA) and adjustable-rate mortgage (ARM) products through its third-party originator (TPO) channels.
Sales Boomerang’s Reverse Mortgage Alert helps lenders bring timely home-equity opportunities to more homeowners
BALTIMORE, Md., Feb. 7, 2022 (SEND2PRESS NEWSWIRE) -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, today announced the launch of Reverse Mortgage Alert, a new addition to its pantheon of automated borrower intelligence products, as well as significant enhancements to the company's existing Rate Alert product.
ReverseVision Adds New Team Members to Support Expansion of Functional Areas and Corporate Infrastructure
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.
ReverseVision Supports HECM Lender Transition from LIBOR to CMT Index, Updates Docs to Facilitate Index Migration
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.
ReverseVision Welcomes Credit Union Pro Justin Burns as VP Operations, Invests in Platform Growth with Hire of Two Senior Software Engineers
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Guitierrez.
Mid America Mortgage Selects ReverseVision to Debut HECM and Reverse Products
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.
ReverseVision Expands Support for its Proprietary Reverse Mortgage Technology Products
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it is offering a combination of enhanced software functionality and professional services to help mortgage lenders launch proprietary reverse mortgage products.
ReverseVision and Open Mortgage to Exhibit Reverse Mortgage Origination Tech at 2016 EMERGE Forum
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that it will be an exhibitor at the EMERGE: Consumer Financial Health Forum being held June 15-17 at the historic Roosevelt Hotel in New Orleans, Louisiana.
ReverseVision Exchange Software selected by NOVA Home Loans to Originate Reverse Mortgages
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.
ReverseVision Offers Lenders and REALTORS a Reverse Mortgage Education Track at 2016 User Conference
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced that mortgage lenders, bankers and REALTORS(R) interested in learning why offering reverse mortgages in their lending portfolio allows them to better serve consumers are invited to attend a 'Reverse Mortgage Facts' track at its inaugural User Conference 2016 in San Diego January 20 - 22 at the Sheraton San Diego Hoteland Marina.
ReverseVision Inc. Debuts Credit Report Integration with Certified Credit Reporting
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. has announced its newest credit report partnership with Certified Credit Reporting, a nationwide provider of credit reports and mortgage information services. This integration within RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform, increases RVX users' choice of automated credit report services.
ReverseVision Jan. 2016 Inaugural User Conference features keynote from Jamie Hopkins
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced that noted financial planning expert Jamie Hopkins, Esq., JD, CLU(R), RICP(R), an associate professor of taxation at The American College in Bryn Mawr, Pennsylvania will deliver the keynote address at its inaugural User Conference 2016.
Credit Report Integration with MeridianLink announced by ReverseVision Inc.
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. has announced their newest credit report partnership with MeridianLink, a leading web-based platform for ordering and delivery of credit reports. This integration within RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform, increases RVX users' choice of automated credit report services.
Deloitte's 2015 Technology Fast 500: ReverseVision Ranked No. 367 Fastest Growing Company in North America
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision today announced it ranked number 367 on Deloitte's Technology Fast 500, a ranking of the 500 'fastest growing' technology, media, telecommunications, life sciences and energy tech companies in North America. ReverseVision grew 175.1 percent during this period.
ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. is spotlighting a HECM reverse mortgage origination by Oregon-based Directors Mortgage, a Pacific-Northwest focused full service mortgage banking firm, as it illustrates an ideal application of the product that allows qualified homeowners age 62 or older to access a portion of their home equity as a financial resource, and eliminates the need to make house payments.
Serving the Reverse Mortgage Industry, ReverseVision Hosts January 2016 Inaugural User Conference in San Diego
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. announces it will host its 2016 inaugural user conference January 20-22, 2016, at the Sheraton San Diego Hotel and Marina in San Diego, Calif. This event is specifically designed to increase revenue and efficiencies for RVX customers.
ReverseVision Adds Credit Report Integration to RV Exchange Reverse Mortgage LOS Platform
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc.announces it has added automated credit reporting capabilities to RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform. Through this integration, reverse mortgage lenders are able to automatically import a borrower's credit information directly into RVX's Financial Assessment (FA) module.
Reverse Mortgage Loan Origination System Support Portal launched by ReverseVision Inc
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. has announced the launch of its new RV Support Portal designed to improve the support experience for users of RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform.
ReverseVision Inc. Adds New Operations Team in San Diego to Enhance RV Exchange System Performance and Scale
SAN DIEGO, Calif. /California Newswire/ -- California-based ReverseVision, Inc., the leading software and technology provider for the reverse mortgage industry, has added a new Operations Team to their growing company. This team will be focused exclusively on product operations, system monitoring, capacity planning, backup, recovery, hosting management and product release.
ReverseVision Inc. Named to HousingWire's HW TECH100 2015 for Top Mortgage Technology
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire's HW TECH100 list.
ReverseVision Inc. Releases Financial Assessment-Required Screens by HUD March 2 2015 Deadline
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., a leading software and technology provider for the reverse mortgage industry, has released an update to their RV Exchange LOS that includes all Financial Assessment critical screens and calculations. This release was targeted to meet the Department of Housing and Urban Development's (HUD's) original Financial Assessment (FA) implementation date of March 2, 2015.
ReverseVision Inc. on Track for Financial Assessment Changes in Mortgage Industry Despite HUD Delay
SAN DIEGO, Calif. /California Newswire/ -- John Button, CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development's (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision's, HUD's and other systems implemented into their processes.
ReverseVision, Inc. Welcomes Wendy Peel as VP of Sales and Marketing
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., the leading technology provider for the reverse mortgage industry, today announced that seasoned marketing executive Wendy Peel has joined the company as its vice president of sales and marketing. In this position, Wendy will be responsible for managing the ReverseVision brand, working with product development and broadening brand awareness among forward lenders and financial planners.
ReverseVision Names Jeff Birdsell VP to lead new RV Professional Services division
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced the launch of their Professional Services division aimed at helping reverse mortgage lenders and brokers to be more successful. Mortgage industry veteran and the company's former head of product management, Jeff Birdsell, CMB, will lead the RV Professional Services as Vice President of this new division.
Reverse Mortgage Expert Jeffrey Taylor says HECM Reverse Mortgages Have Less Risk for Lenders
SAN DIEGO, Calif. /California Newswire/ -- According to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting, mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages.
Reverse Mortgage Volumes Trend Upward in Closed Loan Data says Rob Katz of ReverseVision Inc.
SAN DIEGO, Calif. /California Newswire/ -- Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, Inc., a leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.
Free Online Course on HUD Mortgagee Letter Changes offered through RV University (RVU)
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., a leading provider of business solutions for the reverse mortgage industry is offering a free online class 'Understanding the New Rules Regarding Non-Borrowing Spouses,' focused on changes announced by HUD in recent Mortgagee Letters 2014-07 and 2014-12 through its ReverseVision University (RVU).
