Author Archives: ReverseVision, Inc.

ReverseVision Recruits Marketing Maven Scott Shepherd to Elevate Brand and Support Growth

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that seasoned marketing executive Scott Shepherd has joined the company to head its marketing efforts. As head of marketing, he oversees ReverseVision's marketing department and is responsible for the design and implementation of its new marketing strategy.

Founded in 2007, Shepherd joins ReverseVision at a turning point in the company's history as the market leader in reverse mortgage automation solutions. ReverseVision has been putting in place the necessary building blocks to support an increasing need for reverse mortgage products among lenders and borrowers.

"I am elated to join the highly passionate, dedicated team at ReverseVision and look forward to taking its marketing and branding to the next level," said Shepherd. "Following a high-volume re-fi boom, the mortgage industry's changing business landscape is ripe to increase the adoption of reverse loan products via multiple delivery methods. ReverseVision is well-positioned to capitalize on these opportunities, while helping the mortgage industry expand and evolve with these much-needed loan products."

Shepherd has an extensive marketing background and a proven track record of successful execution in marketing, communications and branding. Over the course of six years, he was central to the development and growth of the eOriginal brand into one of the preeminent digital mortgage lending platforms in the country, ultimately leading to an acquisition by Wolters Kluwer in 2020.

Prior to joining ReverseVision, he headed the marketing strategy at Unleashed Technologies, a web development and digital services firm with commercial and non-profit clients in multiple vertical markets, including financial services. His strategic marketing efforts resulted in the company successfully positioning its solutions in an easy-to-understand, digestible manner for prospects.

Over the course of his career spanning more 25 years, Shepherd developed a broad base of knowledge involving nearly all facets of marketing in multiple industries within different sectors. He has managed marketing communications for several companies ranging from non-profit entities, private, international, government, education and consulting firms. In addition, he has been an editor, journalist and a public relations specialist.

"We welcome Scott to the team at ReverseVision and since joining us, he's already had a positive impact internally and externally," said Bill Mitchell, CRO at ReverseVision. "Scott is an experienced marketing professional who is accustomed to working in fast-paced, dynamic environments operating in growth mode. We are lucky to have him on board at a pivotal juncture as we experience a surge in demand for reverse mortgage technologies."

Scott holds a B.A. in journalism from Buffalo State College and an M.S. in management with a focus in marketing from the University of Maryland.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology offers new APIs (Reverse-as-a-Service) that open the total addressable market, creating new technology synergies that allow forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently. For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that seasoned marketing executive Scott Shepherd has joined the company to head its marketing efforts. As head of marketing, he oversees ReverseVision's marketing department and is responsible for the design and implementation of its new marketing strategy.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Hires Industry Veteran Steve Butler as Director of Business Development

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added long-time mortgage professional Steve Butler to the company's sales team, who brings more than 35 years of experience to the company. ReverseVision has been adding resources in key functional areas as part of its strategic expansion plan.

In this role, Mr. Butler will build upon ReverseVision's strong footprint in the reverse mortgage space. Specifically, he will educate lenders on the opportunity with reverse mortgage products and introduce the ReverseVision Exchange (RVX) loan origination system (LOS) to traditional lenders that are looking to add reverse products. In addition, he will update lenders on ReverseVision's API roadmap to enable reverse products to coexist with their existing LOS system, while also communicating with brokers and the wholesale lending community to begin originating reverse loans using RVX technology.

"We are pleased to have someone with Steve's industry experience and talent join our growing team," said Bill Mitchell, CRO at ReverseVision. "We continue to see an increasing demand for our reverse lending technology and adding mortgage professionals like Steve who possess rich industry experience and a proven track record of success will help us better serve clients as ReverseVision continues expanding."

Prior to joining ReverseVision, Mr. Butler spent just over a decade at mortgage compliance software provider QuestSoft where he spurred the company's sales and business development efforts for a leading mortgage product. While there, he worked closely with independent mortgage bankers, banks, credit unions and LOS vendors. Mr. Butler was consistently a top producer at QuestSoft, part of the management team, and helped with the transition after an acquisition by Ncontracts.

Mr. Butler's lengthy career in mortgage spans working for mortgage technology companies, lending entities and consulting firms. He is a seasoned sales professional that has experience in a multitude of mortgage lending facets.

"I am excited to join the team at ReverseVision and begin working with lenders to assist in diversifying their product offerings using technology," Butler said. "There is a great opportunity in reverse mortgages; it's an ideal time to leverage technology like ReverseVision offers to empower lenders with tech tools for success in reverse lending."

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology offers new APIs (Reverse-as-a-Service) that open the total addressable market, creating new technology synergies that allow forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently. For more information, visit https://www.reversevision.com/.

Social: @ReverseVision #ReverseLendingAutomation #ReverseMortgageTechnology #ReverseLendingTechnology #HomeEquityConversionMortgage

RELATED LINKS:

https://www.reversevision.com/rvx/

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added long-time mortgage professional Steve Butler to the company's sales team, who brings more than 35 years of experience to the company. ReverseVision has been adding resources in key functional areas as part of its strategic expansion plan.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Trust Lending Leveraging ReverseVision Platform to Grow Reverse Mortgage Wholesale Business

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision's Exchange (RVX) platform for its wholesale lending channel. The platform helped Trust Lending springboard its wholesale channel into easily and expeditiously originating loans for reverse mortgage products.

Headquartered in Doral, Fla., Trust Lending is an established mortgage banker that has been in business for more than 15 years, offering a wide array of products to meet the differing needs of borrowers. The lender recently implemented ReverseVision's Exchange loan origination system (LOS) to automate the reverse lending process. Its goal was to grow a new reverse product line amid a profit-pinched market along with providing its broker partners with easy-to-use technology tools that help them quickly and efficiently originate and manage reverse mortgage deals.

Trust Lending engaged with ReverseVision as part of a long-term strategy to grow its wholesale business by adding a new revenue stream as the re-fi boom winds down. The mortgage lender is leveraging RVX to provide elevated service to senior borrowers, tech tools for brokers, and service a significantly underserved market. Trust Lending says that its model is simple: combine a hands-on, white glove service treatment for brokers coupled with offering comprehensive technology automation to make their broker partners as successful as possible.

"Trust Lending established the foundation of our business based on trust and excellence in service-not only for our borrower customers but also for our highly valued broker network," stated Cesar Robledo, reverse mortgage manager at Trust Lending. "ReverseVision's technology platform helped Trust Lending expand operations into the reverse mortgage business, and it gives our employees and brokers the functionality they need to efficiently originate, manage, process and close reverse loans with ease. ReverseVision's LOS has become the technology backbone of our reverse mortgage operations and we are excited about our newfound ability to scale this side of the business."

Trust Lending lauded ReverseVision's client services team for their rapid implementation of the system, efficient client onboarding process, and detailed training on the solution's features. The lender says it was up and running with full ability to handle reverse loans in under 60 days. In addition, broker set up and training was a snap, according to the company. Notable is that Trust Lending offers use of RVX to its broker network for free, but if they would like to instead simply call the loan in, Trust Lending's service model handles the technology aspect for brokers, if they prefer, thus making it as easy as possible to do reverse loans with Trust Lending.

"It's refreshing to see a tech-savvy independent mortgage banker like Trust Lending implement technology to help their brokers penetrate the reverse market," stated Joe Langner, president and CEO of ReverseVision. "There is a tremendous amount of opportunity for forward lenders to easily get into reverse mortgages and capitalize on an untapped market. Not only does it add a healthy revenue stream to the topline, but it also helps our seniors get the best loan product for their specific retirement situation. It's a win-win."

Trust Lending expects ReverseVision's LOS to be instrumental throughout 2022 in helping the company service more brokers, quickly grow its wholesale business, speed up turn times, further build its reputation for heightened service levels and ease of doing business, and add a highly profitable revenue source in reverse products.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life. ReverseVision's core platform, ReverseVision Exchange (RVX), is

comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

For more information, visit https://www.reversevision.com/.

About Trust Lending:

Based in Doral, Fla., Trust Lending has been originating mortgage loans for more than 15 years and in the process has built a strong reputation as an outstanding mortgage lender serving the home financing needs of real estate professionals, builders and individual home buyers. Trust Lending provides personal, customized solutions to match the specific, yet ever-changing portfolio strategies of its clients. This is accomplished through leveraging our long-standing experience and providing superior results while maintaining a strict adherence to all industry best practices, rules and regulations. The company is focused on creating superior value for its clients through continued capital investment and platform expansion, hiring of experienced people, building effective processes and continued investment in technology.

For more information, visit https://trustlending.net/.

RELATED LINK:

https://www.reversevision.com/rvx/

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision's Exchange (RVX) platform for its wholesale lending channel. The platform helped Trust Lending springboard its wholesale channel into easily and expeditiously originating loans for reverse mortgage products.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

"The need for reverse products is poised to surge over the next five years, and as such we're putting the necessary building blocks in place now in order to grow at a healthy rate and continue servicing our clients well," said Joe Langner, president and CEO at ReverseVision. "The addition of Eric and Andres will establish financial controls and an operational infrastructure that helps us efficiently acclimate new employees and effectively onboard clients as ReverseVision manages expansion efforts."

Eric Samuelson comes to ReverseVision with a background as a vice president and corporate controller working for multiple fast-moving and dynamic organizations spanning 25 years. He is known for his innovative, out of-the-box thinking that implements sound financial and accounting processes and procedures, which help run businesses efficiently, especially during growth modes.

Andres Ochoa joins ReverseVision's IT team in the capacity of systems administrator where he will manage development of the company's internal operational technology stack. Previously, he was an IT support specialist at San Diego Country Credit Union where he assisted the organization in navigating its technology needs through the height of the pandemic during social distancing and safety concerns. Before that, he worked on Endpoint Management systems, deploying and supporting a largescale enterprise network consisting of 18,000 corporate and point-of-sale endpoints for Jack in the Box and Qdoba. Andres is adept in all areas of internal systems and IT infrastructure management, which will be important in optimizing ReverseVision's expansion.

In addition to their extensive experience and skill sets, both Eric and Andres are natural leaders who add valuable insight and guidance to their functional teams. ReverseVision will continue adding staff, resources and infrastructure as it grows, which will be announced throughout 2022.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

For more information, visit https://www.reversevision.com/.

RELATED LINKS:

https://www.reversevision.com/apis-and-integrations/

https://www.reversevision.com/rvx/

News from ReverseVision Inc.

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.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Appoints Industry Veteran Bill Mitchell Chief Revenue Officer

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

In this newly created position, Mr. Mitchell will oversee ReverseVision's sales, business development and marketing efforts as the company expands its footprint in the mortgage industry. ReverseVision has been the leading reverse mortgage technology provider since its founding in 2007, now servicing 50 of the top reverse mortgage lenders in its stable of clients, 100 percent of reverse investors, and more than 10,000 daily users.

"Bill is an experienced technology focused sales and marketing professional who holds a deep understanding of the mortgage industry and what it takes to grow fintechs," said Joe Langner, president and CEO at ReverseVision. "There is an enormous amount of opportunity on the horizon for lenders to leverage our technology to augment their revenue streams as the mortgage market tightens. The entire team at ReverseVision looks forward to Bill's leadership as we expand."

Mr. Mitchell is a revenue generating and company building mortgage technology executive who has held senior and executive management positions at established software firms, emerging fintech companies and also start-ups. He has a robust background in loan origination systems (LOS), digital mortgage technologies and industry-leading software platforms. Mr. Mitchell was instrumental in building the client bases for each company he was involved with, making significant contributions to expand their businesses.

"I am excited about the opportunity to help take ReverseVision to the next level," stated Mitchell. "The mortgage market is already shifting and ReverseVision is in an ideal position to help lenders sustain their business models by adding reverse products or growing existing lines. What's more, the ongoing development of ReverseVision's new APIs significantly expands the total addressable market for its solution, creating new technology synergies that allow forward and reverse mortgages to coexist within the lender's core LOS and POS, which helps alleviate adoption barriers."

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100(tm) company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision’s Wendy Peel honored as a Mortgage Women Magazine Mortgage Star for bringing reverse mortgage loans into the mainstream mortgage market

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced Vice President of Sales and Marketing Wendy Peel has been named a Mortgage Star award recipient by Mortgage Women Magazine.

2021 marks the inaugural year of Mortgage Women Magazine's Mortgage Star award program. The initiative honors "women at all levels of the mortgage industry who are finding ways to inspire, advance and achieve beyond the norm."

Peel was recognized as a powerful advocate for expanding HECM and reverse mortgage lending opportunities to older Americans. As an industry thought leader, Peel has made substantial progress in righting the reputation of reverse mortgage lending programs since joining ReverseVision in 2015. More recently her efforts have revolved around educating lenders about how advancements in mortgage technology have made it possible to elevate reverse mortgages as a staple lending program alongside traditional forward lending options.

"Wendy is a passionate and effective advocate of reverse mortgage lending who is committed to helping lenders bring to market reverse mortgage lending programs, which have the ability to transform older Americans' financial outcomes as they age," said Joe Langner. "Wendy has made a great impact on this industry and her recognition as a Mortgage Star is well deserved."

Thirty-eight women were selected as Mortgage Stars by Mortgage Women Magazine. They were honored in an awards ceremony on May 5 and have been profiled in the May/June edition of Mortgage Women Magazine, viewable at this link: https://issuu.com/ambizmedia/docs/2021_mwm-mayjune_issuu?fr=sYjVlYjM1Nzk5NDM.

About ReverseVision

Founded in 2007, ReverseVision®, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100(tm) company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced Vice President of Sales and Marketing Wendy Peel has been named a Mortgage Star award recipient by Mortgage Women Magazine.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision President and CEO Joe Langner Appointed to National Reverse Mortgage Lenders Association Board of Directors

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that company President and CEO Joe Langner has been unanimously elected to the National Reverse Mortgage Lenders Association (NRMLA) Board of Directors.

Langner's position on the NRMLA Board of Directors points to his growing leadership in the reverse mortgage lending sphere. Langner joined ReverseVision in March 2020 as president and was promoted into the dual role of President and CEO in January 2021. As a NRMLA Board member, Langner will serve the remainder of the 2020-2021 term, replacing Board member and former ReverseVision CEO John Button.

"It's a great privilege to serve on the NRMLA Board of Directors alongside professionals who have committed to helping American seniors attain financial security in their golden years," said Langner. "I look forward to working collectively with NRMLA to educate legislators and industry regulators, help mortgage lenders succeed with reverse mortgage lending initiatives and expand consumer access to reverse mortgage lending programs."

Langner is a decorated stalwart of the mortgage technology industry, possessing more than 30 years' experience driving innovation at top mortgage technology and software as a service (SaaS) firms. Notably, as COO and chief sales officer at Ellie Mae (NYSE:ELLI), Langner was part of the senior leadership team that prepared the firm for its initial public offering in 2011. Langner was also chief executive officer at Blue Sage, president at PCLender, executive vice president at Sage (SGE.L) and senior vice president at Dun and Bradstreet (NYSE:DNB).

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100™ company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM #reversemortgage

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that company President and CEO Joe Langner has been unanimously elected to the National Reverse Mortgage Lenders Association (NRMLA) Board of Directors.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Selects AWS as Cloud Provider to Deliver World-Class Digital Reverse Mortgage Lending Experience

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced it has adopted Amazon Web Services, Inc (AWS) as its preferred cloud provider. The move to AWS is part of ReverseVision's platform transformation, which aims to establish reverse mortgage loans as mainstream lending programs by bridging the technology gap between reverse and forward lending systems with its flexible, cloud-enabled architecture.

Leveraging AWS enables ReverseVision to increase the agility of its award-winning reverse mortgage lending platform. The scalability of AWS makes it possible for ReverseVision to accommodate large volume fluctuations without compromising platform performance. Additionally, AWS provides ReverseVision the capacity to build and scale a high-performing API environment that supports dynamic connectivity with lenders' full tech stacks.

ReverseVision Chief Technology Officer Jim Magner reports that since transitioning to AWS many areas of platform performance have improved 20-30%.

"Moving to AWS is important to ReverseVision's broader technology strategy of enabling lenders to bring reverse mortgages into their forward mortgage lending workflow," said Jim Magner. "Older Americans hold over $8.05 trillion in home equity and have a strong need for financial flexibility. Offering reverse mortgage loans alongside traditional loans will expand the options available to the 1.5 million Americans over the age of 62 who take out a mortgage each year."

AWS has the most extensive and broadly adopted global cloud infrastructure. Its secure cloud computing environment is architected to meet security requirements for global banks, the military and high-sensitivity organizations.

About ReverseVision

Founded in 2007, ReverseVision®, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100™ company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced it has adopted Amazon Web Services, Inc (AWS) as its preferred cloud provider.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Lowers Lenders’ Costs to Originate Reverse Mortgages with Restructured Technology Plans and Pricing

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has restructured its technology plans and pricing matrix to ease lenders' entry into reverse lending and support their success. The restructured technology plans will deliver greater value to lenders and align its product offerings with the company's overall objective of enabling lenders to adequately serve senior borrowers with all FHA lending programs.

Under the changes, ReverseVision offers a four-tiered pricing model with entry, retail, premium and enterprise plans tailored to meet the needs of common lender profiles. Lenders at every product tier, from entry to enterprise, will be able to qualify borrowers with RV Sales Accelerator's (RVSA) advanced modeling tools, originate reverse mortgages within RV Exchange (RVX), and measure customer satisfaction with STRATMOR Mortgage SAT, a borrower feedback program that empowers lenders with actionable data and peer-to-peer performance benchmarking.

"ReverseVision announced its transformation as an API-enabled reverse platform to bring reverse lending into technological coexistence with forward lending sales and origination," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "We have both lowered reverse lending's cost of entry and strongly incented reverse lending program growth by restructuring our product plans."

"ReverseVision is a hybrid mortgage lending technology," continued Peel. "While providing a LOS for reverse mortgages, the platform also serves as point-of-sale (POS), pricing engine, rules engine and document engine. Our goal is to create a reverse lending platform that meets the business needs of lenders of every stripe. We believe that borrowers should be presented with all viable lending program options without bias - not steered in any direction."

ReverseVision's pricing matrix can be viewed at https://connect.reversevision.com/2021pricingmodel .

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100™ company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has restructured its technology plans and pricing matrix to ease lenders' entry into reverse lending and support their success.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Announces New CEO Joe Langner

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its president Joe Langner to president and chief executive officer. In this expanded role, Langner will lead ReverseVision's mission to empower America's seniors to use home equity as part of retirement finance.

Langner has more than 30 years' executive experience driving growth at marquee mortgage technology and software companies. A former chief operating officer and chief sales officer at Ellie Mae (NYSE:ELLI), Langner was a member of the senior leadership team that substantially grew its market share leading up to the firm's initial public offering in 2011. Previously, Langner has served as chief executive officer at Blue Sage, a cloud-based, digital lending platform; president at PCLender, a Fiserv (NASDAQ:FISV) affiliate; executive vice president at Sage (SGE.L), a global leader in operations management technology; and senior vice president at Dun & Bradstreet (NYSE:DNB), a global provider of business decisioning data and analytics.

Since joining ReverseVision as president in March 2020, Langner has initiated integrations that align its technology and services with forward lending workflows. Langner increased the company's development and customer support staff by 25% and upgraded ReverseVision's data centers in partnership with Amazon Web Services. In June, he recruited dedicated talent to expand its integration and API partner relationships. Last July he launched a complimentary consultation service to help lenders align their implementation of ReverseVision with their business goals.

"Having had the opportunity to interact directly with Joe during his time at Ellie Mae, I was tremendously excited to have him bring his energy, knowledge and experience to ReverseVision. Joe is well-known and respected throughout the mortgage industry for his deep and technologically-grounded understanding of the digital mortgage ecosystem," said Jeb Spencer, board chairman and managing partner of TVC Capital. "Joe has a keen aptitude for working closely with lenders to help them strategically grow their businesses with innovative, cost-effective and advanced software technologies."

"My time at ReverseVision has only reinforced my conviction that both the mortgage industry and consumers would be best served by establishing HECMs and private reverse loans as foundational programs alongside traditional forward loans," said Langner. "All of the 1.5 million senior consumers that take out a home loan each year deserve to be presented with a mortgage option that can also help them achieve their financial and retirement goals."

John Button, former CEO, will continue to advise the corporate board as a member of the board of ReverseVision and represent ReverseVision in a range of industry organizations and events.

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national 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 aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100(tm) company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Facebook: @ReverseVision

LinkedIn: @ReverseVision

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its president Joe Langner to president and chief executive officer. In this expanded role, Langner will lead ReverseVision's mission to empower America's seniors to use home equity as part of retirement finance.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision’s Wendy Peel Named a PROGRESS in Lending Trailblazers Award Recipient for Sales and Marketing Leadership

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that PROGRESS in Lending Association has honored company Vice President of Sales and Marketing Wendy Peel with its Trailblazers award. Now in its second year, the Trailblazers award program honors sales, marketing and public relations executives whose strategic initiatives have positioned their companies as leaders in the financial services market.

Peel was recognized for entrenching ReverseVision as the leading reverse mortgage lending platform while simultaneously winning over hearts and minds on the benefits of HECM lending. Since joining ReverseVision in 2016, Peel has elevated the firm beyond the stature of technology provider. Because of her efforts, reverse mortgage lenders have grown to rely on ReverseVision as their primary source of thought leadership and reverse mortgage lending education.

"Wendy has an unmatched passion for ensuring lenders have the support and tools they need to serve homeowners at every stage in life with a holistic Generational Lending strategy," said ReverseVision President Joe Langner. "She is an essential member of the ReverseVision team and is well-deserving of this honor."

Wendy Peel's PROGRESS in Lending Trailblazers profile can be viewed at https://mymortgagemindset.com/the-2020-trailblazers-award-winners-are/.

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national Home Equity Conversion Mortgage (HECM) and private reverse mortgage program sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100™ company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision @engageprogress #digitalmortgage #HECM #reversemortgage

Facebook: @reversevision

LinkedIn: @reversevision

News from ReverseVision Inc.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that PROGRESS in Lending Association has honored company Vice President of Sales and Marketing Wendy Peel with its Trailblazers award.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Supports HECM Lenders’ Transition from LIBOR to CMT Index, Updates Documents to Facilitate Index Migration

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

The update was made in response to Ginnie Mae's All Participant Memorandum (APM) 20-12, which deems LIBOR-based adjustable rate HECM loans not securitized on or after January 1, 2021, as ineligible for pooling regardless of their origination or FHA case number assignment date. Adjustable rate HECMs that rely on the CMT index will be eligible for pooling without restriction. The LIBOR index is expected to sunset at the end of 2021.

ReverseVision has conducted an extensive quality assurance inspection of all standard documents affected by an index change to ensure lenders' seamless transition from LIBOR to CMT. ReverseVision will update custom documents and private reverse mortgage program documents upon request free of charge. Additionally, ReverseVision has enhanced document language and reference points in anticipation of a future migration to the Secure Overnight Financing Rate (SOFR) index.

"ReverseVision had existing legacy support for CMT-based rate calculations built into the platform because it was the benchmark before LIBOR," said ReverseVision President Joe Langner. "Due to the renewed relevance of the CMT index, we have taken additional steps to ensure that lenders can seamlessly switch between it and LIBOR. Additionally, ReverseVision has already enhanced our products in anticipation of a future migration to SOFR."

About ReverseVision

ReverseVision, Inc. 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. A five-time HousingWire TECH100(tm) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1029s2p-reversevision-300dpi.jpg

News from ReverseVision Inc.

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.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision President Joe Langner Honored as 2020 HousingWire Vanguard Award Recipient

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that company President Joe Langner has been named a 2020 HousingWire (HW) Vanguard award winner. Now in its sixth year, the HW Vanguard awards program honors executives in the housing finance industry for their outstanding leadership in the space.

Langner was recognized for making an outsized impact on today's digital mortgage landscape, having held numerous executive positions at marquee firms during critical organizational junctures over the course of his decades-long career. Notably, during an illustrious nine-year tenure at Ellie Mae, Langner executed the firm's 2011 IPO as EVP and Chief Sales Officer, while considerably growing its market share. Langner went on to facilitate PCLender's acquisition by Fiserv as president, and then served as CEO at Blue Sage, a cloud-based, digital lending platform for retail, wholesale and correspondent lenders, where he secured a 100% increase in revenue in a 12-month period. Langner joined ReverseVision as president in March 2020 to help establish HECM and private reverse mortgages as staple programs in mainstream lending portfolios.

"The achievements of this year's Vanguards are hard to overstate," said HousingWire Editor in Chief Sarah Wheeler. "They are leading some of the most iconic and successful mortgage and real estate companies in the world, and adapting and innovating even in the midst of a global pandemic. The Vanguards represent the industry's best and brightest, and we are excited to celebrate their remarkable accomplishments."

"HECM and private origination endorsements have grown in the midst of the refi boom, showing that these programs continue to be relevant under any economic circumstances," said Langner. "Each day we continue to pursue partnerships and technology advancements that make the benefits of reverse lending more accessible to forward originators and their older customers."

The full list of HW Vanguard award honorees can be viewed in the October/November edition of HW Magazine.

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit ​www.housingwire.com​ or​ www.solutions.housingwire.com​ to learn more.

News from ReverseVision Inc.

ReverseVision, the leading technology provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that company President Joe Langner has been named a 2020 HousingWire (HW) Vanguard award winner.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision VP Wendy Peel Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association. Now in its second year, the annual awards program honors women who are shaping the future of financial services technology.

Peel was recognized for her two-decades' senior leadership experience driving sales growth at enterprise technology firms. Under Peel's leadership, ReverseVision has achieved record revenue growth. To date, the ReverseVision platform is used by all 10 of the top-ten HECM lenders and supports more reverse mortgage transactions than all other systems combined. Since joining the company in 2016, more than 2,500 lenders and brokers have enrolled in the ReverseVision platform, which serves nearly 10,000 active users.

In support of broadening lender adoption among forward lenders, Peel led ReverseVision's Fall 2019 transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding. Peel also conceived the inaugural ReverseVision UserCon to highlight best HECM origination practices, offer expert marketplace insights, and gather guidance on future product development.

Before joining ReverseVision, Peel served as vice president of sales and marketing at CommercePromote, a cloud-based SaaS applications provider, where she executed a corporate rebranding campaign repositioning the company as an enterprise marketing and operations technology leader. Additionally, Peel has held executive sales and marketing positions at iCoStore, LLC; Take Notice, Inc.; PNA, Inc.; and TransPerfect Translations.

"Wendy's ability to understand the needs of our diverse customer base and stay ahead of a rapidly fluctuating mortgage market have helped build ReverseVision into the organization it is today," said ReverseVision CEO John Button. "We applaud her work connecting mortgage lenders with the technology they need to serve borrowers at every stage in life."

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision @engageprogress #digitalmortgage #HECM #reversemortgage

Image link for media: https://www.depthpr.com/media/reversevision

News from ReverseVision Inc.

ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Partners with Mortgage Bankers Association to Articulate the Business Case for HECM Lending in September 10 Webinar

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced it will co-host a webinar with the Mortgage Bankers Association (MBA) to dispense HECM myths and educate mortgage lenders on the business case for incorporating HECMS into their lending portfolio.

The webinar, "Understanding Reverse Mortgages: Impact on Your Lending Business and Consumers," will take place Thursday, September 10, 2020, from 2 - 3 p.m. ET.

The session will be led by co-panelists Wendy Peel, Vice President of Sales and Marketing at ReverseVision, and Carissa Orozco, Director of Business Development, Strategic Partners at ReverseVision. During the session, Peel and Orozco will discuss regulatory changes that have improved the HECM program for borrowers and lenders, how borrowers and lenders benefit from a generational lending strategy and how HECM loans improve lenders' profit margins.

"In our current market, many homeowners aged 62 and older would benefit from a HECM, whether to shield themselves from sequence risk or tap into their home equity wealth. The problem is that most lenders do not offer HECMs because their knowledge of the program is outdated or they do not understand its business value," said Peel. "We have partnered with the MBA to disperse lingering stigma around HECMs and show lenders how the lending program is rewarding to both borrowers and their business."

The webinar is free for MBA members to attend and $299 for nonmembers. Those interested may register at: https://www.mba.org/store/events/education/meeting/webinar/understanding-reverse-mortgages-impact-on-your-lending-business-and-consumers.

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(tm) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1029s2p-reversevision-300dpi.jpg

News from ReverseVision Inc.

ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced it will co-host a webinar with the Mortgage Bankers Association (MBA) to dispense HECM myths and educate mortgage lenders on the business case for incorporating HECMS into their lending portfolio.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Taps Credit Union Veteran Justin Burns as VP Operations, Invests in Platform Enhancements with Hire of Two Senior Software Engineers

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

"Our mission is to bring reverse mortgage lending forward with an API-enabled lending platform that makes it possible for loan officers to evaluate and originate HECM and private reverse mortgages alongside forward lending programs," said ReverseVision President Joe Langner. "To that end, we've invested heavily in talent that will accelerate API development and integration partnership timelines. We look forward to delivering increased value to our customers with the help of Justin, Aron and Alan."

New to the ReverseVision team are:

* Justin Burns, VP Operations

Justin Burns possesses two decades' experience leading operations for financial and technology organizations. At ReverseVision, Burns will oversee company operations, identifying opportunities for process and structural optimization. Previously, Burns led service delivery operations at San Diego County Credit Union, the fifteenth largest credit union in the United States. Burns also has held positions as Senior Technical Advisor at Clear Solutions Advisors, Director of Technical Services and Operations at Pointivity Cloud Solutions, and Director, Service Delivery at Alliant International University. Burns holds a Master of Business Administration in information technology and business management.

* Aron Weiler, Senior Software Engineer

Aron Weiler has 20-plus years' experience heading software teams at global medical and science organizations. Before joining ReverseVision, Weiler served as Director of Software Engineering at Truvian, a San Diego-based medical diagnostic equipment firm, and Systems Architect, Senior Principal Software Engineer at BD (Becton, Dickinson and Company) (NYSE: BDX). Weiler has developed patents for computing architecture and a centralized medical device system.

* Alan Gutierrez, Senior Software Engineer

Alan Gutierrez possesses ten years' senior software development experience at global technology and medical device manufacturing corporations. Previously, Gutierrez has held roles as Senior Software Development Engineer at medical device manufacturing and software firm Breg, Senior Software Developer at global technology leader Cisco (NASDAQ: CSCO) and Senior Software Engineer at BD.

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

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.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision President Joe Langner Lauded as Mortgage Technology Thought Leader by PROGRESS in Lending Association

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company President Joe Langner has been honored as a mortgage technology Thought Leader by PROGRESS in Lending Association. In its inaugural year, the awards program honors mortgage technology executives who "are not afraid to step forward and blaze a new trail."

Langner joined ReverseVision as president in March 2020 to help establish HECM and private reverse mortgages as staple programs in mainstream lending portfolios. Since joining the company, Langner has guided its technology coexistence strategy enabling traditional lenders to evaluate and originate HECM and private reverse mortgages alongside their "forward" mortgage counterparts.

"Adopting an API-enabled strategy is critical to positioning ReverseVision for long-term technological relevance as the digital mortgage space enters a period of accelerated growth," said ReverseVision CEO John Button. "By making it possible for loan originators to easily incorporate senior lending products into their origination workflow, Langner is empowering borrowers with choice and a rewarding return on their investment in reverse lending."

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company President Joe Langner has been honored as a mortgage technology Thought Leader by PROGRESS in Lending Association.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Taps Carissa Orozco as Director of Business Development, Strategic Partners

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced the appointment of Carissa Orozco as 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 with ease.

Orozco brings 17 years' mortgage industry experience to ReverseVision, having acted in senior leadership positions at leading reverse mortgage lenders. Most recently, Orozco served as vice president of reverse sales at United Northern Mortgage Bankers, where she led the integration of reverse programs into forward sales and operational processes. Orozco also has held the position of director of learning and organizational development at Synergy One Lending and Retirement Funding Solutions, where she oversaw training initiatives for the companies' wholesale clients, retail loan originators and internal operational departments.

Previously, Orozco served as national senior sales trainer at nationally top-ranked reverse mortgage lender American Advisors Group, where she trained hundreds of field and call center representatives on HECM lending guidelines, effective sales practices and origination technology.

"More than ever, reverse mortgage demographic homeowners need to access their home equity, whether to shield themselves against sequence risk or access money to manage pandemic-induced economic disruption," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Carissa will play a key role working with technology partners so that reverse mortgages are seen at the beginning of the lending process. Her passion for reverse programs and experience integrating reverse lending programs into lenders' forward sales and underwriting workflows uniquely positions her for success."

"I've long been an advocate of integrating reverse lending into forward lending sales and operations," said Orozco. "Borrowers should be presented with all of the lending solutions they qualify for - forward and reverse. Establishing ReverseVision APIs in lenders' tech stacks will empower borrowers to make fully-informed financial decisions and help lenders create customers for life."

About ReverseVision

ReverseVision, Inc. is the leading Home Equity Conversion Mortgage (HECM) and private reverse mortgage program 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0618s2p-Carissa-Orozco-300dpi.jpg

News from ReverseVision Inc.

ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced the appointment of Carissa Orozco as director of business development, strategic partners.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision’s Wendy Peel Honored by NEXT Mortgage Events’ Inaugural Awards Program

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree. In its inaugural year, the awards program honors women mortgage professionals who "have a track record of greatness in adapting to change and adopting new technology."

Peel was recognized as a champion of HECM and reverse lending programs whose progressive technological vision is helping mortgage lenders connect senior homeowners with right-fit home equity solutions. In her early years at ReverseVision, Peel quietly redirected the HECM conversation, driving more than 2,500 new lenders and brokers to join the platform by reminding them how the lending program serves a distinct need and why it makes business sense to embrace it. Now Peel is spearheading ReverseVision's endeavor to evolve platform functionality so lenders-forward and reverse-can integrate reverse mortgages into the loan evaluation, sales and origination process for eligible senior borrowers.

"For the past five years, Wendy has worked tirelessly to reshape how reverse mortgages are viewed in ways that will have a long-lasting, positive impact on the mortgage industry," said ReverseVision President Joe Langner. "We commend her efforts to advance our vision of establishing reverse lending programs as staples of mainstream lending portfolios with ReverseVision's API-enabled platform."

"NEXT's mission has always been to showcase the women who are the backbone of the mortgage industry - this award is part of that mission," said NEXT Co-Founder Jeri Yoshida. "We'll honor these top performers throughout #NEXTSUMMER20. Since this year's event is free and available online, we expect record-breaking attendance. We're thrilled that so many people in the mortgage industry will get to know these overachievers and acknowledge their role in their companies' success."

The full list of NEXT 50 Over 50 award honorees can be viewed at https://nextmortgagenews.com/.

About ReverseVision

ReverseVision, Inc. 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

About NEXT Mortgage Events LLC

In January 2018, NEXT Mortgage Events broke the mortgage industry's unspoken barriers that limit women's access to competitive intel and networking-based information exchange, when it introduced NEXT, the mortgage technology summit for women. NEXT is a two-day, tech-focused symposium based on lenders sharing competitive intel with other lending executives. A boutique gathering, each NEXT event is limited to 200 attendees, and targets a select group of decision making executives. Roughly 85-90% of lender attendees hold a title of VP or higher and approximately 85% of attendees are women. NEXT is held twice a year, in winter and summer. For more information visit https://nextmortgagenews.com/, follow @NEXTmtgEvents or email info@NEXTmortgageEvents.com.

News from ReverseVision Inc.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Private Reverse Mortgage Program

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.

Nationwide Equities, a top-reverse mortgage lender that also originates forward conventional loans, developed EquityPower to grow their reverse line of business and provide customers with more dynamic options for tapping home equity.

"EquityPower offers senior consumers who have high home values, own a condominium or otherwise don't fit the HECM mold a means to access their home equity on flexible terms best suited to their stage in life," said Nationwide Equities CEO Paul Lamparillo.

"We have a saying here that no good loan should ever hit the wastebasket," added Nationwide Equities President Glenn Wallace. "That's why we offer so many financial products. We are dedicated to helping qualified consumers find the right solution for their homeownership and financial goals."

ReverseVision introduced private program support - a combination of enhanced software functionality and professional services - to help lenders bring private reverse mortgage programs to market in the fall of 2018. Once lenders design a private reverse mortgage program, ReverseVision will enable it and associated documents into the ReverseVision platform. Lenders may change certain settings, such as program names and lender margins, and can perform more complex adjustments with the help of a private product support specialist. Nationwide Equities reports that it took ReverseVision approximately six weeks to configure EquityPower within its platform.

"Nationwide Equities recognizes that every senior borrower's financial aspirations and homeownership needs can't fit into the HECM, HELOC or conventional forward mortgage buckets," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Nationwide has always been market savvy and we commend them for developing solutions for underserved senior homeowners, who collectively hold $7 trillion in home equity."

EquityPower is a fixed-rate product that enables borrowers with homes valued at up to $10 million dollars to access their home equity beginning at age 60. Other features that differentiate it from a HECM include lower closing costs and no mortgage insurance requirements. Nationwide Equities offers EquityPower through both its retail and wholesale channels.

About ReverseVision

ReverseVision, Inc. 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. A five-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

About Nationwide Equities

Nationwide Equities is a top-ten reverse mortgage lender with a footprint across 24 states in the U.S. We are also one of the few select lenders that offer their own private reverse mortgage product. By developing individualized financial solutions for the unique needs of each retail branch, wholesale partner, and loan officer, we have built a business model unparalleled in the industry. By developing a strategic alliance with a proven industry leader, you will gain access to a host of benefits and services that make running your business more efficient, but most importantly, more profitable! When you partner with Nationwide Equities, you receive the Best in Price, the Best in Product, and the Best in Service!

News from ReverseVision Inc.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Names Mortgage Technology Veteran Joe Langner President

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today 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' executive experience driving growth at marquis mortgage technology and software companies. A former executive vice president and chief sales officer at Ellie Mae, Langner executed the firm's initial public offering in 2011 and considerably grew its market share during his tenure. Most recently, Langner served as chief executive officer at Blue Sage, a cloud-based, digital lending platform for retail, wholesale and correspondent lenders.

His other notable positions include president at PCLender, a digital mortgage technology provider and Fiserv affiliate; executive vice president and general manager at Sage, the global market leader in operations management technology for small and medium businesses; and senior vice president at Dun and Bradstreet, a leading global provider of business decisioning data and analytics.

In October 2019, ReverseVision announced its transformation as an API-enabled, flexible reverse mortgage lending platform in conjunction with substantial product upgrades, including its transition to cloud computing architecture; the introduction of a loan import API enabling third party systems to prepopulate a reverse mortgage file within ReverseVision Exchange (RVX); and streamlined product selection menus.

"Joe's proven ability to satisfy industry and customer needs make him the right person to lead ReverseVision as it transforms reverse mortgage lending," said ReverseVision Chief Executive Officer John Button. "He is the best person in the industry to execute our strategic vision of bringing reverse mortgage lending into operational coexistence in the broader mortgage market using our cloud-based, API-enabled lending technology platform."

"Today, HECMs and private reverse mortgage programs are vastly underutilized despite market need because, until recently, there has not been an operationally pragmatic way for lenders to integrate reverse products alongside their forward offerings," said Langner. "I've joined ReverseVision because their innovative vision to integrate reverse products into the mortgage ecosystem is exactly what borrowers and lenders need."

About ReverseVision

ReverseVision, Inc. 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. A six-time HousingWire TECH100™ company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0311-s2p-Joe-Langner-300dpi.jpg

News from ReverseVision Inc.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today 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.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Named 2020 HW Tech100 Mortgage Company for Sixth Year

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has been named a HousingWire (HW) Tech100 Mortgage company for a sixth year. ReverseVision was previously named a HW Tech100 honoree in 2014, 2015, 2017, 2018 and 2019.

ReverseVision was recognized for helping lenders connect seniors with financial solutions with its best-in-class technology. ReverseVision is the mortgage industry's reverse platform of choice, having originated more HECMs and private reverse mortgage loans than all other technologies combined.

"ReverseVision is committed to evolving platform functionality and equipping every lender - forward and reverse - with tools to easily integrate HECM and private reverse mortgages into the loan evaluation, sales and origination process for every applicable senior borrower," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "It is an honor to be recognized by HousingWire."

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

"HousingWire's motto for 2020 is growth through focus," said HousingWire CEO Clayton Collins. "The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing. Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

Now in its eight year, the HW Tech100 Mortgage program showcases the housing industry's most innovative and impactful digital mortgage technology providers. To view the complete list of 2020 HW Tech 100 honorees, visit https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/.

About ReverseVision

ReverseVision, Inc. 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. A six-time HousingWire TECH100(tm) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

For more information, visit https://www.reversevision.com/.

Twitter: @ReverseVision @HousingWire #HWTech100 #digitalmortgage #HECM

News from ReverseVision Inc.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has been named a HousingWire (HW) Tech100 Mortgage company for a sixth year.

Related link: https://www.reversevision.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage. The integration links OptifiNow's cloud-based SaaS sales and management platform with ReverseVision's RV Exchange (RVX) loan origination platform, enabling Open Mortgage to expedite loan production, drive performance and better nurture customer relationships for its reverse lending channel.

The OptifiNow platform offers a central command station from which lenders can manage sales and performance functions via customer relationship management (CRM), intelligent sales automation, sales enablement, business intelligence (BI) and application programming interface (API) modules. When connected with lenders' core origination technology, OptifiNow can deliver closed-loop marketing that equips lenders with revenue-driving insights into lead sources, loan originator (LO) performance, closed loan revenues and ROI opportunities.

ReverseVision and OptifiNow's partnership has streamlined origination at Open Mortgage by building a "generate loan" button directly into the OptifiNow dashboard that enables LOs to create and prepopulate a loan application directly within RVX. Instead of switching systems and manually rekeying applicant data, reverse LOs can generate loans with the push of a button, benefitting from the simplicity and strengthened data integrity inherent to process automation.

Once a loan record is generated in either system, OptifiNow will synchronize its data with RVX so that current borrower data and loan status are reflected in both systems. Hybrid LOs that originate both forward and reverse mortgages will benefit from the integration by simply toggling between their forward and reverse workflow within OptifiNow.

"Our Loan Import API was developed out of ReverseVision's commitment to enable platform implementations that match lenders' business models," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "As mortgage technology and the lending market evolve, our cloud-based, API-enabled platform will be able to flex to lenders' needs so that they can meet borrowers where they are in life."

"API is a foundational pillar of our platform because we believe that digital mortgage technologies should integrate for the benefit of the customer," said OptifiNow President and CEO John McGee. "If we don't have an integration with a client's vendor, then we aggressively work to develop that partnership. It's a win for everybody when we can perform integrations that simplify technology workflows for our clients."

"ReverseVision has been a strong partner in supporting OptifiNow's integration with RVX via the Loan Import API," continued McGee. "We see ourselves as working on the same team to help Open Mortgage be more successful in their reverse origination business. Our end goal is to generate common happy customers by helping lenders grow their business."

About OptifiNow

OptifiNow offers a full cloud-based Sales & Management Platform that acts as a personal assistant to each sales person to help them convert every opportunity. Management controls the sales process and gets the insights to drive continuous improvement. For more information, visit https://www.optifinow.com or call (888) 746-6743.

About ReverseVision

ReverseVision, Inc. 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. A four-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements.

For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

ReverseVision technology supports more reverse mortgage transactions than all other systems combined. Its revised approach and associated system updates reflect ReverseVision's commitment to evolving platform functionality and equipping every lender-forward and reverse-with tools to easily integrate HECM and private reverse mortgages into the loan evaluation, sales and origination process for every applicable senior borrower.

"The ReverseVision platform is transforming to enable a broader range of implementations matching lenders' business models. We are enabling all lenders to meet borrowers where they are in life," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Our revised API-enabled platform offers an operationally pragmatic approach to reverse home equity products."

"By providing open APIs that accelerate connectivity with all mortgage lending and retirement planning systems, we are powering greater integration and use of reverse lending in the mortgage ecosystem. New technology partnerships with leading digital mortgage firms will greatly expand presentation and demand for reverse lending. We seek to put tools in the hands of every lender that wants to create borrowers for life with a comprehensive Generational Lending strategy," added Peel.

Initial system capabilities provided by the revised platform include:

* Loan Import API
The development of a loan import API enables any system to programmatically create and prepopulate a reverse loan file within ReverseVision Exchange (RVX). Common system sources include customer relationship management (CRM) systems, point-of-sale solutions, forward loan origination system (LOS) or other third-party software. The loan import API saves LOs from retyping information into multiple systems by automatically importing relevant borrower data fields into RVX at the touch of a button.

* Streamlined product selection within RVX
An update to ReverseVision Administrator (RVA) simplifies the loan program selection menu, improving the loan selection process for LOs.

* Simplified attachments and docs packaging
Available in 2020 ReverseVision users will be able to build a list of documents to be attached to a loan via a single request, significantly reducing the time it takes to attach multiple documents to a loan file.

* Comparison Calculator API
Due to the popularity of RVSA's Comparison Calculators, ReverseVision will release an accompanying API in 2020. The Comparison Calculator API will allow lenders to place ReverseVision's acclaimed Comparison Calculators into their own point-of-sale solution, LOS, CRM, website or mobile app, to provide borrowers and LOs with a visually interactive tool for comparing HECMs and private reverse loans against home equity lines of credit (HELOCs) and traditional first- and second-lien mortgages.

These capabilities are made possible by an all new cloud computing based platform that operates in concert with the classic core RVX origination system. The new architecture enables significantly more flexibility for interaction with other systems and improved scalability while retaining comprehensive reverse origination features. The approach avoids the need for lenders to implement an all new system to exploit a growing set of integrated capabilities. In turn, ReverseVision customers can exploit these new APIs for internal integration and development efforts.

"HECM and private reverse programs have undergone massive transformations and so has our technology," said ReverseVision President and CEO John Button. "ReverseVision's improved capacity for technology coexistence will help all lenders meet borrowers where they are in life and better serve the unique financial needs of senior customers."

ReverseVision's updated visual identity is accompanied by the new tagline, "Rethink. Remortgage. Retire." Additionally, product logos for RVX, ReverseVision Sales Accelerator (RVSA), ReverseVision Database (RVDB), ReverseVision Pro Services (RVPS) and ReverseVision University (RVU) have been refreshed to reflect the rebrand.

About ReverseVision

ReverseVision, Inc. 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. A four-time HousingWire TECH100(TM) company, ReverseVision continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume and workflow efficiency.

For more information, visit https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

*LOGO link for media: https://www.Send2Press.com/300dpi/19-1029s2p-reversevision-300dpi.jpg

News from ReverseVision Inc.

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.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Mid America Mortgage Selects ReverseVision as Technology Partner to Debut HECM and Reverse Products

SAN DIEGO, Calif. /ScoopCloud/ -- 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.

Instead of developing a proprietary reverse origination solution in-house, as Mid America has done with its forward LOS, the multi-state lender chose to partner with ReverseVision because they are the industry's foremost experts on reverse mortgage execution and technology development. Utilized by each of the top-ten producing HECM and reverse lenders, RVX's end-to-end reverse origination platform connects all participants across the reverse mortgage lifecycle, allowing them to exchange information throughout the loan process.

"Mid America has always sought opportunities to establish itself in underserved areas of the market, and reverse mortgages are a prime example," said Mid America Owner and Chief Executive Officer Jeff Bode. "Adding reverse mortgages to our existing product mix allows us to better cater to the unique financial needs of senior borrowers and foster customer retention by offering financial products relevant to borrowers at every stage in life. Given ReverseVision's reputation in the reverse mortgage space, we knew the firm was the only partner we could trust to power our reverse division."

To foster an informed borrower experience and strengthen customer relationships, Mid America has appointed HECM lending specialists to guide seniors through the HECM lending process, led by Mid America's newly appointed Director of HECM Lending Dan Barksdale.

"Having successfully originated HECMs and reverse mortgages for nearly a decade, I've witnessed not only the evolution of the reverse mortgage, but also the positive impact it has had on the lives of the seniors that have taken advantage of this product," Barksdale said. "When Mid America offered me the opportunity to launch its reverse mortgage program, I leapt at the opportunity to do so, and I look forward to leveraging the industry-leading digital mortgage platform Mid America has built - including RVX - to deliver this unique financial product to Mid America's senior-age borrowers."

"ReverseVision is excited to partner with Mid America as it strives to more fully meet the financial and retirement goals of its senior borrowers," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Mid America's entry into the reverse mortgage space provides lenders with an example of how a large, well-established lender can successfully integrate HECM and reverse lines into their existing business model."

About Mid America Mortgage, Inc.
Mid America Mortgage, Inc., Addison, Texas, is a multi-state, full-service mortgage lender serving consumers and mortgage originators through its retail, wholesale and correspondent channels. We offer a wide range of residential home loan programs to meet the needs of most home buyers and homeowners and are also the nation's leading provider of Section 184 home loans for Native Americans. Learn more at https://www.midamericamortgage.com/.

In operation since 1940, Mid America has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes. Click n' Close is Mid America's ultra-secure, digital mortgage approval and closing process that gets home buyers from application to closing within two weeks. With just a few clicks at closing, Click n' Close puts keys in the home buyer's hand in 15 minutes or less. Apply online at https://clicknclose.com.

Named a 2018 "Top Mortgage Workplaces" winner by Mortgage Professional America and a 2018 "Top Mortgage Employer" by National Mortgage Professional, Mid America is looking for tech-savvy, service-oriented mortgage professionals to join our growing team. We are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit https://www.midamericamortgage.com/careers/.

About ReverseVision
ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

Twitter: @midamericamtge @reversevision #digitalmortgage #HECM

News from ReverseVision Inc.

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.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision’s Jeff Birdsell Named 2019 HousingWire Insiders Award Recipient

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.

Birdsell was honored for utilizing his strong coding skillset, problem-solving capabilities and in-depth industry knowledge to position reverse mortgages into technological and operational coexistence with the world of traditional mortgage lending. To that end, Jeff's development oversight has been critical to the successful completion of recent landmark product advancements, including ReverseVision's expanded support for proprietary reverse mortgage products, the development and launch of the Comparison Calculator tool within RV Sales Accelerator (RVSA), the creation of advanced API plug-ins and the overhaul RV Administrator (RVA).

"For the last six years, Jeff has worked with ReverseVision to refine its product offerings and deliver superior professional services to clients," said John Button, president and CEO of ReverseVision. "His commitment to client service and advancing the HECM and reverse industry is unparalleled. We commend him for this honor."

"I'm very passionate about cultivating technology and business practices that strengthen our industry and quality of life for seniors," said Birdsell. "To receive recognition for my accomplishments is very rewarding and would not be possible without the efforts of my top-notch team at ReverseVision."

"Our Insiders grow more difficult to choose each year as their talent and impacts on the mortgage and real estate industry continue to blow us away," said HousingWire Associate Editor Kelsey Ramírez. "This year's winners are truly the secret weapons of their industry and continue to push their companies to greatness and move markets forward."

Now in its fourth year, the HW Insiders Award program recognizes housing industry professionals essential to the performance of their companies within the housing space. The full list of honorees can be viewed in the September edition of HW magazine and online at https://www.housingwire.com/articles/49941-here-are-housingwires-2019-insiders.

About ReverseVision

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With many thousands of active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

About HousingWire

HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

Twitter: @ReverseVision @HousingWire #2019HWInsiders #digitalmortgage #HECM

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Taps Sunny Mahdii as Vice President of Operations

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

"Seniors have a strong appetite for flexible financial products capable of catering to their varied, aging-related needs, yet the vast majority loan officers will never present aging borrowers with a HECM or proprietary reverse product," said ReverseVision CEO John Button. "We've brought on Sunny to help us bridge the current forward-reverse technology gap that stymies loan officers from offering senior lending products to the very borrower population those products are designed to serve. We are thrilled to bring on a dedicated staff resource to help our clients uplift senior lending products into operational and technological coexistence with forward loans."

Before joining ReverseVision, Mahdii was director of operations and business development at American Reverse Group, where she directed lending team operations, budgeting and marketing functions. Prior to that, Mahdii was branch manager at Security 1 Lending, where she oversaw the company's two most profitable branch locations, which produced $20 million in monthly volume. Mahdii also launched a reverse mortgage division during her tenure at Omni Home Financing.

"ReverseVision is a leader in digital mortgage technology and am excited to help them equip mortgage lenders with strategies and tools that yield successful business outcomes in today's competitive marketplace," said Mahdii.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined.

The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

Twitter: @ReverseVision #HECM #DigitalMortgage

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX) loan origination platform, enhancing the customer journey for reverse mortgage borrowers and enabling originators to better serve customers at all walks of life.

Total Expert offers a centralized platform that helps mortgage lenders manage their brands at an enterprise level with multi-channel marketing solutions, contact management, audit-ready compliance and built-in support for co-branded marketing campaigns. The system lets lenders orchestrate and deploy marketing campaigns across any channel (e.g., email, print, social media, text, video) and create hyperpersonalized relationships that keep prospects moving through the purchase decision tree.

The partnership between ReverseVision and Total Expert enriches the Total Expert platform with ReverseVision's expert insight into the reverse mortgage customer journey. Features include customized decision trees, specialized marketing communications and sales activities designed to help "forward" and reverse mortgage origination teams identify mutual opportunities.

"When it comes to reverse mortgages, no one understands how to build the relationship between loan officer and borrower better than ReverseVision," said Total Expert President Jeff Walton. "We're pleased to deliver that expertise to lenders as part of an integrated approach to sales and marketing that combines automation and personalization and that scales for any organization."

"By pairing RVSA with Total Expert's MOS, we've developed a package of generationally-comprehensive loan modeling and marketing tools that are readily scalable in format," said ReverseVision VP of Sales and Marketing Wendy Peel. "Bringing HECM's forward helps lenders better serve senior borrowers by matching them with the lending products that best meet their financial goals."

About Total Expert, Inc.

Total Expert is a fintech software pioneer of the first modern, enterprise-level Marketing Operating System (MOS) that enables lending and financial services firms to create customers for life by blending human relationships with digital simplicity. We power marketing and revenue growth for 10% of $2 trillion per year U.S. mortgage industry, and ensure banks and lenders stay ahead of how consumers expect to communicate, shop, and manage their financial lives in the digital/social era. For more information, visit https://totalexpert.com/.

About ReverseVision

ReverseVision, Inc. is the leading provider of technology and training for the reverse mortgage industry. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

Twitter: @ReverseVision @TotalExpertInc #reversemortgage #HECM #digitalmortgage

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM and Reverse Lending Channel

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

With more than 80 branches across 38 states, Hometown Lenders implemented ReverseVision's RV Exchange (RVX) loan origination system (LOS) and ReverseVision Sales Accelerator (RVSA) to support the launch and growth of HECM and proprietary reverse mortgage products in-house.

According to mortgage industry veteran David Weinstein, who was recently tapped by Hometown Lenders as national HECM manager, the independent mortgage bank's vision is to build one of the nation's most elite HECM lending divisions. Said Weinstein, "The senior leadership team at Hometown has tasked me with architecting a HECM channel capable of supporting the development of an eminent HECM lender - and I feel that ReverseVision is a critical part of that success."

Since joining Hometown Lenders, Weinstein has spearheaded a holistic HECM outreach campaign to educate borrower-facing players in the housing ecosystem - including realtors, financial planners, builders and Hometown's internal sales staff - about how borrowers can leverage benefits unique the HECM product, such as the ability to not make principal mortgage payments or HECM for purchase.

"Adding HECM and reverse mortgage products is part of our lending institution's larger strategy to provide a fully-rounded suite of products for our originators and third-party partners to succeed in helping borrowers achieve their home-ownership and financial goals," said Weinstein. "And an important part of facilitating a mutually successful lending experience is outfitting our team with leading technology."

Since implementing RVX, Weinstein has leveraged the platform to develop investor relationships to introduce proprietary reverse products to new states. Additionally, those proprietary products have been configured for seamless integration in RVX's powerful origination workflow.

"ReverseVision is the one place we can go to and have all the products that we need," said Weinstein. "This allows us to deliver consistently outstanding customer service across all of our branches, while being able to promote HECM and proprietary products through one portal."

Used by all of the top-ten producing HECM lenders, RVX serves as a central platform for participants in the reverse mortgage lifecycle to share documents and exchange information across the loan process. From the point-of-sale to post-closing and secondary marketing, RVX instantly connects borrowers, loan officers, service providers, branch managers and investors to the right party at the right time.

"ReverseVision is proud to support Hometown Lenders as it strives to more fully meet the financial and retirement goals of its senior borrowers with a HECM lending channel," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "Hometown serves as an example of how a large lender can successfully integrate HECM and reverse lines into their business model."

About Hometown Lenders, Inc.

Hometown Lenders, Inc. is a Huntsville, Alabama-based, multi-channel mortgage lender that operates from the core belief that exceeding borrower expectations is the only way to do business. Hometown delivers on a pledge of excellence by leveraging unsurpassed customer service and leading-edge technology to provide the most innovative and creative mortgage financing solutions available. Hometown offers a complete range of conforming, non-conforming and government loan programs, as well as a variety of other options to help borrowers successfully budget their mortgage. For more information, visit https://htlenders.com/.

About ReverseVision

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

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Blue Ridge Bank, N.A. Partners with ReverseVision to Launch HECM and Reverse Lending Division

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

ReverseVision's RV Exchange (RVX) loan origination system (LOS) was implemented by Blue Ridge Bank to support the recent launch of a HECM and reverse lending division that will expand the number of financial planning options offered to the depository lender's senior customers. To date, Blue Ridge Bank has already closed more than $25 billion dollars in forward residential home loans.

"The creation of a reverse lending division led by industry veterans and powered by the industry's leading reverse origination software is part of Blue Ridge Bank's larger initiative to offer a comprehensive portfolio of home lending products capable of helping every customer attain their home ownership and financial goals," said Foster Vaught regional market sales manager at Blue Ridge Bank. "Between the functionality of RVX and the support of ReverseVision's team, I am confident that we are well-equipped to execute our reverse division's strategy of steady, measured growth."

Used by all of the top-ten producing HECM lenders, RVX provides loan originators with an end-to-end reverse origination platform that facilitates a first-class lending experience. From the point-of-sale to post-closing, RVX instantly connects lenders, brokers, investors and service providers in a seamless loan production pipeline that expedites time to close.

"RVX's HECM and senior lending platform will empower Blue Ridge Bank to execute on a Generational Lending strategy that serves their many decades-long customers at every stage in life," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "With RVX, Blue Ridge Bank is well supported to extend an exceptional customer experience to borrowers of senior lending products."

About Blue Ridge Bank, N. A. Mortgage Division:

Blue Ridge Bank's Mortgage Division is headquartered in Greensboro, NC and is a division of Blue Ridge Bank N.A. Blue Ridge Bank N.A. was chartered and organized in 1893 as a state institution under the title "Page Valley Bank of Virginia." The Bank officially opened for business on Monday, January 3, 1894. Blue Ridge Bank is extremely proud of its more than a century of customer based service, and looks forward to serving its current and new customers for many years to come, with the attention and service that only a locally owned independent community bank can provide. A full listing of retail locations and loan production offices can be found at https://www.mybrb.com/.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology is used by 10 out of 10 top reverse mortgage lenders and supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

Ref: OTC Pink: BRBS / OTC:BRBS

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

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ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA). The Comparison Calculator is an interactive tool that allows loan originators to give consumers side-by-side comparisons of how HECMs and their unique features, such as the adjustable rate HECMs' line-of-credit that grows over, performs against other home equity loan products over the projected life of the loan.

ReverseVision developed its Comparison Calculator in response to a compelling study by the National Council of Aging, which found that when presented with a blind comparison of HECM and Home Equity Line of Credit (HELOC) loans, seniors choose the HECM over the HELOC 58 percent of the time. The Comparison Calculator is the first tool of its kind to offer consumers side-by-side comparisons of HECM lines of credit against other loan types, such as home equity lines of credit (HELOCs) and traditional first- and second-lien mortgages. This powerful feature gives consumers alternative options to dipping into their retirement, equity and other savings accounts when managing their finances.

"With seniors holding more than six trillion dollars in accumulated home equity in the United States, consumers need to know that they have options to tap into their financial resources - and originators need tools to help them describe the differences in how these options perform over the long term," said ReverseVision Product Manager Jason Price. "We are proud to introduce a tool that takes the Generational Lending concept and puts to practice helping borrowers as their needs change over time."

"Additionally, we are pleased to empower mainstream-loan officers with access to this technology by releasing it onto our new platform," continued Price. "Now any company can leverage these tools in their own portal, CRM or point-of-sale solution."

"The Generational Lending Scenario Builder is exactly what the industry needs to help loan officers reach senior borrowers who would be better served by HECMs than 'comfortable,' traditional loan types," explained Wendy Peel, vice president of sales and marketing for ReverseVision. "Equipped with this tool, originators can visually demonstrate how a HECM can perform against other loan types, thereby empowering borrowers with a more comprehensive understanding of their financial options and strengthening borrower trust in both the HECM product and their loan originator."

About ReverseVision:

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

Twitter: @ReverseVision #reversemortgage #HECM

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).

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This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Named to HousingWire Magazine’s Tech100 List of Top Housing Technology Companies for a Fourth Year

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire (HW) Magazine's Tech100(TM) list of innovative housing technology companies for a fourth time. ReverseVision was previously named a HW Tech100 honoree in 2015, 2017 and 2018.

ReverseVision was recognized for its position as the industry's most trusted provider of technology and training for HECM origination and senior lending. ReverseVision's flagship origination system, RV Exchange (RVX), is used by 10 of the top 10 HECM lenders and processes more reverse loans than all other solutions combined.

"As a company, ReverseVision is intently focused on providing our HECM and reverse originating customers with technology that enables them to flourish," said John Button, president and CEO of ReverseVision. "Accelerated by mortgage market conditions, generational lending has moved from a concept to reality. Coupled with the massive growth in proprietary senior lending products we are rapidly spearheading game-changing partnerships, developing new components and implementing APIs that enable reverse lenders to improve performance by connecting with other similar best-of-breed mortgage systems."

"This year's Tech100 list is stronger than ever! We leveraged a highly-qualified selection committee to review all nominations and guide the selection process. This extra layer of expertise and practical exposure to selected companies was influential in helping HousingWire recognize the 100 fintech companies that deserve the honor of being named the greatest players in the game," said HousingWire Editor-in-Chief Jacob Gaffney. "We couldn't be more proud of the innovators and entrepreneurs behind these organizations and we hope you'll join us in celebrating their inclusion on the most prestigious list of its kind - the HW Tech100."

Now in its sixth year, the HW Tech100 awards program recognizes the most innovative technology companies in U.S. real estate, mortgage lending, mortgage servicing and investments. The full list of honorees can be viewed in the April edition of HW Magazine and online at https://www.housingwire.com/articles/48513-here-are-the-housingwire-2019-tech100-winners.

About ReverseVision:
ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With many thousands of active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A four-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

About HousingWire:
HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

Twitter: @ReverseVision @HousingWire #2019HWTECH100

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire (HW) Magazine's Tech100 list of innovative housing technology companies for a fourth time. ReverseVision was previously named a HW Tech100 honoree in 2015, 2017 and 2018.

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This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.

The NMP award, new this year, honors "women who continue to blaze new trails and lead the way for a brighter future in today's mortgage profession." Peel was recognized for reimagining and redirecting how Home Equity Conversion Mortgages (HECMs) and other reverse mortgage products are viewed by lenders and consumers in ways that will have a long-lasting and positive impact on the mortgage industry.

Peel's innovative Generational Lending(TM) approach to serving borrower needs across the consumer lifecycle has entrenched ReverseVision as the reverse mortgage market's most dynamic and leading origination platform while simultaneously winning over lender hearts and minds on the benefits of reverse mortgages. She is a regular contributor to industry trade publications, writing on topics from Generational Lending to connecting with baby boomers online.

"When Wendy joined us in 2015, she embarked on a multi-year education campaign to enlighten lenders and brokers as to the significant opportunity open to them in originating HECMs," said John Button, president and CEO of ReverseVision. "More recently, she has expanded on that theme to demonstrate the positive impact of positioning HECMs alongside traditional mortgages for every potential borrower."

"My mission has been to help lenders realize the many potential opportunities that reverse mortgage products offer to better meet the needs of borrowers," said Peel. "It's gratifying to play a role in helping lenders succeed."

A complete list of Mortgage Banking's Most Powerful Women appears in the October issue of NMP: https://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201810/#/0.

About National Mortgage Professional:

National Mortgage Professional Magazine has become "The Source for Top Originators" - that connects the mortgage professional community under various media formats. Our exceptional team of industry-seasoned monthly contributors combined with our knowledgeable editorial staff, all with meaningful expertise in their respectful disciplines, provide the most up-to-date news, insight and advice for today's mortgage professional. We are committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available through our many resources, including, but not limited to, articles in the print edition of National Mortgage Professional Magazine and 38 state-specific e-editions, the NMP Daily and NMP Ticker email newsletters, the exclusive daily news stories and postings on our website (https://nationalmortgageprofessional.com), and our regular series of original Webinars, along with a number of additional resources in the works.

About ReverseVision:

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A three-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com.

Twitter: @ReverseVision #reversemortgage #HECM @NatlMortgagePro #mortgagebanking

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.

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This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision and STRATMOR Group Partner to Integrate First-Ever HECM Borrower Satisfaction Benchmark into MortgageSAT

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR's MortgageSAT Borrower Satisfaction Program.

Many of the borrower satisfaction measures that apply to traditional loans also apply to HECM loans, but there are unique elements to HECM origination that factor into the borrower experience as well, such as the requirement that HECM borrowers complete reverse mortgage counseling with an independent third party. To ensure its MortgageSAT program accurately considers these unique HECM processes, STRATMOR Group will build a tailored survey with input from ReverseVision.

"Bringing MortgageSAT to reverse lenders is exciting for a number of reasons," said STRATMOR MortgageSAT Program Director Mike Seminari. "As the dominant provider of reverse mortgage technology, ReverseVision is uniquely positioned to engage a large sample of lender participants, making this a true benchmark lenders can use to assess their performance against a meaningful peer dataset."

According to ReverseVision President and CEO John Button, reverse mortgages still suffer from a poor reputation despite the fact that the causes are long resolved with a HECM program that is safer than ever. "We expect the MortgageSAT survey results, including borrower comments, will shed light on the fact that reverse borrowers are thoughtful people who are planning for their financial futures," said Button. "The vast majority of them are very happy with both the process and the loan product."

With the MortgageSAT program, ReverseVision customers will be able to survey every borrower within 24 hours of loan closing. Direct, instant borrower feedback, along with deep insights into the loan process and the people involved, will enable lenders to pinpoint sources of borrower dissatisfaction and quickly take corrective action. MortgageSAT will provide individual scores for each participant in the HECM process (e.g., counselor, loan officer or broker, processor, underwriter and closer) and measure the borrower's perception of the entire experience with analysis by region, branch and individual employee.

"We're eager to give reverse lenders the ability to understand what's working and what's not working in their origination process," said Seminari. "MortgageSAT's value for lenders includes its ability to deliver actionable insights for mortgage leaders and coaching moments for employees."

About STRATMOR Group:

STRATMOR Group is a leading mortgage industry advisory firm that provides a range of programs and services designed to counsel lender CEOs and senior executives. STRATMOR serves more than 250 companies annually, providing strategies that increase growth and improve profitability in sales, marketing, technology, operations and mergers and acquisitions using comprehensive, propriety data and key insights gained through extensive experience in the mortgage industry. The company is well known for its financial models and its collaboration with the Mortgage Bankers Association in the PGR: MBA and STRATMOR Peer Group Roundtables program. Find out more about STRATMOR on its website at https://www.stratmorgroup.com/.

About ReverseVision:

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A three-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities. For more information, visit https://www.reversevision.com.

Twitter: @ReverseVision @STRATMORGroup #HECM #MortgageSAT

News from ReverseVision Inc.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR's MortgageSAT Borrower Satisfaction Program.

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This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ReverseVision Expands Support for Proprietary Reverse Mortgage Products

SAN DIEGO, Calif. /ScoopCloud/ -- 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's release of enhanced proprietary product support comes in response to an uptick in lender interest in proprietary reverse products following last October's changes to the HECM program by the U.S. Department of Housing and Urban Development (HUD).

"In the current market, well over nine out of 10 reverse mortgages are HUD-insured HECMs, which leaves a lot of room for growth in proprietary products," said Wendy Peel, vice president of sales and marketing at ReverseVision. "After several consecutive years of responding to HECM program changes, lenders are eager for an opportunity to stabilize their operations and fill borrower needs not addressed by the HECM program. The double-digit growth we're currently witnessing in the proprietary products niche of senior lending closely resembles the trajectory of non-QM lending in the traditional mortgage space."

ReverseVision says innovative lenders are reinvigorating their reverse mortgage businesses by developing counterparts to forward proprietary loan programs that target gaps in the market. For instance, though HECMs allow senior homeowners to tap into their home equity wealth at very low cost over the long term, upfront fees can be prohibitive - especially since October 2017 regulatory changes. Proprietary reverse mortgages can help seniors secure a reverse mortgage loan with lower upfront costs.

Proprietary reverse mortgages can expand access to home equity for seniors with home values much greater than the HECM maximum claim amount of $679,650. Proprietary products also have more flexibility for condominiums than HECMs and provide opportunities to lend to borrowers younger than HECM's minimum age of 62. Designers of proprietary reverse mortgages have even begun adding options like monthly term payments to their products.

"We've designed our system for flexibility so that we can configure almost any proprietary product without a major software release," said Jeff Birdsell, vice president of professional services at ReverseVision.

The lender process for submitting a new proprietary product to ReverseVision is simple. Once a lender has designed a proprietary product and its accompanying document package, the lender need only submit a completed proprietary products questionnaire to ReverseVision to initiate the setup.

Once the proprietary product and associated documents have been configured within ReverseVision's flagship RV Exchange (RVX) loan origination system - a process that takes an average of eight to ten weeks, soup to nuts - lenders gain full transparency into the product setup and can even change certain settings, such as product names and lender margins, at will. A support staff that specializes in assisting lenders with proprietary products is available to perform more complex adjustments and answer customer inquiries.

"Pioneering proprietary products have the potential to elevate reverse mortgages beyond the complexities, caps and limitations of HUD's HECM program," said Birdsell. "They'll also create some stability in the industry where sudden government changes to the HECM program have sent reverse lenders into emergency response mode. These new products could also drive loan production by competing more directly with traditional loans and serving a broader range of customer needs."

If you are interested in creating a proprietary product, please contact ReverseVision at proservices@reversevision.com.

About ReverseVision:

ReverseVision, Inc. is the leading provider of technology and training for Home Equity Conversion Mortgage (HECM) origination. With nearly 10,000 active users, ReverseVision technology is used by 10 of the top-ten reverse mortgage lenders and supports more HECM transactions than all other systems combined. The company's comprehensive product suite also includes HECM sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its HECM technology to brokers, correspondents, lenders and investors.

A three-time HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance HECM lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' HECM volume, workflow efficiency and data analysis capabilities.

For more information, visit https://www.reversevision.com/.

Twitter: @ReverseVision #reversemortgage #proprietaryloans

News from ReverseVision Inc.

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.

Related link:

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.