Tag Archives: Home Equity Conversion Mortgage

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/.

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/

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/

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/

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/

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/

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/.

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/

Florida’s Best Reverse Mortgage Company Announces Launch of Interactive Website Promising to Give Senior Homeowners Instant Answers

CLEARWATER, Fla. /ScoopCloud/ -- Florida's Best Reverse Mortgage Company, a Clearwater based reverse mortgage firm, has announced the launch of a new interactive website: www.FloridasBestReverse.com.

The website's centerpiece is an interactive qualifier that can calculate a homeowner's available equity. Placed right on the homepage, users can enter a few pieces of non-personal information and instantly find out how much money they can potentially qualify for through a reverse mortgage.

The website is also bursting with reverse mortgage information. A "Reverse Mortgage Process" section takes us an easy-to-understand journey through the reverse mortgage loan process, and an aptly named "Knowledge Center" tab has plenty of reverse mortgage information and gives answers to commonly asked questions.

"The speed and power of technology is amazing these days. Our goal was to find a way to get information into the hands of folks in a manner that is simple, easy to understand, and fast," Said Brian Correa, President of Florida's Best Reverse Mortgage Company.

"With that in mind, we created an interactive tool on our homepage that can quickly answers the equity question all potential borrowers ask: how much money do I qualify for?" he said. "We really strived to create something accessible and modern, a way to give seniors more information and more choices when it comes to reverse mortgages. I think we have achieved that."

A reverse mortgage (Sometimes referred to as a Home Equity Conversion Mortgage, or HECM), is a mortgage available to seniors as young as 60 that does not require a mortgage payment. Equity in the form of tax-free cash can be used for almost any purpose, although debt consolidation and elimination of current mortgage payments are among the most popular uses.

To learn more, visit: http://FloridasBestReverse.com

About Florida's Best Reverse Mortgage Company:

Based in Clearwater, Fla., Florida's Best Reverse Mortgage Company is a boutique mortgage brokerage firm that specializes in reverse mortgages, and caters to the Florida market exclusively. Dedicated to providing reverse mortgage products to senior homeowners 60 and up, Florida's Best Reverse Mortgage is community driven and locally focused.

Florida's Best Reverse Mortgage Company, a Clearwater based reverse mortgage firm, has announced the launch of a new interactive website. The website's centerpiece is an interactive qualifier that can calculate a homeowner's available equity.

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

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/

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

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/

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

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/

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

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/

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/.

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: https://www.reversevision.com/

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/.

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.

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

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

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).

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

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

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: https://www.reversevision.com/

ReverseVision and Allegiant Reverse Services Partner to Simplify Title Ordering for HECM Loans

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings. The integration of ARS' Order Source order management system with ReverseVision's RV Exchange (RVX) loan origination system (LOS) enables ARS settlement agents to place title orders and track files directly from the RVX platform.

Used by all 10 of the top-ten HECM lenders, RVX provides a central point of access for participants in the HECM financing process to securely view loan information, share documents and communicate throughout the lending process. RVX reduces the incidence of document errors, strengthens information security and expedites time-to-close by making the tools for the entire HECM lifecycle accessible through a single portal - from point of sale to post-closing and secondary marketing.

Roseville, California-based ARS is a division of both FNC Title of California and FNC Title Services, LLC. Together, FNC and ARS are the most dominant title companies in the HECM industry.

"Integrating ARS' order management system into RVX enables settlement agents to place orders, review documents and securely communicate about the closing process without having to log in to a separate website and rekey data," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "We are pleased to play a role in facilitating an enhanced HECM borrowing experience for ARS and its customers."

"Our partnership with ReverseVision supports ARS' ongoing effort to provide exceptional efficiency of service," said Megan Hafenstein, vice president at ARS. "Now, ARS customers can reap the benefits of a more cohesive and simplified HECM process by placing orders and managing documents directly within RVX."

About Allegiant Reverse Services:

Allegiant Reverse Services (ARS) is a full-service title and settlement company dedicated to nationwide reverse mortgage closings. ARS is a division of FNC Title Services, LLC, which is headquartered in Rockville, Maryland. Over the years, the ARS team has advocated for the reverse mortgage industry in a highly proactive way, providing education and training for lenders and brokers while efficiently handling the transactions of senior borrowers. As a result, the team has earned superior trust and established a network of strong connections throughout the United States. To learn more about ARS please visit http://www.allegiantreverse.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 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 reverse mortgage lending. 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 http://www.reversevision.com/.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings.

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

ReverseVision Partners with DataVerify to Help HECM Lenders Improve Loan Quality, Reduce Repurchase Risk

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE(R) verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.

On average, mortgage loans experience 2.85 data changes between application and closing. These changes range from simple data corrections to undisclosed borrower assets and liabilities to changes in property valuation. Such data changes can not only affect borrower loan eligibility, but also frequently lead to increased loan review time, diminished loan performance, and greater repurchase risk for lenders.

DRIVE, available to customers of RVX as of December 2017, streamlines the loan review process by combining multiple data integrity, fraud and compliance risk evaluations in one state-of-the-art system. The DRIVE report can include more than a dozen services, including Social Security number and 4506-T tax return verifications. DataVerify's proprietary DRIVE Score summarizes the level of risk associated with the loan, and results can be refreshed throughout the origination process for real-time monitoring of material loan data changes.

"ReverseVision is committed to equipping our lender customers with top-of-the-line tools for optimizing loan quality and efficiency," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "DataVerify is one of the mortgage industry's most trusted providers of data verification services, and we are proud to make its DRIVE system available to HECM lenders through RVX."

"At DataVerify, we believe in the power of sound, reliable risk mitigation for lenders in all facets of the mortgage industry," said Brad Bogel, senior vice president of DataVerify. "By partnering with ReverseVision, we can provide easy to understand borrower and loan data to the reverse mortgage industry through their dynamic origination platform."

To add DataVerify's DRIVE platform to RVX, please have your administrator enable the service contract for DataVerify. Note: An account with DataVerify is required to use this integration.

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 2017 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 DataVerify:

DataVerify is the premier provider of risk mitigation, data validation, and decision management solutions for the mortgage industry. DataVerify harnesses advanced analytics and technology to create automated and configurable workflow and decision management solutions. Our highly responsive platform empowers lenders to make precise and consistent business decisions through an engine that identifies and measures hidden threats such as data integrity errors and misrepresentations, identity theft, and property and application risk. Engineered to offer optimal flexibility, the DataVerify platform (which incorporates 4506-T, SSA, and employment and income verification) allows lenders to manage risks according to their institution's tolerance level.

For more information about DataVerify, please call 866-895-3282 ext. 5 or access the company's website at https://www.dataverify.com.

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.

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

ReverseVision Names New CTO and VP of Operations to Senior Management Team

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.

Magner brings more than 20 years' technology leadership experience across such diverse verticals as banking, enterprise security, travel and leisure, lifestyle products and automotive. As CTO of ReverseVision, he will guide the firm's product development, platform operations and internal IT teams.

Prior to joining ReverseVision, Magner was president and chief operating officer of San-Diego based Eturi, a market leader in mobile parental control software. Magner has also held executive and senior management positions at Mitek Systems, Symantec, MGM Mirage Resorts and Wynn | Encore Las Vegas.

Lund has over 25 years' experience driving operational improvements and leading customer service and support teams for companies in a variety of industries. As VP of operations, Lund will oversee ReverseVision's training, professional services, education and document operations departments.

She joins ReverseVision from Affinity Development Group, where she served as vice president of member services and was responsible for managing the performance of Costco's Auto Program contact center. She has also served in executive roles at Mitchell International and Inetcam. Lund holds a master's degree in communication management from the University of Southern California.

"We are pleased to welcome two highly experienced leaders to our senior management team," said ReverseVision President and CEO John Button. "Through their respective roles in technology and operations oversight, Jim and Stacey will each play a significant role in helping ReverseVision achieve our operational goals, drive positive customer experiences and lead the business into the future."

"In today's economy, every company needs to be customer-focused," said Lund. "I believe my intensely customer-centric background in enterprise-level SaaS support, partnered with ReverseVision's strong strategic and data analytics, will help us transform our client experience and propel the company forward. I am excited to join the ReverseVision team!"

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 2017 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/.

*IMAGES FOR MEDIA:
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ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.

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

‘The Property Man’ Bob Massi to Speak on HECM for Purchase Loan Program During Special Session at ReverseVision UserCon 2018

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.

Massi's presentation, part of ReverseVision's third annual user conference held February 6-8 at the Kona Kai Resort and Spa in San Diego, will provide attendees with a brief overview of the often-misunderstood HECM for Purchase loan program and deliver guidance on how to market this unique product to the qualified borrowers who stand to benefit from it. Following his opening address, Massi will moderate a panel discussion in which seasoned HECM for Purchase originators will share their personal experiences, success stories and actionable tips for building a successful HECM for Purchase business.

HECM for Purchase is an FHA-insured program through which qualified borrowers can use the equity from the sale of a previous residence to buy their next primary home and take out a HECM loan with no required monthly principal-and-interest payment.

"Over the course of three seasons hosting 'The Property Man' on Fox Business Network, I've had the opportunity to interview dozens of mortgage experts and homeowners about their experiences - both good and bad - with reverse mortgages," said Massi. "Today's HECM for Purchase is a revolutionary loan program that is altogether different from reverse mortgages of the past. I look forward to sharing my unique perspective on why this loan product should be available to more people and how to go about getting the word out."

"Millions of consumers around the country trust Bob Massi for his expert analysis of legal issues, housing trends, political issues and more. Mr. Massi has been delivering on-the-ground coverage of real estate news since the days of the financial crisis, and we couldn't be more pleased to enhance our conference programming with his unique perspective on the HECM for Purchase program," said ReverseVision Vice President of Sales and Marketing Wendy Peel.

A high-profile legal analyst with more than three decades of courtroom experience and 20 years in cable news, Massi's weekly television show "The Property Man" (Fridays at 8:30 pm ET on Fox Business Network) provides viewers with invaluable insight and expertise on the trends of a constantly shifting real estate market. Massi also appears on the "Fox & Friends" morning news show every Thursday covering real-time legal and real estate issues and hosts the weekly "Inside the Law" segment on KVVU-TV in Las Vegas. He is the author of "People Get Screwed All the Time: Protecting Yourself from Scams, Fraud, Identity Theft, Fine Print and More" and runs his own law firm, Massi & Massi, in Nevada.

Early-bird registration:

Early-bird registration for RV UserCon 2018 ends November 15. To apply for corporate sponsorship or speaking opportunities, contact: connect@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 2017 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/.

ReverseVision, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that legal analyst and cable news mainstay Bob "The Property Man" Massi will address attendees of RV UserCon 2018 in a session focused on the HECM for Purchase loan program.

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

ReverseVision Partners with Premier Reverse Closings (PRC) to Streamline Title Ordering for Home-Equity Conversion Mortgages

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.

RVX is a centralized exchange that allows all participants in the lifecycle of a HECM to log in to a single system to share documents and information for each part of the loan process. By connecting point-of-sale, processing, underwriting, funding, post-closing and secondary marketing under one roof, RVX reduces document errors, heightens information security and shortens fulfillment times.

Rocklin, California-based PRC is the leading national title and settlement company to specialize in reverse mortgages. PRC specialists have closed more than 175,000 transactions - most of them HUD-insured HECMs - since its founding more than nine years ago.

"Through our partnership with PRC, RVX users can now easily and efficiently request specialized title services from the nation's leading expert in reverse mortgage closings," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "We look forward to a long a fruitful partnership with PRC that will generate even more solutions for optimizing the HECM lending process."

"As leaders of our respective corners of the industry, Premier Reverse Closings and ReverseVision share a commitment to excellence in serving both reverse mortgage professionals and borrowers," said Heather Moulden, senior vice president of sales for PRC. "By integrating with PRC, RVX has given its customers access to a dedicated team of the industry's most experienced HECM closing specialists."

According to a ReverseVision spokesperson, RVX plans to enhance its integration with PRC by adding a fee lookup feature in a future release.

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 2017 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 Premier Reverse Closings:

Based in Rocklin, California, Premier Reverse Closings is a national title and settlement firm specializing in reverse mortgage closings. Since its founding, PRC's specialists have closed more than 175,000 transactions nationwide. PRC is a member of the Mother Lode Holding Company (MLHC) family of companies.

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

ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.

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

Norcom Mortgage Names ReverseVision Its Provider of Choice for End-to-End HECM Technology

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.

In addition to ReverseVision's flagship RV Exchange (RVX) loan origination software (LOS), Norcom has deployed RV Database (RVDB), an add-on that enables lenders to create a local "data warehouse" of pertinent reverse mortgage data, and RV Sales Accelerator (RVSA), a web-based tool that helps loan officers drive HECM loan volume.

"Over the course of my career, I've managed hundreds of HECM transactions using both proprietary and name-brand solutions," said Pete Mendenhall, Certified Reverse Mortgage Professional (CRMP) and Vice President of HECM Lending for Norcom. "What I like about ReverseVision's technology is that it gives me the ability to manage and oversee everyone who touches the loan and keep them pulling in the same direction. For example, the real-time report in RVSA gives me a birds-eye view of where my prospects are in the origination life cycle with the push of a button."

Norcom has also leveraged ReverseVision's integrations with Velocify's customer relationship management (CRM) tools and Ellie Mae's Encompass(R) LOS to streamline lead management and loan fulfillment.

"ReverseVision's integrations deliver a lot of flexibility and time savings," added Mendenhall. "Our traditional/forward and HECM teams can easily trade leads with one another. At the same time our HECM loan officers are working in RVX, our operations team - which is responsible for closing and funding - can work in Encompass, which they know best, without any balls getting dropped."

Founded in 1989, Norcom is a generational lender that has grown rapidly since evolving from a mortgage broker to a mortgage lender in 2005. Working to be licensed in all 50 states, Norcom is currently licensed in 40 U.S. states plus the District of Columbia and Guam. Its team of more than 130 loan officers and 102 third-party originator (TPO) partners offers a 360-degree variety of conventional and specialized loan products, including HECMs and other equity-release programs.

"On its own, RVX is powerful origination technology that connects every participant in the lifecycle of a HECM loan - all the way to the secondary market," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "When supported by ReverseVision's full product suite, RVX becomes an unstoppable tool for helping lenders like Norcom Mortgage accelerate business and close more loans. We are honored to be Norcom's provider of choice for reverse mortgage technology, and we look forward to a partnership marked by growth and success."

About ReverseVision:

ReverseVision 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 2017 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 Norcom:

Founded in Avon, Connecticut, in 1989, Norcom is a fast-growing generational lender serving families throughout the United States. The Norcom family offers customers a wide range of mortgage programs that fit their needs and superior customer service while placing an emphasis on speed, flexibility and low rates. The company gives back to the communities it serves through its outreach division, Norcom Cares.

For more information, visit https://norcommortgage.com/.

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ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Norwich Commercial Group, Inc. dba Norcom Mortgage (Norcom) has selected ReverseVision as its provider of choice for end-to-end HECM technology.

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

New Data from ReverseVision Shows Influx of Traditional Lenders and Directly Licensed Clients into HECM Industry

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, reported a record number of newly licensed lenders entering the Home Equity Conversion Mortgage (HECM) market in 2017, according to data from its RV Exchange (RVX) loan origination system (LOS). Over the same time period, ReverseVision saw an average of three new mortgage bankers begin offering HECM loans each day.

"Growing interest in HECM lending among traditional mortgage lenders is a trend that STRATMOR Group has been tracking for some time now," said Jim Cameron, senior partner at mortgage industry advisory firm STRATMOR Group. "The increased activity, which shows no signs of slowing, appears to be driven by factors inclulding favorable economic conditions, growth in HECM's core borrower demographic and the availability of HECM sales and origination technologies that compare favorably with their forward lending counterparts."

ReverseVision collects HECM data and insights from its flagship RVX LOS as well as its RV Sales Accelerator (RVSA) software. Since ReverseVision technology is used by a substantial share of the HECM market, including all 10 of the top-producing HECM lenders, its data is a strong indicator of overall industry trends.

RVX serves as a centralized exchange that connects all participants in the lifecycle of a HECM loan, allowing them to log in to a single system to share documents and information throughout the loan process. The system encompasses everything from point-of-sale, processing and underwriting to funding, post-closing and secondary marketing.

"In additional to an influx of traditional lenders and banking institutions entering the space, we have also experienced an increase in lenders leveraging our full suite of products for various reasons, including compliance," said Wendy Peel, VP of sales and marketing at ReverseVision. "Many of these mortgage bankers are realizing for the first time the impressive level of control they gain over their businesses by directly licensing our RVX software. They are finding that this control over products, pipeline and closing documents is a distinct advantage in enabling their forward loan officers to offer HECM loans, making the technology well worth the investment."

"Only after becoming a directly licensed RVX lender did I experience the platform's true potential," said Omar Ennabe, a mortgage originator with Ennkar, a division of San Diego-based Dyjero Corporation. "Having full access to administrative controls gives me the power to determine my doc packages and fees as well as efficiently manage my loan officers' pipelines - all of which I expect will result in increased loan volume."

Ennkar is an up-and-coming mortgage bank that is swiftly climbing the ranks of top HECM originators. The company is actively seeking branch acquisition opportunities to further expand its footprint on the West Coast and beyond.

In response to the influx of traditional lenders into the HECM industry, ReverseVision will dedicate an entire track of programming at its UserCon 2018 to educating those who have recently entered the HECM market or are considering doing so. The third annual event will be held February 6-8 at the Kona Kai Resort & Spa in San Diego. For more information, visit https://www.reversevision.com/usercon2018.

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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com.

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ReverseVision, the leading provider of software and technology for the reverse mortgage industry, reported a record number of newly licensed lenders entering the Home Equity Conversion Mortgage (HECM) market in 2017, according to data from its RV Exchange (RVX) loan origination system (LOS).

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

Western Ohio Mortgage Corp Selects ReverseVision’s RV Exchange LOS for Home Equity Conversion Mortgage Origination

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading technology provider for the reverse mortgage industry, today announced that Western Ohio Mortgage Corp. (WOMC) has selected RV Exchange (RVX) loan origination technology to support its Home Equity Conversion Mortgage (HECM) operations.

WOMC is a community lender serving customers in Ohio, Kentucky, Indiana, Tennessee and Florida. An experienced originator of both conventional and specialized loan products, WOMC has offered HECM products for more than a decade, first as a broker and in more recent years underwriting its own reverse loans.

According to WOMC President Teresa Rose, the move to RVX coincides with growing interest in HECM origination among WOMC's loan officers, particularly when it comes to the HECM for Purchase. HECM for Purchase is a FHA-insured reverse mortgage program through which qualified borrowers can use the equity from the sale of a previous residence to buy their next primary home and take out a reverse mortgage with no required monthly principal and interest payment.

"One of the great things about RVX is that it has safeguards built in to help loan officers who are new to HECMs avoid missing essential steps in the origination workflow," said Rose. "Together with the specialized training Western Ohio Mortgage requires of all HECM loan officers, RVX makes it easy to originate HECMs efficiently and compliantly."

"ReverseVision welcomes the opportunity to serve Western Ohio Mortgage and its customers in the American heartland," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "HECM products are specifically designed to meet the needs of senior customers, making them an essential loan product for any lender who wants to continue delivering value to customers later in life."

ReverseVision's RVX serves as a centralized exchange that connects all participants in the lifecycle of a HECM loan and allows them to log in to a single system to share documents and information throughout the loan process. The system encompasses everything from point-of-sale, processing and underwriting to funding, post-closing and secondary marketing.

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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com.

About Western Ohio Mortgage Corp.:

Founded in 1999, Western Ohio Mortgage Corp. (WOMC) is a community lender serving customers in Ohio, Kentucky, Indiana, Tennessee and Florida. Its mission is to set a high standard in the mortgage industry through its committment to quality customer service and putting the people it serves first. For more information, visit https://www.westernohiomortgage.com or call 800-736-8485.

ReverseVision, the leading technology provider for the reverse mortgage industry, today announced that Western Ohio Mortgage Corp. (WOMC) has selected RV Exchange (RVX) loan origination technology to support its Home Equity Conversion Mortgage (HECM) operations.

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

Kiel Mortgage Selects ReverseVision RVX Loan Origination Software to Support Expansion of Its HECM Division

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Kiel Mortgage has chosen RV Exchange (RVX) loan origination software (LOS) to power its home-equity conversion mortgage (HECM) division.

Founded three decades ago by a husband-and-wife team, Kiel Mortgage is a privately-held mortgage lender serving three states in the Pacific Northwest region. After originating a handful of HECMs over the years, Kiel Mortgage Co-founder Laura Kiel decided to add HECMs as a permanent part of Kiel Mortgage's product line and created a reverse lending division under her supervision.

"Even before establishing our reverse mortgage division, we were originating a few HECMs per year. With each transaction, we saw how helpful this product is and how much comfort and peace of mind it brings to borrowers," Kiel said. "Once HUD revamped the HECM program to offer even greater borrower benefits and security, we knew HECMs would become an important opportunity for many people over the age of 62 and decided to establish a specialty in reverse mortgages."

Committed to educating the Pacific Northwest on all things HECM, Kiel makes a monthly appearance on "Aging Options," a radio show that focuses on a wide range of issues affecting seniors. Hosted by an elder law attorney, "Aging Options" is the number one-rated Saturday morning radio program in the Seattle area. In addition, Kiel Mortgage hosts its own weekly radio show on Sundays to educate listeners on the Seattle-area housing market and answer questions on real estate financing options, including HECMs.

"As both a dedicated originator of HECM loans and passionate advocate for borrower and industry education, Kiel Mortgage represents the very best in reverse mortgage lending. We are thrilled to help facilitate their growth in the reverse mortgage space," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "With product-specific technology from ReverseVision, Kiel Mortgage is well placed to continue expansion of its reverse mortgage division and offer seniors in the Pacific Northwest options for purchasing a home or aging in place comfortably."

RVX, ReverseVision's flagship product, provides a single platform in which all participants in the reverse mortgage lifecycle can connect to exchange documents and data for each part of the origination process. The system also encompasses functionality to power a lender's entire reverse mortgage operations, including point-of-sale, processing, underwriting, funding, post-closing and secondary marketing.

"All of the investors we work with use RVX, so it made total sense for us to deploy it as our reverse LOS. We didn't even consider another option," Kiel said.

To support Kiel Mortgage's implementation of RVX, ReverseVision's Professional Services team conducted on-site installation and training at the lender's Renton, Washington, headquarters over the course of two days.

Having recently expanded its reverse mortgage division to include dedicated personnel in California, Kiel says the company plans to add additional staff in Oregon to support its HECM origination efforts.

"Reverse mortgages are truly an emerging market; it's a specialized product that requires dedicated attention and care," Kiel added. "Thanks in part to our education efforts, we're seeing a dramatic, positive shift in the perception of reverse mortgages in our area."

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 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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com.

About Kiel Mortgage:

Headquartered in Renton, Washington, Kiel Mortgage is a privately-held mortgage lender that has been originating mortgages in the great Pacific Northwest for over three decades. Its highly trained and supportive team members are committed to building strong client relationships by listening to individual needs and shaping mortgage programs that are specifically tailored to meet individual needs and goals.

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

ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Kiel Mortgage has chosen RV Exchange (RVX) loan origination software (LOS) to power its home-equity conversion mortgage (HECM) division.

ReverseVision Expands RV University (RVU) with 3-Day Live Training Course that Accelerates Reverse Mortgage Loan Originator Success

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced the expansion of its RV University (RVU) education and training program with the addition of a three-day Accelerated Loan Originator Training course available live each month at ReverseVision's San Diego training facility.

Launched in March, the live training course is specifically designed for loan originators and processors looking for quality Home Equity Conversion Mortgage (HECM) education and software training. Both front-line originators and managers will benefit from programming designed to accelerate the HECM origination process and position companies to achieve optimum results.

ReverseVision will offer the course on a monthly basis and is currently accepting enrollment for its May and June sessions. The three-day session covers all facets of HECM education, beginning with a primer on loan structure and regulatory guidelines on day one. Day two gives students hands-on practice preparing proposals and disclosures for various origination scenarios using ReverseVision technology. On the final day of the training, attendees learn compliant and successful sales methods for describing HECM loans to a range of borrowers and referral partners.

Mickey Cunningham, an experienced forward loan originator with Gateway Mortgage Group, is one of 11 students who attended the first Accelerated Loan Originator Training session in March. Gateway Mortgage Group is among the largest privately held mortgage bankers in the country.

"The HECM product is unlike any other loan product I've worked with during my 26-year career in mortgage," said Cunningham. "While it was great to test-drive ReverseVision's excellent technology, what really stood out for me was the incredible amount of loan education. Anyone who is going to originate HECM loans needs to have this kind of training."

Christina Harmes, assistant manager of C2 Financial's reverse mortgage division, also attended the session. C2 is the largest mortgage broker in California and second-largest broker in the United States.

"Reverse mortgages will be trending for some time thanks to rising interest rates and the size of the Baby Boomer generation. There's a real need for comprehensive training to help forward loan officers learn how to originate reverse mortgages," said Harmes. "In fact, that's why I enrolled in RVU - to evaluate whether the program could be used to help C2 as we train more forward loan officers to originate HECM products."

"I was really pleased by the amount of information geared toward HECM newcomers and the methodical way it was delivered," Harmes continued, "but what I didn't expect is that I would learn so much myself. As a professional who's closed many reverse mortgages, it was gratifying to receive definitive answers to some more advanced questions I've been wondering about for some time."

ReverseVision has offered 24/7 online training through its RVU platform for the last three years. RVU's online classes remain an affordable option for mortgage lenders seeking introductory and "refresher" HECM education. In addition, select courses qualify attendees to earn credits toward Nationwide Multi-State Licensing System (NMLS) and Certified Reverse Mortgage Professional (CRMP) continuing education requirements. The CRMP program, administered by the National Reverse Mortgage Lenders Association (NRMLA), is the highest industry credential for reverse mortgage professionals.

"Key regulatory changes have evolved the HECM significantly, which is why both new and experienced reverse mortgage professionals stand to benefit from hands-on training that addresses product knowledge, HECM selling techniques and the RV Exchange software," said Wendy Peel, vice president of sales and marketing at ReverseVision. "Normalizing this product so that more traditional lenders see HECMs as a natural addition to their product offerings will be key to our industry's continued growth and success."

To register for Accelerated Loan Originator Training or another RVU course, visit http://rvu.reversevision.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 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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com/.

ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced the expansion of its RV University (RVU) education and training program with the addition of a three-day Accelerated Loan Originator Training course available live each month at ReverseVision's San Diego training facility.

Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.

Branch Manager Chad Cavanaugh, who oversees the lender's HECM division from its Farmington Hills, Michigan location, said that implementing RVX will support BOE Mortgage as it grows the HECM division and expands availability of a home-equity product that is a boon for retirees. BOE Mortgage has been in business for 118 years and provides customers access to hundreds of mortgage products, including HECMs.

"A HECM loan can be a great solution for anyone over 62 who's on a fixed income, and more people are recognizing its value every day," Cavanaugh said. "With HECM, we can give our customers a way to keep their home and still enjoy the equity they've put into it. It's a great way to deepen our relationship with customers as they move into retirement."

Cavanaugh said the bank chose to work with ReverseVision because of its reputation as the industry standard and its smooth integration with other systems.

"RVX integrates easily with our other software, so salespeople and loan officers can all easily work together on the same file," said Cavanaugh. "Information only has to be entered once, and then RVX populates all relevant programs and documents. This makes our process more efficient and helps position us for some significant growth in the HECM arena."

RVX is ReverseVision's flagship product and serves clients as a centralized exchange that connects all participants in the lifecycle of a reverse mortgage - a model that is unique in the mortgage industry. By logging in to a single system, participants can work together on each part of the loan process, from point of sale, processing, underwriting, funding and post-closing to secondary marketing. In addition to a more efficient process, Bank of England will benefit from reduced document errors, heightened information security and shorter fulfillment timelines.

"We're delighted to partner with Bank of England in helping customers achieve a more well-rounded retirement portfolio through this home-equity product," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "People 62 and older hold over $6 trillion in home equity in the U.S., making HECM origination not only an excellent business decision but also a smart customer relationship move to serve the bank's most valuable customers: baby boomers."

About Bank of England Mortgage:

With locations in 39 states and licensed to lend in all 50, Bank of England Mortgage has been meeting the needs of homebuyers since 1898. It operates as a division of Bank of England, a locally owned bank headquartered in England, Arkansas, that prides itself on providing clients the expertise and services traditionally offered by the largest financial institutions in the country - but with the integrity of a community bank. BOE Mortgage focuses on helping clients find home loan and refinancing options that fit their needs and lifestyle. More than 1,000 employees in 93 locations offer the most comprehensive selection of mortgage and refinance options on the market.

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 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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com/.

ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.

ReverseVision’s Second Annual User Conference Draws Newcomers to Reverse Mortgage Industry

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, drew a record crowd of reverse mortgage lenders, brokers and industry newcomers to its second annual user conference February 8-10 at the Hilton San Diego Mission Bay Resort and Spa.

More than 90 companies attended the sold-out event, including many "new to the industry" participants who are exploring the possibility of adding the Home Equity Conversion Mortgage (HECM) and related products to their businesses. ReverseVision's opening "HECM Facts Track" session, developed especially for new reverse mortgage originators, kicked off an agenda geared toward bringing traditional mortgage bankers into the reverse mortgage industry. Based on pre-registration figures, ReverseVision projected as many as 50 individuals would attend the session; in reality, attendance nearly doubled those expectations.

Other conference sessions covered a diverse array of topics designed to accelerate attendees' reverse lending efforts in 2017, including compliance, data trends and technology training. Guest speakers from the nation's top reverse mortgage lenders revealed best practices for marketing, networking and wholesale operations, while special session speaker Rob Chrisman and panelists from Fidelity Bank, Banner Bank and Yadkin Bank shared perspectives from traditional bank lending.

"As one of the nation's top 10 reverse lenders, HighTechLending participates in many conventions. ReverseVision's user conference is our favorite because of the great content and great attendance not just by owners, but by producers," said Don Currie, president of HighTechLending. "Our first panel drew an audience of close to 100 lenders, all new to the industry. The next week we followed up by hosting a 'Rock the Reverse World' webinar that over 60 attended. We'll definitely be back next year."

"We are optimistic that so many new mortgage bankers attended to learn more about the HECM product and its essential place as a product or line of business in any mortgage banker's strategy," said Wendy Peel, vice president of sales and marketing for ReverseVision.

Peel elaborated, "Shifting interest rates are encouraging mortgage bankers to find a replacement for their dwindling refi businesses. Considering the more than six trillion dollars in home equity currently held by baby boomers, this lending product cannot be ignored as a viable product line serving a growing population."

ReverseVision has already begun planning its next user conference, which will return to San Diego in February 2018.

"Ninety-five percent of this year's attendees said they are more than likely to return in 2018," said Kelly Kelleher, ReverseVision's director of corporate marketing and events, "so we highly recommend registering early."

Attendees and ReverseVision customers are encouraged to view handouts from this year's conference by visiting http://www.reversevision.com/handouts.

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 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 2017 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 reverse mortgage lending. 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 http://www.reversevision.com/.

ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, drew a record crowd of reverse mortgage lenders, brokers and industry newcomers to its second annual user conference February 8-10 at the Hilton San Diego Mission Bay Resort and Spa.