Reverse Mortgage Solutions’ third-party origination channel will lead the company’s growth in 2012, with its Ginnie Mae issuance opportunities being another strong growth driver, Origination News reported last week. Spring, Texas-based RMS launched its correspondent business arm in March, 2011, and has seen production grow ever since. Between its correspondent and wholesale channels, the company [...]

Reverse Mortgage Solutions (RMS) CEO Bob Yeary announced today that he will step down from his position on January 1, 2012. Yeary will maintain his post as RMS’s Chairman of the Board of while Marc Helm will take over the CEO position, in addition to maintaining his title of President. Both Helm and Yeary were [...]

In an effort to fully round out its product and service offerings, Spring, Texas-based Reverse Mortgage Solutions has ramped up its origination channel and will begin developing lending partners to originate loans across the board in all channels of reverse mortgages. RMS, now in its fifth year of operation, launched a call center in Spring, [...]

When Wells Fargo announced it would close its reverse mortgage doors last month, it made note of its 1,000 reverse mortgage team members, and said they would be provided with opportunities to apply for other open positions within the company’s 80-plus businesses. Ditto Bank of America, when it shut down its reverse mortgage business in [...]

As reverse mortgage lenders adapt to change in the retail and wholesale climates, many are seeing—and are quickly adapting to—a rise in lending from smaller players including third-party originators. They are ramping up efforts to train and assist those who are new to the business or who run smaller origination shops, and several lenders who [...]

Reverse mortgage servicer Reverse Mortgage Solutions has hired former Bank of America executive Kyle Bradford to lead its southeast regional sales team. Bradford will be based in Atlanta, where he has responsibility for developing the retail reverse mortgage loan origination team in the Southern and Mid-Atlantic regions. The personnel development came several weeks after RMS [...]