Reverse Mortgage Solutions’ Mike Kent, president of mortgage lending, sat down with RMD at the NRMLA Eastern Regional conference in New York a couple of weeks back to talk about new opportunities for the reverse mortgage company, and what’s on the horizon for RMS on the “forward” side of the business. We asked Mike: What [...]

While several lenders have publicly explored the use of a financial assessment to reduce the instance of tax and insurance default among borrowers with any long-term measurement of success, Reverse Mortgage Solutions has implemented its own plan to monitor the instance of those defaults as well as an effort to prevent them. So far, it [...]

Reverse Mortgage Solutions confirmed Friday it plans to move into the forward mortgage business. The Spring, Texas-based company, launched in 2007 as a reverse mortgage servicer, has since grown several other business channels including correspondent lending, wholesale and retail origination. It also is an active Ginnie Mae HMBS issuer and has moved into the REO [...]

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, [...]