ReverseVision has announced the hire of Rob Katz at executive vice president of sales for the reverse mortgage software provider, the company announced this week.
Katz brings more than 15 years of experience in mortgage technology, industry experience and contacts to his new role with the San Diego and Raleigh, N.C.-based company, which changed ownership in late 2012.
“Reverse mortgages provide an excellent way for retirees to tap into the equity of their homes to provide for either day-to-day necessities or to serve as a financial safety net,” said Katz. “I’m excited to be a part of a company that plays such an important role in supporting this industry.”
Katz’ experience spans his former role as Chief Information Officer for a publicly held mortgage banking company that funded more than $2 billion annually, as well as positions with DataTrac, where he rose to company president before the company sold to Ellie Mae (NASDAQ: ELLI) two years ago.
ReverseVision’s executive team, some of whom have worked previously with Katz, welcomed him to the team
“I worked with Rob at Del Mar DataTrac, and am confident his knowledge of the lending industry combined with his unyielding integrity will bring valuable ideas to help our clients get the most from their investment with our platform,” said ReverseVision President John Button.
ReverseVision noted Katz’ experience in the forward market and potential for future growth among forward lending partners.
“We believe strongly that forward lenders should be expanding their portfolios to include reverse mortgages,” said Jeff Birdsell, ReverseVision’s Product Manager, who joined the company in January. “Rob’s experience working with both a lender and a loan origination system will bring additional insights to our customer’s businesses.”
Written by Elizabeth Ecker