Among its integrated vendors, reverse mortgage origination software provider ReverseVision today announced it is adding CoesterVMS to its platform.
In order to allow for lenders to use RV Exchange, ReverseVision’s origination system, for the entire lifecycle of the loan, the company has incorporated services into its interface from application to underwriting, closing and post-closing.
With the addition of CoesterVMS, ReverseVision users can trigger the request for appraisal via the software, with the request being sent electronically to Coester. As each step of the appraisal process takes place, the loan record in RV Exchange will be updated automatically.
“Coester’s reputation for providing an exceptional service is one of the best in the industry,” said John Button, President and CEO of ReverseVision. “We are excited to empower our clients to easily order and track their appraisals from Coester directly in our platform.”
CoesterVMS CEO Brian Coester noted the efficiency to clients of streamlining the process.
“The automated process we are introducing with ReverseVision is one of the smartest workflow improvements a reverse lender can employ,” Coester said.
ReverseVision has recently announced new product initiatives and leadership as well as updates and improvements to its existing product.
Written by Elizabeth Ecker