ReverseVision continues to increase the credit report services available for users of its RV Exchange (RVX) reverse mortgage loan origination system.
This week, ReverseVision announced its newest credit report partnership with Certified Credit Reporting, a nationwide provider of credit reports and mortgage information services.
“We here at Certified Credit are so excited to be joining with ReverseVision,” said Certified Credit CEO Lucy Kereta-Block in a written statement. For over 30 years we have been a key vendor in the traditional mortgage market and now we get to share our expertise with the reverse mortgage lenders. Our commitment to passionate service and innovative products creates a more profitable and more efficient lending environment.”
Reverse mortgage lenders use RVX for the full lifecycle of the loan—from initial proposal through application, underwriting, closing and post-closing. Following the Financial Assessment in April 2015, prospective reverse mortgage borrowers are required to show a general credit standing, which can be used to indicate their ability to pay taxes and insurance on their property.
The addition of Certified Credit Reporting to the RVX platform is the latest in a series of credit report services integrations from ReverseVision this year.
“Certified Credit Reporting is already a trusted provider of mortgage information services to lenders nationwide and their emphasis on attentive customer service makes this relationship a natural fit,” said ReverseVision President and CEO John Button in a statement.
Written by Jason Oliva