Reverse mortgage software and technology provider ReverseVision announced Tuesday that it has added renown retirement income expert Jamie Hopkins to its board of directors.
Hopkins, who holds a variety of designations, including an MBA, LLM, CLU and RICP certifications, is a frequent speaker on financial planning and retirement income.
Part of his expert commentary has focused on the strategic use of home equity, particularly reverse mortgages, in retirement income planning and has appeared in mainstream media outlets such as Forbes, The New York Times and The Wall Street Journal.
For many Americans, achieving a secure retirement will require the strategic use of home equity. This necessity, Hopkins notes, will lead more people to use reverse mortgages than ever before.
“I am honored and excited by the opportunity to join ReverseVision’s board of directors,” Hopkins said in a press release. “ReverseVision is perfectly situated to help expand the use of reverse mortgages and improve the retirement security of America.”
An educator of financial services professionals, Hopkins currently serves as an associate professor of taxation at The American College of Financial Services in Bryn Mawr, Pa., where he holds the Larry R. Pike Chair in Insurance and Investments. He also serves as the co-director of the New York Life Center for Retirement Income.
As a frequent commentator on reverse mortgages and their role in retirement income planning, Hopkins has routinely appeared at industry conferences, including the National Reverse Mortgage Lenders Association Eastern Regional meeting in New York City this spring, as well as ReverseVision’s inaugural User Conference in January 2016.
“There are unique and growing opportunities for retirement advisors and reverse lenders to be of service to retirees,” said ReverseVision President and CEO John Button in a press release.
“As each industry comes to better understand the other, I am confident there will be substantive improvements in the quantity and performance of reverse loans in retirees’ overall portfolios,” Button added. “I am very pleased to have Jamie contributing his ideas and guidance to our efforts in this area.”
It is intended that Hopkins’ experience and perspective in retirement planning and academia will accelerate ReverseVision’s efforts to drive reverse mortgage growth within the financial services sector, according to Jeb Spencer, board chairman and managing partner TVC Capital, a software-focused growth equity firm based in San Diego, which acquired a majority interest in ReverseVision in November 2012.
“We are delighted to welcome Jamie Hopkins to the ReverseVision board,” Spencer said in a release. “Jamie is well-known and respected among reverse mortgage lenders for his deep and academically grounded understanding of the role home equity plays in retirement income and financial planning.”
Hopkins has a bachelor’s degree in political science from Davison College. He earned a master’s degree in business administration as well as a juris doctor degree from Villanova University. He also holds a master of laws degree from Temple University and has earned the Chartered Life Underwriter (CLU) and Retirement Income Certified Professional (RICP) designations from The American College.
Written by Jason Oliva