RTG Reverse Mortgage Servicing Platform Adds Borrower Website, Updates

Several months after announcing the launch of reverse mortgage servicing technology platform ReverseQuest, Reverse Technology Group (RTG) has launched a new borrower portal that allows reverse mortgage holders to access their account information online. “The website works just like your forward mortgage website where after registration, the borrower is able to view the loan balance, […]

FHA Issues New Guidance on Reverse Mortgage Claim Assignment Requests

This week, the Federal Housing Administration (FHA) provided updated guidance regarding the submission of Home Equity Conversion Mortgage (HECM) assignment requests to HUD. Mortgagee Letter 2017-05, published Wednesday, consolidates policy found in various existing mortgagee letters and handbooks for mortgagees submitting HECM assignment requests by initiating a Claim Type 22 (CT-22) in HUD’s Home Equity […]

ReverseVision CEO John Button Joins NRMLA Board of Directors

Reverse mortgage industry software provider ReverseVision announced this week that its President and CEO, John Button, has joined the board of directors for the National Reverse Mortgage Lenders Association (NRMLA). Button, who was elected to NRMLA’s board during the organization’s 2016 Annual Meeting and Expo in Chicago last month, brings with him more than 30 […]

Utah Lender Taps ReverseVision to Support New Reverse Mortgage Business

Reverse mortgage software and technology provider, ReverseVision announced that an independent mortgage banker will be using its loan origination system to support the the company’s new reverse mortgage unit. Utah-based Box Home Loans has been in the mortgage industry for more than a decade and just launched a reverse mortgage division in September. The company […]

ReverseVision Adds ServiceLink Flood Products to RVX System

Provider of software and technology for the reverse mortgage industry, ReverseVision announced yesterday that it has completed an integration with the program, ServiceLink Flood, from the national provider of transaction services to the mortgage and finance industries, ServiceLink. ServiceLink Flood allows users of ReverseVision’s flagship loan origination software, RV Exchange (RVX), to order a “life […]

Friday Round-Up: Reverse Mortgages Go Hollywood, Home Equity Tech Startup

Another Friday is upon us and that means only a few hours stand between you and the weekend. But before you take off, check out the top reverse mortgage headlines grabbing the attention of RMD readers this week: New Social Security Rules Play Into Reverse Mortgage Retirement Strengths—Changes to the Social Security program enacted this […]

ReverseVision Returns with Reverse Mortgage User Conference 2017

Reverse mortgage software and technology provider ReverseVision announced today that it will host its second annual user conference February 8-10, 2017 at the Hilton San Diego Resort and Spa. Over the course of three days, UserCon 2017 will provide attendees with educational programming, financial product sales training, networking opportunities and vendor exhibits tailored for industry […]

Open Mortgage Adopts Reverse Focus Sales Engine CRM for Retail Lending Channel

National reverse mortgage lender Open Mortgage recently adopted Reverse Focus’ customer relationship management (CRM) system, Sales Engine, for the company’s retail lending division. Open Mortgage’s decision to select Sales Engine (SE) as its platform for its reverse mortgage loan originators arrived after considering several CRM platforms, including well-known cloud-based CRMs such as Salesforce (NYSE: CRM). […]

ReverseVision Expands Credit Report Tools for RV Exchange Users

Reverse mortgage originators who use ReverseVision’s RV Exchange (RVX) loan origination software will now have access to additional credit reporting services provided by Informative Research, one of the nation’s oldest and largest credit reporting agencies. The completion of ReverseVision’s integration with Informative Research, announced Tuesday, enables RVX users to to order Premier Credit Report, Informative […]

Friday Round-Up: Research Links Reverse Mortgages to Financial Well-Being

Here we are at yet another Friday. The weekend is only a few hours away, but before you take off, check out what happened in reverse mortgage news this past week: New Research Links Reverse Mortgages to Financial Well-Being—Senior homeowners can tap into their home equity in a variety of ways, whether that means taking […]