ReverseVision’s Jeff Birdsell Honored with Mortgage Industry Tech Award

The Mortgage Bankers Association (MBA) this week announced that Jeff Birdsell, CMB and vice president of professional services for ReverseVision, Inc., is a 2016 MBA Tech-All Star. Birdsell is among just nine industry innovators who received the prestigious award from MBA, which celebrates leaders who have made outstanding long-term contributions to the field of mortgage […]

Accenture Moves Forward, Reverse Mortgage Lenders to the Cloud

Accenture Mortgage Cadence is transitioning all of its clients to a new cloud-based system in efforts to help lenders in both the forward and reverse mortgage industries better manage loan processing cycle times, increase system reliability and seamlessly leverage product upgrades. All of Accenture Mortgage Cadence’s (AMC) clients—more than 600 mortgage lenders nationwide—using the company’s […]

Aggressive Reverse Mortgage Volume Needed, Google Kills Mortgage Tool

Reverse Focus Weekly Podcast Episode #402 In this week’s Reverse Focus podcast, Shannon Hicks welcomes the Leap Year with a discussion on reverse mortgage volume in 2016. This year, the reverse mortgage industry will need “aggressive growth” in Home Equity Conversion Mortgage volume in order to recover from 2015’s roller coaster of a year as a […]

Google Will Kill Its Mortgage Shopping Tool Next Month

Just months after launching its online mortgage tool, Google (NASDAQ: GOOG) is now shutting down the service along with other comparison-shopping services, citing the endeavor did not meet the company’s expectations, according to multiple reports. In an email to its partners on Monday, the company announced that its Google Compare services in the U.S. and […]

FHA Sets Date for HERMIT Service Provider Transition

The Federal Housing Administration this week announced the date it will transition its Home Equity Reverse Mortgage Information Technology (HERMIT) system to a new service provider. In a memo issued Wednesday, FHA stated that it will transition the HERMIT system to a new host data center operated by Reverse Market insight, Inc. (RMI) on March […]

ReverseVision Conference Nets Sales Interest, New Approach

The success of an inaugural conference hosted by reverse mortgage origination platform ReverseVision will encourage the company to host a second conference next year.  With about 160 attendees gathering for the conference in San Diego in late January, ReverseVision says it was encouraged by the interest among participants for new sales tools and approaches, some […]

ReverseVision to Develop Counseling Solution Through New Portal

Reverse mortgage technology company ReverseVision is building out its platform of service offerings including a new solution that aims to streamline the origination process including counseling documents. While lenders and counselors are prohibited from communicating due to anti-steering regulations, the new service would rely on e-signing to allow the counseling certificate to be accessed through […]

New Shopping Tool Makes Getting a Reverse Mortgage Easier

In ongoing efforts to bring more transparency to the reverse mortgage shopping process, one online loan network released a new tool this week that aims to help prospective borrowers shop for the best possible terms on a Home Equity Conversion Mortgage (HECM). The new HECM Shopper’s Assistant (HSA) is the latest resource offering from Jack […]

How the Right Technology Can Increase Your Reverse Mortgage Sales in 90 Days

The rapid pace of change in the reverse mortgage industry is forcing loan originators to upgrade the tools at their disposal not only to survive, but to thrive in today’s highly competitive marketplace. A new e-Book from Reverse Focus demonstrates how using sales technology crafted specifically for reverse mortgage professionals can help nurture leads, streamline key borrower information and ultimately close […]

ReverseVision Boosts Credit Report Services on RV Exchange

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 […]