To close out Reverse Mortgage Daily’s industry coverage in 2020, we took a look at the top stories of the year that garnered the highest readership based on our internal data. To begin the new year, we also took a look at four key trends that the reverse mortgage industry should keep an eye out […]
Reverse mortgage technology platform ReverseVision today announced that it has restructured its technology service plans and pricing matrix in an effort to streamline the entry of lenders into the reverse mortgage business space, while further aligning its offerings with a broader mission of allowing more adequate service to senior customers who use FHA lending programs. […]
Reverse mortgage technology platform ReverseVision today announced the promotion of Joe Langner to the joint position of president and chief executive officer (CEO), elevating the executive who has served as the company’s president since early last year. His new duties in this expanded role are designed to lead ReverseVision in its mission to introduce reverse […]
This article is sponsored by ReverseVision. In this Voices interview, RMD sits down with Jim Magner, ReverseVision Chief Technology Officer to get his take on the current state of reverse mortgage technology, how ReverseVision is approaching market expansion by bringing reverse mortgage origination capabilities well beyond the current industry players, and how a varied background […]
In response to the abrupt shift away from the London Interbank Offered Rate (LIBOR) index and toward the Constant Maturity Treasury (CMT) index, reverse mortgage loan origination system (LOS) software provider ReverseVision has updated all documents that reference an index to support both LIBOR and CMT indices. While the shift to a new rate index […]
As the timeline for the London Interbank Offered Rate (LIBOR) index’s service as the basis for adjustable-rate reverse mortgages has been considerably shortened after a decision last month by the Government National Mortgage Association (GNMA, or “Ginnie Mae”), the reverse mortgage industry has found itself needing to quickly adapt to the adoption of a new […]
Earlier this year, reverse mortgage origination platform market leader ReverseVision welcomed a new president to the company. Joe Langner has ample experience in the forward mortgage world, and has visualized a distinct opportunity to leverage many of the relationships he’s spent his career developing to push the stature of the reverse mortgage business segment forward […]
San Diego-based reverse mortgage technology platform ReverseVision today announced the hiring of Justin Burns as VP of operations, along with senior software engineers Aron Weiler and Alan Gutierrez to oversee new enhancements to the company’s software offerings. Burns’ duties will include oversight of company operations, where he will be tasked with streamlining existing processes and […]
Reverse mortgage technology platform ReverseVision today announced the hiring of Carissa Orozco as director of business development, strategic partners where she will spearhead strategic integration partnerships that allow traditional mortgage lenders to integrate Home Equity Conversion Mortgage (HECM) and private reverse mortgages into the loan qualifying, sales and origination process. Orozco has 17 years of […]
Reverse mortgage endorsement volume for April as reported by the Department of Housing and Urban Development earlier this week indicated a month-over-month decline of roughly 45% — to just over 1,600 loans. But the numbers aren’t reflective of what’s happening in the market, several industry sources have shared with RMD, particularly at a time when […]
