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HECM Reverse Mortgages Have Less Risk for Lenders says ReverseVision Board Member, Industry Expert Jeffrey Taylor
SAN DIEGO, Calif., Sept. 2, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages. Recent HUD changes have made these loans even better suited to serve their intended purpose, according to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting.
Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz
SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) -- Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.
LANSDALE, Pa. and HONOLULU, Hawaii, June 10, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, announced they formed a strategic alliance that integrated various components of their software valuation solutions.
AUSTIN, Texas, May 15, 2014 (SEND2PRESS NEWSWIRE) -- FirstClose, an Austin, Texas-based mortgage technology service provider, announced today the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties' transactional histories.
SAN DIEGO, Calif., March 19, 2014 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. today announced an agreement to add CoesterVMS's appraisal services to RV Exchange - ReverseVision's Reverse Loan Origination System (RLOS) platform.
SALT LAKE CITY, Utah, Feb. 26, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS) announced its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.
LANSDALE, Pa., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.
SAN MATEO, Calif., Feb. 24, 2014 (SEND2PRESS NEWSWIRE) -- EPIC (Edgewood Partners Insurance Center), a nationally expanding retail property, casualty and employee benefits insurance brokerage, announced today that Jim Gillette has been named as a 2014 Risk and Insurance Retail Industry Power Broker. In addition to Gillette, Kathleen Felderman, managing principal and the leader of EPIC's national real estate practice, was also recognized as a 2014 Real Estate Industry Power Broker Finalist.
Robert Jayne of New York's Vanguard Funding Earns Prestigious NRMLA Reverse Mortgage Professional Certification
GARDEN CITY, N.Y. /New York Netwire/ -- The Vice President of Vanguard Funding LLC, Robert Jayne, has joined the elite group of mortgage professionals to attain standing as a nationally recognized Certified Reverse Mortgage Professional (CRMP). The National Reverse Mortgage Lenders Association (NRMLA) has granted Jayne this distinguished certification as he has demonstrated he is confident in his skills and involved in the advancement of the reverse mortgage industry.
Vanguard Funding LLC Vice President, Robert Jayne, Earns Prestigious National Mortgage Industry Certification
GARDEN CITY, N.Y., Jan. 13, 2014 (SEND2PRESS NEWSWIRE) -- Robert Jayne, Vice President of Vanguard Funding LLC, has joined the elite group of mortgage professionals to attain standing as a nationally recognized Certified Reverse Mortgage Professional (CRMP). The National Reverse Mortgage Lenders Association (NRMLA) has granted Jayne this distinguished certification as he has demonstrated he is confident in his skills, competent in practice, educated, ethical and involved in the advancement of the reverse mortgage industry.
TROY, Mich., Oct. 29, 2013 (SEND2PRESS NEWSWIRE) -- Shore Mortgage, a fast-growing, direct-to-consumer online mortgage lender focused on service and speed, today announced that the firm is licensed to originate and service mortgages in all 50 states. This makes Shore Mortgage, a division of United Shore Financial Services, part of a select group of direct lenders with nationwide coverage.
Global DMS Integrates its Valuation Management Platform with DataQuick’s Collateral Validation Solution
LANSDALE, Pa., July 9, 2013 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software for the mortgage industry, announced that its valuation management software is integrated with DataQuick(R), a provider of advanced real estate information solutions powered by data, analytics and decisioning. The integration taps DataQuick's Collateral Validation (CV) analytics to render accurate valuations by utilizing in-depth area-based metrics.
SAN FRANCISCO, Calif., May 15, 2013 (SEND2PRESS NEWSWIRE) -- Wholesale Trading Co-Op Insurance Services, LLC (WTCI) has enhanced its Catastrophe Risk Modeling and Consulting Services. WTCI has added Risk Management Solutions catastrophe modeling software to the foundation of its risk modeling services and solutions. In addition, risk modeling professional Bruce Norris, a WTCI director, recently enhanced his personal consulting capabilities by earning the Certified Catastrophe Modeler (CCM) designation from the AIR Institute.
AGOURA HILLS, Calif., April 25, 2013 (SEND2PRESS NEWSWIRE) -- Interthinx, a leading provider of comprehensive risk mitigation solutions for the financial services industry, has released its annual Mortgage Fraud Risk Report, a report covering data and trends based on analysis of loan applications processed in 2012 by the Interthinx FraudGUARD(R) system.
DENVER, Colo., April 11, 2013 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) now offers Platinum Data Solution's RealView automated underwriting appraisal tool to its growing clientele of mortgage lenders and related residential finance service providers, including servicers, investors and state housing finance agencies (HFAs).
TROY, Mich., April 9, 2013 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), the fourth largest wholesale mortgage lender in the nation, today announced it has launched a free Web portal that enables brokers they work with to produce customized flyers, with options geared towards also marketing to borrowers and REALTORS(R). The system offers an easy-to-use interface by which to tailor marketing pieces, thus promoting the growth of their businesses and personal brands.
LOS ANGELES, Calif., March 7, 2013 (SEND2PRESS NEWSWIRE) -- Dealpoint Merrill (subsidiary of The Merrill Group of Companies), a regional owner and operator of 'value added' adaptive reuse properties, retail conversions and investments, is proud to announce Sterling McGregor has joined the company as Co-Founder and Chief Investment Officer.