Read about the latest happenings in companies across the reverse space. Have exciting news to share? Email us to see it in print!
Reverse Mortgage Funding Hires Mark O’Neil Reverse Mortgage Funding (RMF) LLC has hired Mark O’Neil as regional account manager. Previously, O’Neil worked as an account executive for MetLife and Security One Lending before becoming an independent consultant. He also worked as a reverse mortgage loan originator for Countrywide and Everbank Reverse Mortgage, and was a founding partner in Humphreys and O’Neil LLP, a general practice law firm specializing in residential real estate transactions. In his new role with RMF, O’Neil will focus on developing third-party relationships for the newly formed lender.
ReverseVision Unveils Appraisal Services With the Release of ReverseAccessVision 4.0.0, Hires Kelly Kelleher as Marketing Manager Reverse mortgage software provider ReverseVision has released the 4.0.0 version of its ReverseAccessVision (RAV) platform, which includes a new appraisal feature via Mortgage Information Services (MIS). On the new platform, users will be able to order an appraisal with the click of a button, while the RAV system manages the order, status and delivery of the appraisal. “Our customers have made it clear that service integration is a powerful tool for them to streamline the origination process, drive down cycle time and save cost,” said ReverseVision President and CEO John Button. “We are responding to that need with ReverseAccessVision—a powerful, simple-to-use, ever-expanding library of services.” ReverseVision has also hired Kelly Kelleher to join the team as marketing manager. In her new role, Kelleher will lead the strategy to increase awareness and build upon ReverseVision’s success as a major reverse mortgage software provider.
Urban Financial Group Welcomes Sheila Lancaster to its Wholesale Team, Adds New York to Its State Licensing Urban Financial Group has hired Sheila Lancaster as wholesale account executive. Lancaster, who worked previously for Generation Mortgage Company and Financial Freedom, has more than nine years of experience in the reverse mortgage wholesale business. “We are very happy to welcome Sheila to the team,” Urban’s managing director of sales, Sherry Apanay, said. “She embodies the Urban ‘can do’ spirit and has established an unblemished reputation of integrity, hard work and excellent customer service.” Urban has also announced that it is now licensed to conduct its retail and wholesale reverse mortgage business in the state of New York.
Generation Mortgage Company Updates nu62 Software for New HECM Program Generation Mortgage Company (GMC) has updated its nu62 software to demonstrate the value of the new HECM products. Nu62 navigates the complexities of the new HECM products with ease, allowing prospective borrowers to focus on how leveraging home equity can work for them. Early reports by existing users indicate the upgrades to nu62 make selling the new HECM simple and straightforward. Nu62 is available to GMC partners. Call 877.741.9071 to set up a demonstration and see the “nu” way to increase sales, despite complex program changes.
Equity Settlement Services Launches Senior Settlement Services Division Equity Settlement Services, a 25-year-old title and settlement corporation based in New York, has launched a new division that will cater specifically to reverse mortgage lenders and their senior borrowers. Called Senior Settlement Services, this new division is designed to streamline the HECM lending process for the company’s business partners. “Senior Settlement Services will handle all aspects of the settlement process, providing application notary services to ensure our lender partners receive a complete and timely loan application, and offering closing and funding services throughout the entire reverse mortgage process. Our trust review and our approval and opinion letters are analyzed by the expert attorneys to ensure quality,” said Vice President and National Sales Manager Mary O. Moran. “We are ready, willing and able to take on the ever-changing challenges within this industry.”
Proficio Mortgage Ventures Welcomes Carol Ann Dujanovich to Its Reverse Team Proficio Mortgage Ventures is continuing the expansion of its reverse mortgage division by hiring Carol Ann Dujanovich as underwriting manager of the company’s Henderson, Nevada, office. Dujanovich has more than 34 years of experience in the mortgage industry, with the last 10 years spent specifically on HECMs. Previously, Dujanovich worked as an underwriter and wholesale operations manager for Urban Financial Group.
