Read about the latest happenings in companies across the reverse space. Have exciting news to share? Email us to see it in print!
ReverseVision Adds New Operations Team to Enhance RV Exchange System Performance and Scale Software and technology provider ReverseVision has hired a new operations team, which will focus on product operations, system monitoring, capacity planning, backup, recovery, hosting management and product release. VP of Operations Tim O’Neal will lead the team, which includes David Perkins and Ron Potter. “ReverseVision is committed to providing the most powerful and reliable technology to support the RV Exchange system today and in the future,” says ReverseVision President John Button. “The addition of the operations team ensures we are best positioned for reliable growth to support our customer and the industry.”
Reverse Mortgage Funding Continues Team Growth Reverse Mortgage Funding has appointed Eric Ellsworth consumer direct sales channel leader, Michael Seals director of digital marketing, and Laura Bihuniak Kennedy as Southeast regional account manager. In his role, Ellsworth will be responsible for managing and overseeing the continuous growth of RMF’s direct-to-consumer sales division, which operates from offices in Bloomfield, New Jersey; Melville, New York; and Folsom, California. Seals will be responsible for expanding the company’s Web-based lead acquisition programs and enhancing its Internet presence. And as Southeast regional account manager, Kennedy will work to support RMF’s third-party origination sales channel.
Maverick Funding Acquired by Home Point Financial Funding Maverick Funding Corp. has been acquired by Home Point Financial Corporation, a new mortgage banking and financial services company. Maverick will serve as Home Point Financial’s initial mortgage banking platform and will take its parent company’s name. With 30 retail branches across 10 states and a national third-party lending operation, Maverick has originated more than $3 billion of residential mortgages since 2012. Its founders, Ralph Vitiello and Mike Petruccelli, will remain with the company and serve as senior executives focused on the continued growth of the origination network.
FirstBank’s Ed O’Connor Approved to Teach Continuing Education by New York State’s Bar Association FirstBank’s Ed O’Connor has been approved by New York State’s Bar Association to offer a class on reverse mortgages to attorneys as part of its Continuing Legal Education program. O’Connor’s course will grant three credits, helping attorneys achieve their biannual 24-credit requirement. A seasoned reverse mortgage professional, O’Connor is a sales and marketing manager with the HECM division of Tennessee-based FirstBank.
