Business, Free News Articles, Real Estate

The Mortgage Collaborative Adds Twelve Providers to Preferred Partner Network

SAN DIEGO, Calif. -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of twelve new preferred partner companies to their national network, announced the Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.

"The addition of these best-in-class mortgage industry providers, and the discounts and incentives they make available to our network, further strengthens the value we bring to our lender members," said Swerbinsky. "It's a very innovative group of companies that helps mortgage lenders provide a better experience to their customers."

The new preferred partner companies are as follows:

* Assimilate Solutions
* Collingwood Group
* Compass Analytics
* ComplianceEase
* LBA Ware
* Lending Manager
* Mortgage Banking Insurance Group
* Mortgage Coach
* Office Depot/Office Max
* Peoples United Bank Warehouse Lending
* SimpleNexus
* String Real Estate Solutions.

"Lenders value the efficiencies of scale offered by a mortgage lending cooperative, especially when provided with high quality options," said David G. Kittle, CMB, Vice Chairman of the Collaborative. "The Collaborative continues to experience tremendous lender growth because of the quality of their preferred partners. These additions are an example of real value adds that increase the margins of our lender members."

With these additions, The Mortgage Collaborative now has 57 companies in their preferred partner network that offer special pricing, discounts, or incentives to the cooperative's national network of lender members.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance, as well as helping our members access the dynamic and changing consumer base in America. The association is managed by its founding members, John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America.

For more information visit: http://www.mortgagecollaborative.com/.

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Business, Free News Articles

Mid America Mortgage Executes Its First eClosing, eNote

ADDISON, Texas -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced the firm has completed its first eClosing and eNote through its retail origination channel. Mid America intends to expand eClosing to all of its retail business, executing eNotes and utilizing electronic documents where allowed by local jurisdiction.

"Mid America's vision for its future is to conduct eClosings with eNotes for all loans across all origination channels," Bode said. "Furthermore, this strategy aligns Mid America with the Consumer Financial Protection Bureau's initiatives, as the CFPB has signaled its position that eClosing should be an option for all borrowers."

In September 2015, Mid America announced it would leverage technology from DocMagic and eSignSystems, in addition to its proprietary loan origination system Mortgage Machine, as the foundation of its eMortgage platform.

In addition to enabling greater efficiency and cost savings, eClosing also offers demonstrable benefits to Mid America borrowers and its closing agents, according to Bode.

"The biggest benefit we saw from doing our closing electronically was being able to receive and review the full closing package days in advance. Overall, the process was easy and didn't feel too totally different from when we signed the original loan application and first set of disclosures earlier in the process," said Megan Adkins, the borrower for whom Mid America conducted its first eClosing.

"From my perspective, the great thing about eClosing is, after the list of documents to sign is cleared, we know we have a properly executed closing set. Plus, we didn't have to scan or ship the documents after closing, which is a huge time- and money-saver," said Lisa Helmbrecht, branch manager and escrow officer with Homeland Title Company, who was the closing agent for the transaction.

In addition to its warehouse partners, Mid America has also been working closely with MERSCORP Holdings, Inc. and Fannie Mae on its eNote strategy.

"MERSCORP Holdings, Inc. is pleased to see Mid America Mortgage in production with eNotes," said Katie Paolangeli, Vice President, eCommerce & Industry Initiatives with MERSCORP Holdings. "Their integration effort showcases what a lender, vendor and investor can accomplish when everyone is working toward the same goal. This is an important step for them, and for the industry."

"Fannie Mae is proud to support Mid America in its eMortgage efforts," said Jennifer Parker, eMortgage Manager at Fannie Mae. "Mid America is leading the charge for many in the industry by breaking down barriers to entry and showing that eMortgages are possible. Ultimately, we know that eMortgages will benefit borrowers and create many efficiencies in the loan manufacturing process. This is the future, and the future is now!"

Later this summer, Mid America plans to launch eClosing for its mini-correspondent business. Eligible loan programs (*note 1) will include:

* Conventional loans
* FHA loans
* VA loans
* Section 184 (Native American) loans.

"Historically, warehouse lenders have been the less than enthusiastic about eWarehousing, but the tide seems to be turning," Bode said. "Several banks have expressed their desire to participate in eWarehousing. Once we get the program up and running, our goal is to purchase loans closed electronically from participating lenders' warehouse lines within two business days of funding."

For information on the Mid America eClosing Correspondent program, contact Chris Hartman at Christopher.Hartman@midamericamortgage.com or your current Account Executive.

About Mid America Mortgage, Inc.:
Mid America Mortgage, Inc. is looking for tech-savvy, service-oriented mortgage professionals to join its growing team. We are a multi-state mortgage lender based in Addison, Texas, with branches located across the United States. Mid America offers a wide range of residential home loan programs to meet the needs of most home buyers and homeowners, and we are dedicated to providing our employees with industry-leading tools and technology to deliver a great package of competitive pricing, programs and knowledgeable service. Want to join our team? Visit http://www.midamericacareer.com/.

Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

Twitter: @midamericamtge

(*note 1)
Electronic notes (i.e. eNotes) will be executed where jurisdiction and program rules allow. Notes for government-sponsored loan programs, as well as home equity loans originated in Texas, cannot be eSigned at this time. In addition, documents will be eNotarized except in jurisdictions where Deeds and Warranties do not allow for the use of an eNotary. Contact Mid America for more specific details.

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Awards and Honors, Free News Articles

Altavera Mortgage Services SVP Penny Nelson Selected to HousingWire 2016 Women of Influence

DENVER, Colo. -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, is pleased to announce that its senior vice president of mortgage operations Penny Nelson has been named to HousingWire's 2016 Women of Influence list.

According to HousingWire, its annual Women of Influence list honors "individuals who are making notable contributions to both their businesses and to the industry at large - with a specific focus on contributions made in the most recent 12 months. Their energy, ideas, achievements, as well as commitment to excellence and progress give us a look at the future of the industry."

At Altavera, Nelson oversees all mortgage operations, including processing, underwriting, closing, quality control and training. She joined Altavera from Urban Lending Solutions, where she led the mortgage origination services group and oversaw its growth from 10 to more than 300 staff members in 12 months.

Previously, Nelson served more than three decades as a mortgage executive, senior underwriter, loan officer and processor. More than twenty of those years were spent in operations management at start-up or high-growth companies, where Nelson focused on procedural development, risk management, training and staff development.

"Penny Nelson's influence on the mortgage industry spans decades and organizations, as well as shifting responsibilities and regulations," said Altavera President Brian Simons. "A natural leader, Penny has tirelessly shared her hard-earned wisdom and insight, thus ensuring that others benefit and, in turn, positively impact the industry themselves."

"The mark of a true woman of influence is measured not merely by her accomplishments over days or years but by her distinctive impact amassed and shared over time," said Altavera COO Debora Aydelotte. "Penny Nelson is such a woman, and Altavera clients are among the beneficiaries."

For a full list of honorees, visit http://www.housingwire.com/articles/37664-women-of-influence-2016.

About Altavera:
Based in Denver, Colorado, Altavera provides independent, third-party mortgage origination services to residential mortgage originators. Altavera's staff of seasoned, U.S.-based specialists help clients streamline operations, minimize costs and achieve faster cycle times for greater customer satisfaction and profitability. Altavera maintains its highly trained staff through Altavera Academy, the firm's dedicated training unit.

For more information, visit http://www.altavera.com.

About HousingWire:
HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

This news story was published by the Neotrope® News Network - all rights reserved.

Awards and Honors, Free News Articles

Simplifile VP Nancy Alley Named Mortgage Industry ‘Woman of Influence’ by HousingWire

PROVO, Utah -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Nancy Alley, vice president of strategic planning, was named to HousingWire magazine's "Women of Influence" list for 2016.

The list, which was published in the magazine's August 2016 issue, profiles, "the women leading our industry forward." Winners not only had to excel within their individual companies, but show influence in the wider industry through contributions on panels, publications, mentoring and volunteering.

"Nancy Alley is richly deserving of this honor, as her influence both in her role at Simplifile and within the industry at large cannot be overstated," said Paul Clifford, president of Simplifile. "She has been a relentless champion for data standardization through her efforts with MISMO, and her years of mortgage industry experience have been invaluable to Simplifile as the company pushes its suite of solutions upstream to facilitate better collaboration between mortgage lenders and settlement agents."

Alley was also named to the list in 2012 in her capacity as vice president and general manager of Xerox Mortgage Services.

"To be recognized at this level even once in one's career is an honor. To do so twice is truly humbling," Alley said. "What a great group of peers to be included among."

"It's the influence part of this award that is unique," said Jacob Gaffney, Editor-In-Chief of HousingWire. "The impact of these women is expansive, going far beyond the day-to-day responsibilities they have. These are women who invest their time and energy for the future of our industry, with spectacular results."

For a full list of honorees, visit http://www.housingwire.com/articles/37664-women-of-influence-2016.

About HousingWire:

HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com or call 800-460-5657.

This news story was published by the Neotrope® News Network - all rights reserved.

Awards and Honors, Free News Articles

Pavaso VP Nancy Pratt Selected as ‘Woman of Influence’ in Mortgage by HousingWire

PLANO, Texas -- Pavaso, a provider of collaborative real estate technology, announced Nancy Pratt, the company's vice president of partner relations and government affairs, has been named to the 2016 "Women of Influence" list compiled by HousingWire. Pratt was one of 43 women to be honored with this distinction this year, which was published in the August 2016 issue of the magazine.

"Nancy Pratt has been a career-long advocate for advancing digital mortgage strategies, and it is immensely gratifying to see her efforts recognized so publicly," said Mark McElroy, president and CEO of Pavaso. "Nancy has been one the keys to Pavaso's success in bringing digital closing technology to the mortgage industry, and we feel fortunate to have her as part of our team."

According to the magazine, this year's winners all, "demonstrate leadership that inspires those in their own companies, in their communities and in the industry at large." Winners not only had to excel within their individual companies, but show influence in the wider industry through contributions on panels, publications, mentoring and volunteering.

"Saying that I'm honored to receive this award would be an understatement," Pratt said. "I have had the good fortune to work with some of the most intelligent and accomplished women in the mortgage industry, and to be counted among such an impressive group is amazing."

"The incredible accomplishments of these women span every part of our industry," Sarah Wheeler, HousingWire Magazine Editor, said. "Their fields of accomplishments vary, but their impact is indisputable."

For a full list of honorees, visit http://www.housingwire.com/articles/37664-women-of-influence-2016.

About HousingWire:

HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

About Pavaso:

Pavaso is redefining real estate for the real world by connecting everyone in the real estate lifecycle through powerfully simple innovation. For more information on how our platform and solutions can help you meet TILA-RESPA compliance, digitally transform your organization, and dramatically enhance the consumer experience, call us at 866.288.7051 or visit www.pavaso.com.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Real Estate, Software

Simplifile Q2 2016 Report Finds Emerging Preference Among Lenders for Settlement Partners Who E-Record

PROVO, Utah -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today released quarterly figures summarizing the organization's activities and achievements from April through June 2016.

The company's e-recording network gained 42 counties in 18 states during the second quarter of the year, bringing its total number of e-recording jurisdictions nationwide to 1,452. Second-quarter additions include 10 new counties in Georgia; five new counties each in Missouri and North Carolina; three new counties each in Indiana and Kansas; two new counties each in California, Louisiana and Wisconsin; and one new county each in Alabama, Michigan, North Dakota, New Mexico, Ohio, Oregon, Pennsylvania, Texas, Virginia, and Washington.

Title companies, banks, attorneys, and lien filers can now upload and submit documents directly to the recorder's offices in these counties using Simplifile's secure, web-based service. In minutes, the recorder can electronically review, stamp, record, and return documents back to the submitter.

Company President Paul Clifford credits much of Simplifile's recent success to growing interest in e-recording among mortgage lenders. The Simplifile Collaboration service allows lenders to interact with settlement agents in real time to determine the appropriate fees for a transaction.

"County recorders and settlement agents were our earliest advocates, because they experienced first-hand the positive impact of e-recording on their productivity and recording costs," said Clifford. "Now lenders are coming to appreciate how e-recording improves the post-closing process by getting documents into the public record and then back to lenders much more quickly. Some lenders are even stating a preference for working exclusively with settlement agents who e-record."

Simplifile serves more than 40 percent of U.S. recording jurisdictions, including all 20 of the nation's most populous counties. Simplifile's e-recording county network is not only home to some of the nation's most populous metropolitan centers, but also many of the smallest recording jurisdictions in the country. Simplifile's recording network currently represents more than 75 percent of U.S. residents and the vast majority of all recording transactions.

"All that's required for customers to submit documents for e-recording or collaborate through Simplifile is high-speed internet access and a browser," Clifford said. "We've made it easy to e-record, and as a result, we're seeing 3 million documents submitted through Simplifile per quarter." Simplifile transmitted a total of 2,943,167 land record documents in Q2, or an average of nearly 46,000 per business day.

In April, Simplifile was honored with the 2016 Innovations Award from mortgage technology advocacy group PROGRESS in Lending. Clifford accepted the award at the Mortgage Bankers Association National Technology in Mortgage Banking Conference & Expo in Los Angeles. Also in Q2, Simplifile Vice President of Strategic Planning Nancy Alley was named to Mortgage Professional America magazine's "Elite Women in Mortgage." The recognition honors top women professionals who have broken new ground in the mortgage industry.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com/ or call 800-460-5657.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Software

Veteran Reverse Mortgage Educator Dan Hultquist Joins ReverseVision as Director of Learning and Development

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has hired industry educator Dan Hultquist as director of learning and development. In this role, Hultquist will apply his experience in originating loans and working with retirement advisors to help ReverseVision bring a range of products, financial tools and educational techniques to the industry, ultimately driving volume growth.

A certified reverse mortgage professional (CRMP), Hultquist co-chairs the education committee for the National Reverse Mortgage Lenders Association (NRMLA). In addition, Hulquist is author of the book "Understanding Reverse," which answers the top questions he has received as a national reverse mortgage trainer with a special focus on the point of sale.

"Dan comes armed with unparalleled product knowledge and extensive field experience," said John Button, CEO of ReverseVision. "This unique combination makes Dan the perfect resource to spearhead several upcoming ReverseVision initiatives that will provide assistance to reverse mortgage lenders and brokers nationwide."

Hultquist most recently served as reverse mortgage training manager for Open Mortgage. In that role, he developed reverse mortgage training materials and conducted monthly compliance training using a custom learning management platform. At the same time, Hultquist originated loans as a branch manager for the Austin, Texas-based lender.

"I've been blessed to work for outstanding reverse mortgage lenders, like Open Mortgage, who understood the value of reverse mortgage training and supported my commitment to industry-wide education," said Hultquist. "Returning to loan origination gave me a renewed appreciation for the work done by field professionals every day. But after wearing two hats for the past couple of years, I'm ready to focus my energies on what I love best: education. This opportunity with ReverseVision gives me the perfect platform for pursuing this passion and positively impacting our industry."

Hultquist is a Penn State graduate and earned an MBA from Kennesaw State University. He lives outside Atlanta with his wife and three children.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

*PHOTO for Media: Send2Press.com/mediaboom/16-0720-Dan-Hultquist-300dpi.jpg
*PHOTO Caption: Dan Hultquist, Director of Learning and Development, ReverseVision.

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Business, Free News Articles, Government, Software

Another 23 Counties Across South, Midwest Adopt Simplifile E-Recording

PROVO, Utah -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has expanded its e-recording network with the addition of 23 county recording offices across the South and Midwest. The new counties are located in Georgia, Indiana, Kansas, Michigan, Missouri, North Carolina, North Dakota, Ohio, Texas, and Virginia.

"Recording offices all over the nation are embracing e-recording as a means of increasing productivity, speeding up turnaround times and reducing costs," said Paul Clifford, president of Simplifile. "Much of the progress we've made in growing our e-recording network in the South and Midwest can be attributed to the success stories shared by early adopters in these regions. We expect to see many more counties in these areas join their peers before the year is out."

Newly added counties include:
Banks County, Ga.
Catoosa County, Ga.
Dade County, Ga.
Washington County, Ga.
Cass County, Ind.
Martin County, Ind.
Parke County, Ind.
Cloud County, Kan.
Norton County, Kan.
Republic County, Kan.
Alpena County, Mich.
Crawford County, Mo.
Mercer County, Mo.
Morgan County, Mo.
Sullivan County, Mo.
Macon County, N.C.
Madison County, N.C.
Montgomery County, N.C.
Perquimans County, N.C.
Dunn County, N.D.
Greene County, Ohio
Comal County, Texas
James City County (Williamsburg), Va.

Settlement service providers in these jurisdictions can now submit scanned documents directly to the county recording office using Simplifile's secure, web-based e-recording service. The county recorder can review, stamp, record, and return the documents to the settlement service provider electronically - all within minutes. Recording fees and associated payments can also be processed securely through the Simplifile service, reducing payment errors and eliminating costs associated with check-based payments.

More than 1,450 county recording offices throughout the United States now record deeds, mortgages and other documents electronically using Simplifile. For a comprehensive list of all jurisdictions currently e-recording with Simplifile, visit https://simplifile.com/e-recording-counties.

About Simplifile:

Simplifile, the nation's largest e-recording network, was founded in 2000 to connect settlement agents and county recorders via its e-recording service. Today Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease.

To learn more, visit https://simplifile.com or call 800-460-5657.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Software

Evolve Bank & Trust Selects ReverseVision Exchange (RVX) Loan Origination Software

SAN DIEGO, Calif. -- ReverseVision is pleased to announce that Memphis, Tennessee-based Evolve Bank & Trust (Evolve), a full-service commercial bank and mortgage lender serving customers and communities nationwide, has selected RV Exchange (RVX) reverse mortgage loan origination software (LOS).

Evolve's reverse mortgage division is co-managed under the guidance of David Brindley and Steven Rosenberg. "We're proud to offer Evolve Bank & Trust customers a distinctive selection of mortgage products to address all their financial needs," said Brindley. "Adding home-equity conversion mortgage, or 'HECM,' loans to the mix allows us to better serve the needs of the growing number of Baby Boomers who are planning for retirement."

"Evolve is the ideal choice for homeowners considering a reverse mortgage," said Rosenberg. "Borrowers can feel confident in the quality of our loan products, and they know they'll receive the same exceptional service we've been delivering to our customers for over 90 years."

Evolve selected RVX as its reverse mortgage LOS because of the ease of use and ability to support the entire lifecycle of the HECM loan. "ReverseVision Exchange was easy to integrate into our model. It allows us to issue our own closing documents, pay mortgage insurance premiums, schedule and conduct closings - you name it, we can do it on RVX. From origination to the secondary market, it's the best system to enhance our growth and implement our marketing strategies," said Brindley.

RVX is San Diego, California-based ReverseVision's flagship product. The LOS serves as a centralized exchange, connecting all participants in the lifecycle of a reverse mortgage by allowing them to log in to a single system to share documents and information for each part of the loan process.

"We are delighted to partner with Evolve Bank & Trust as they continue to help more seniors access this unique home-equity solution," said ReverseVision Vice President of Sales and Marketing Wendy Peel.

RVX encompasses everything from point-of-sale, processing, underwriting, funding and post-closing to secondary marketing. This central exchange model is unique in the mortgage industry and offers benefits to all parties that include reduced document errors, heightened information security and shorter fulfillment timelines.

About Evolve Bank & Trust:

Established in 1925, Evolve Bank & Trust specializes in delivering personalized relationship-based banking and mortgage services. Evolve is a nationwide Preferred SBA lender and also offers trust and fiduciary services, physician lending and equipment finance to its customers throughout the United States. The bank offers a wide array of competitively priced loan and deposit products and services and is actively involved in helping its communities grow. Evolve Bancorp, Inc. is the Arkansas-based holding company of Evolve Bank & Trust.

For more information, visit http://www.getevolved.com.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com.

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Business, Free News Articles, Software

ReverseVision Celebrates Major Upgrades to ReverseVision Sales Accelerator (RVSA) Reverse Mortgage Origination Tool with ‘Closed-Loan Challenge’

SAN DIEGO, Calif. -- ReverseVision today announced the release of key updates to ReverseVision Sales Accelerator (RVSA), a web-based loan origination tool specifically designed to assist loan officers with the sale of reverse mortgages. ReverseVision will celebrate the release with a "Closed-Loan Challenge" for loan officers who convert RVSA contacts into closed loans in ReverseVision Exchange (RVX) loan origination system (LOS) on or before October 31, 2016.

The only contact management system of its kind designed specifically for the reverse mortgage industry, RVSA allows loan officers to compare loan options side-by-side and use advanced, built-in calculators to pre-qualify borrowers in seconds. RVSA also integrates directly with the database of RVX, San Diego-California-based ReverseVision's flagship product. The RVX LOS serves as a centralized exchange, connecting all participants in the lifecycle of a reverse mortgage loan by allowing them to log in to a single system to share documents and information for each part of the loan process.

The latest release of RVSA enables users to run scenarios and qualify prospects without the cumbersome steps of creating a loan pre-application, making it easier to manage active leads early in the sales cycle. Other new features give users the ability to create reminders to manage their lead and client activities and add an option for users to receive status updates when loan production milestones are achieved.

These upgrades follow several enhancements introduced to the software in June's Version 1.4 release, which added new pre-qualification calculators and contact import from Excel.

"RVSA's latest release reflects our ongoing effort to address client feedback and continually improve the software with features that make it easy for lenders to generate leads, manage their pipeline and, ultimately, close more loans," said ReverseVision Vice President of Sales and Marketing Wendy Peel.

Peel challenged current users to participate in the RVSA "Closed-Loan Challenge." The first five loan officers who convert an RVSA contact into a loan and close it via the RVX system on or before October 31, 2016, will each receive a free annual subscription to RVSA.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(tm) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

This news story was published by the Neotrope® News Network - all rights reserved.