San Diego Business
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 Mortgage Collaborative Reaches $100B Origination Milestone
SAN DIEGO, Calif. — The Mortgage Collaborative, the industry’s only independent mortgage lending cooperative, has surpassed $100 Billion in originations with the addition of its 59th preferred member, Movement Mortgage. Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution….
The Mortgage Collaborative Announces Speakers for Summer Member Conference, August 20-23 at Four Seasons Hotel in Denver
SAN DIEGO, Calif. — The Mortgage Collaborative (TMC), an independent mortgage lending cooperative with a rapidly growing membership, will open the doors to its annual summer member conference two months from today on August 20, 2016 at the soaring Four Seasons Hotel in downtown Denver, Colorado….
Largest Simulated Earthquake Testing at UC San Diego
SOUTH GATE, Calif. — The University of California San Diego along with their partners including SWS Panel and Truss, the builders of the engineered Mid-Rise Cold-Formed Steel Building Wall Systems, is preparing for the largest simulated earthquake testing on June 15 in San Diego, less than a week after a recorded 5.2 real earthquake took place in San Diego….
ReverseVision Teams Up with Factual Data to Provide Integrated Credit Reporting Solutions to Users of RV Exchange (RVX) LOS
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has partnered with Factual Data to provide integrated credit reporting solutions to users of RV Exchange (RVX) loan origination software (LOS). Credit information supplied by Factual Data is available in RVX as of the system’s most recent update on April 18, 2016….
ReverseVision and Open Mortgage to Exhibit Reverse Mortgage Origination Solutions at 2016 EMERGE Forum in New Orleans
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that it will be an exhibitor at the EMERGE: Consumer Financial Health Forum being held June 15-17 at the historic Roosevelt Hotel in New Orleans, Louisiana….
Bank of Southern California to Acquire Opus Bank Branch
SAN DIEGO, Calif. — Bank of Southern California (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has reached a definitive agreement to acquire the deposits of the La Quinta branch of Opus Bank located at 78080 Calle Estado #101, La Quinta, pending regulatory approval. The sale is anticipated to close on or about August 19, 2016….
Open Mortgage Launches Reverse Mortgage Wholesale Operation on ReverseVision’s RV Exchange (RVX) LOS
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that Texas-based mortgage lender Open Mortgage has launched its reverse mortgage wholesale operation on the RV Exchange (RVX) loan origination software (LOS)….
Concord Mortgage Group Helps Baby Boomers Downsize Affordably with the HECM for Purchase Home Loan and ReverseVision Exchange (RVX)
SAN DIEGO, Calif. — ReverseVision announced today that Concord Mortgage Group (Concord), a Westerville, Ohio-based full-service mortgage banker and division of NOIC, Inc. (NMLS# 121455), has chosen RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). Concord offers home-equity conversion mortgages (HECM), commonly called reverse mortgages, to clients in eight states….