San Diego Business

June 2, 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….

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June 1, 2016

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….

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May 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)….

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May 17, 2016

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….

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