Items Tagged with 'GENERATIONAL LENDING STRATEGY'

ARTICLES

  • Alabama-based Hometown Lenders launches HECM division

    Adopts ReverseVision technology to support new channel
    Alabama-based mortgage lender Hometown Lenders announced Thursday that it’s launching a reverse mortgage division, employing ReverseVision’s HECM technology to support its effort. This makes Hometown the second lender in the last month to launch a HECM division using ReverseVision technology, apparently finding merit in the "generational lending" strategy RV promotes.
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  • Blue Ridge Bank launches reverse mortgage division

    Announces partnership with ReverseVision
    North Carolina-based Blue Ridge Bank announced this week that it has partnered with HECM technology provider ReverseVision to launch a reverse mortgage division. The bank, which said it has closed $25 billion in forward loans, is implementing ReverseVision’s RV Exchange loan origination system to support its launch.
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  • Adopting HECMs as a "generational lending" strategy

    Why LOs need to include reverse mortgages in their product offerings
    You help a first-time homebuyer get into that starter house. Then, you help them refinance, and maybe later they turn to you for a HELOC. But then what? Is that it? It shouldn’t be, according to reverse mortgage software provider ReverseVision. There’s one loan left and it may be the last loan a client gets.
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