Mutual of Omaha Mortgage Launches New Mobile App

Contact:
Michelle Meisinger
Mutual of Omaha
402-351-2962
michelle.meisinger@mutualofomaha.com
December 18, 2020 

FOR IMMEDIATE RELEASE: 

Mutual of Omaha Mortgage Launches New Mobile App 

Omaha, NE – Mutual of Omaha Mortgage recently launched a mobile app for its reverse mortgage loan programs, including the HECM for Purchase (H4P) product. The free app is an industry-first tool for potential reverse mortgage clients, their family and friends, and their trusted advisors to learn more about the programs offered and start the loan application process.   

“We are excited to bring this new technology to our Reverse Mortgage customers,” said Chris Kargacos, executive vice president of national sales for Mutual of Omaha Mortgage. “We feel this innovative solution will allow us to better serve our customers at the highest level, especially in this current environment.” 

The app uses new technology to offer users convenience at their fingertips, including the following features: 

  • An online application allows borrowers to begin the application process using a mobile device or a desktop computer. 
  • Borrowers can easily take pictures and upload required supporting documents to their account via mobile device or desktop computer.  
  • Loan milestone notifications keep borrowers and real estate agents up-to-date on the status of their transaction.  
  • A built-in chat feature allows users to communicate in real–time with their loan officer and/or real estate agent. 
  • Mortgage calculators provide borrowers or real estate agents a convenient way to calculate their loan amounts or proceeds from a HECM for Purchase or reverse mortgage. 
  • Additional information about the HECM for Purchase and other reverse mortgage programs.  

“This app is a game-changer for our reverse mortgage industry,” said John Metcalf, vice president of sales technology and strategy for Mutual of Omaha Mortgage. “Its features help keep our customers informed and connected, makes processes faster and more efficient, and provides them with the option to conduct their business virtually. Historically, much of the process was done face-to-face, so being able to facilitate these activities from a mobile device or a computer is a big advantage, especially right now.” 

For more information, visit mutualreverse.com/app/. The app can be downloaded for free in the App Store and Google Play Store by searching “Mutual of Omaha Mortgage”. 

About Mutual of Omaha Mortgage
Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering insurance and financial products for individuals, businesses, and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit mutualreverse.com. 

AMC offers no-charge 2nd HECM appraisal if required

myamc.com press release

MyAMC, LLC Offers Exclusive Program for Reverse Mortgage Appraisals

Company Extends a New Offering to Mitigate Costs to Seniors and Lenders.

DALLAS, April 2, 2019 — MyAMC, LLC, a nationwide valuation services provider, announced today a unique program offering a second appraisal at no additional cost to the Borrower if the first does not pass the Federal Housing Administration’s collateral assessment.   The new offer arrives on the heels of the latest policy changes enacted by the FHA to require a second appraisal when the first appraisal does not meet their initial requirements.  This has created a challenge within the industry, often forcing the Borrower to pay for the cost of the second valuation or, for the lender to absorb the cost or otherwise lose the transaction.  Recognizing this as a burden to the seniors that reverse mortgages are designed to help, MyAMC is determined to stand behind the quality of its appraisals and offer this program as a solution to the industry and their customers.

Since 2004, MyAMC has offered high-quality residential valuation services nationwide servicing mortgage origination channels such as banks, credit unions, wholesalers and brokers.  Additionally, the company offers post-closing quality control and compliance audit services to a broad range of lenders and their investors.  “Having previously worked in the reverse mortgage industry, we are aware of the benefits but also the on-going challenges of delivering such a product as a potential retirement solution”, said Sean Bobbitt, Managing Director of MyAMC.  “We have decided to offer a program that we feel will benefit both seniors and the financial professionals providing this service”.

MyAMC is dedicated in continuing to provide the highest quality valuation services compliant with investor, state, and federal requirements.  The new program is available immediately.  For additional information, contact Kim Wagoner kim.wagoner@myamc.com at (214) 572-2537 or visit www.myamc.com.

myamc.com press release

Reverse Focus Presents their Most Powerful Product Suite

Reverse Focus Website 2019

OUR MOST POWERFUL PRODUCT SUITE, PRESENTED ON OUR ALL NEW WEBSITE.
Reverse Focus brings over 50 years of combined experience in reverse mortgage sales and marketing to your business.

Reverse Focus Website 2019

Redding, CA, January 2, 2019: Reverse Focus is excited to share a brand new website for ReverseFocus.com and the newly supercharged, reverse-centric SEO program, which brings proven results to help originators achieve higher rankings, increased revenues, and reach new customers.

Our new website offers a clear picture of our product design, utility, and impact. Our new site features customer success stories, multiple FAQ sections, and offers a sleek, simplified website navigation menu so users can quickly access the information they’re interested in. Additionally, we’re launching a brand new blog, featuring FREE marketing tips and tricks for originators to take advantage of.

Our SEO program was so successful in 2018, we’ve brought on a staff of dedicated SEO experts to service the increased demand and continue helping our customers rank higher in organic search results on Google, Bing and the like. Users will now have a personalized user dashboard, where they can access visualized data on their website link clicks, keyword impressions and can track the progress of their SEO ranking as it continues to provide a return on investment.

Actual Online Dominance User – Search Results Reporting
Actual Online Dominance User – Search Results Reporting

 

Reverse Focus delivers cutting-edge, enterprise solutions for the mortgage banking industry. We provide the ultimate end-to-end toolkit, purpose-built for each stage of the loan lifecycle. We’re partners in multi-channel lead generation, relationship management, and growth strategy.

Our mission is to stay close to our industry and never stop innovating. We are building the strongest community of mortgage leaders in the marketplace.

To learn about Reverse Focus Inc., and our supercharged Online Dominance SEO program, call or click:1-800-805-9328 | https://ReverseFocus.com.

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If you would like more information about Reverse Focus’s digital marketing and CRM solutions, please call Mike Floth at 530.242.4144, or email Mike@ReverseFocus.com

 

Reverse Focus Announces New Web Product

Welcome to the All-New MyLoanOfficer.Us
Purpose-Built for Borrower Education and Lead Generation

Redding, CA, November 9 2018: With over 20 years in the reverse mortgage industry, and 10 years in the digital marketing space, Reverse Focus Inc., is excited to announce the all-new MyLoanOfficer.US website offering. We’ve been engaged in the conversation around reverse mortgage lead gen and digital marketing for many years, and after listening closely to originators nationwide and working with top SEO experts, we’ve developed a turn-key, power-packed website, purpose-built for borrowers and originators alike.

“MyLoanOfficer.US offers borrowers a mobile responsive, intuitive layout, with an easy navigation process, and clear, concise call-to-actions with the ability to easily learn more about the Reverse Mortgage product, and connect directly with Originators through multiple channels.” Says Mike Floth, Reverse Focus’s Director of sales.

Additionally, this new product gives the Originator a sleek online platform to showcase their brand with improved user-experience and Search Engine Optimization (SEO). Eric Hiatt, CEO of Reverse Focus shares, “Originators will benefit from our all-new lead-capture technology which allows a borrower to effortlessly type in their property details, and contact information into a lead funnel system, which then is packaged and sent to Sales Engine CRM for workflow sales automation.”

This dynamic online marketing solution is available for only $79 per month and can be set up in less than a day. Call 1-800-805-9328 to level up your reverse mortgage sales and marketing machine today. Learn more about MyLoanOfficer.us at: reversefocus.com/get-started.

Reverse Focus delivers cutting-edge, enterprise solutions for the mortgage banking industry. We provide the ultimate end-to-end toolkit, purpose-built for each stage of the loan lifecycle. We’re partners in multi-channel lead generation, relationship management, and growth strategy.

Our mission is to stay close to our industry and never stop innovating. We are building the strongest community of mortgage leaders in the marketplace.

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If you would like more information about Reverse Focus’s digital marketing and CRM solutions, please call Mike Floth at 530.242.4144, or email Mike@ReverseFocus.com

 

Huron Valley Financial Acquires Home Point Financial’s Reverse Mortgage Division

reverse mortgage news

Significantly expands 1st Nations Reverse Mortgage footprint; Industry leader Joshua Shein joins Company as EVP

Ann Arbor, MI, and Owings Mills, MD—June 27, 2017—Huron Valley Financial, Inc. (HVF), a privately held full-service mortgage banking firm, and Fannie Mae seller/servicer, announced today it has acquired Home Point Financial Corporation’s (Home Point) reverse mortgage lending division. The transaction combines Home Point’s nationally-ranked reverse mortgage division led by Joshua Shein, with Huron Valley Financial’s 1st Nations Reverse Mortgage division, led by Mike Gruley. The deal brings together two reverse mortgage industry leaders, who together will propel 1st Nations Reverse Mortgage into a national top-tier firm.

reverse mortgage news
Josh Shein, Huron Valley Financial, EVP

This acquisition reinforces HVF’s commitment to serving the reverse sector. The company, which launched its 1st Nations Reverse Mortgage division in October 2016, continues to invest in building its national footprint and product offerings. The Home Point team provides 1st Nations Reverse with a turn-key platform, including sales and operations, to quickly position 1st Nations among the top lenders in the country. Through this acquisition, 1st Nations Reverse aims to be licensed in 35 states by the end of 2017 and funding more than $150 million in reverse mortgages annually.

Eric Bradley, President, and CEO of Huron Valley Financial says “This deal is evidence of our commitment to serving the reverse mortgage product and industry at a national level. Through this acquisition, 1st Nations Reverse will be able to continue to play a positive role in advocating reverse mortgages as a responsible financial tool for seniors and their families. I was thrilled to meet the many members of the Home Point Financial Reverse team who share the attributes we value as a company, including their commitment to anticipate and address the needs of current and future customers. We look forward to having Josh join our executive team; his extensive industry expertise and business acumen will be essential as we continue to solidify our position as a top-tier player in the reverse mortgage industry.”

FOR IMMEDIATE RELEASE

Mike Gruley, EVP of Reverse Mortgage Lending says, “I could not be more pleased to welcome this team to 1st Nations Reverse Mortgage. Josh has maintained a long and reputable track record of success within our industry, building multiple top ten lending teams; his commitment and expertise in the reverse mortgage space is absolutely unparalleled. I look forward to working with Josh to build a sound, reputable reverse mortgage business.”

“I look forward to being part of the 1st Nations Reverse team. Eric, Mike and the entire leadership team have established a culture and company basedupon shared values. I am excited to significantly expand both our retail and

Mike Gruley, 1st Nations Reverse
Mike Gruley, 1st Nations Reverse

wholesale channels. With more than six trillion dollars in senior home equity, there is a tremendous market opportunity for us to quickly become a top ten nationwide lender, working with consumers to remain in their homes while supporting their retirement goals.” said Mr. Shein.

Shein’s team, with locations throughout the U.S., will be seamlessly integrated into 1st Nations Reverse. He brings more than 17-years’ industry experience to 1st Nations Reverse. Prior to overseeing Home Point Financial’s Reverse division, Shein was Executive Vice President at Maverick Funding’s Reverse Mortgage Network, where he was responsible for building and leading the company’s Reverse Mortgage platform, prior to its acquisition by Home Point Capital in 2015. He joined Maverick Funding from Great Oak Lending Partners, a company he founded in 2001.

Home Point Financial is a subsidiary of Home Point Capital LP, a financial services holding company founded in 2014 and owned by members of management and by investment funds managed by Stone Point Capital LLC.

About Huron Valley Financial

Huron Valley Financial is a privately held full-service mortgage banking firm, and Fannie Mae seller/servicer. The company maintains retail, wholesale, and correspondent lending channels and originates Conventional, FHA, VA, USDA-RD, Jumbo Loans, Construction Loans, Reverse Mortgages, and some portfolio lending products. The company is licensed to lend in 27 states. For more information, please call (800) 650-7441 or visit www.huronvalleyfinancial.com.

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For more information, contact:

Eric D. Bradley, President & CEO Huron Valley Financial
2395 Oak Valley Drive, Suite 200 Ann Arbor, MI 48103

Phone: (734) 669-8000

ebradley@huronvalleyfinancial.com 

United Real Estate Welcomes American Advisors Group as an Approved Reverse Mortgage Lender

reverse mortgage news

Orange, Calif. (February 21, 2017) – American Advisors Group (AAG) today announced its designation as an approved reverse mortgage lender for United Real Estate, an innovative and fast-growing real estate and franchise company. AAG will attend United’s annual convention next month in Austin, Texas.

Jesse Allen: Senior Vice President of National Field Sales
Jesse Allen: Senior Vice President of National Field Sales

As an approved lender, AAG will educate United agents on reverse mortgage loans to present senior clientele an additional financing solution forhome purchase. The government-insured HECM for Purchase loan

enables older Americans, age 62 and over to combine a reverse mortgage with the equity from the sale of a previous home (or from other savings and assets) to buy their next primary home in a single transaction. A key advantage of the HECM for Purchase loan is that the borrower isn’t required to make monthly mortgage payments. The loan does not become due and payable until the last surviving borrower or eligible non-borrowing spouse leaves the home, or fails to comply with loan terms – like paying property taxes, homeowner’s insurance and for home maintenance.

“We’re proud to work with United Real Estate’s agents to deepen their knowledge about this critical product specifically designed for their senior clients’ needs,” said Jesse Allen, Senior Vice President of AAG’s national field sales team. Allen continued, “AAG will provide United with our comprehensive product training and support resources, helping them personalize the senior purchase experience.”

United Real Estate achieved unprecedented growth last year, expanding its national network by over 1,200 agents and servicing over 10,000 clients. The company plans to add 36 new market centers and multiply its agent and transaction counts in 2017.

According to United Real Estate President, Peter Giese, “We look forward to introducing AAG to our agents at the United annual convention next month and to kicking off their reverse mortgage education.” He stated, “More than forty-three percent of our selling clients are baby boomers. It’s critical to our growth, and to our ability to serve this large segment, that we are able to share the available tools to assist them through their real estate decision-making process.” 

About United Real Estate

refverse mortgage news
Peter Giese, President: United Real Estate

 

United Real Estate – a division of the United Real Estate Group – was founded with the purpose of offering solutions to the challenges facing agents in the residential real estate brokerage industry. The company was named as a “frontrunner” in the real estate industry in 2013, “part of the next generation of real estate brokers” in 2014, as well as being listed in the “Power 200 Most Influential” in 2015, 2016 and 2017 by the Stefan Swanepoel Power 200 TRENDS Report. United Real Estate has more than 50 offices and over 2,700 agents. 

About American Advisors Group

American Advisors Group (AAG) is the nation’s leader in reverse mortgage lending. We are dedicated to helping American seniors convert a portion of their home equity, a largely untapped asset, to help fund their retirement needs.

AAG has a 96 percent customer satisfaction rating and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about American Advisors Group and reverse mortgage loans, please visit the company’s website at www.americanadvisorsgroup.com

 

 

For media inquiries, please email pr@aag.com.

Nationwide Equities donates $15,000 to St. Jude’s Children’s Hospital

reverse mortgage news
Nationwide Equities Partners, Glenn Wallace and Paul Lamparillo, presenting a $15,185 check to St. Jude Program Director, Pamela Geiger.
Nationwide Equities Partners, Glenn Wallace and Paul Lamparillo, presenting a $15,185 check to St. Jude Program Director, Pamela Geiger.

MAHWAH, N.J., Jan. 4, 2017 — It’s the season of giving and in that spirit Nationwide Equities has made a generous contribution to St. Jude’s Children’s Hospital.  Nationwide ran a gift giving campaign whereby the employees were asked to help this charitable organization that focuses on treatment and research of kids with cancer.  The company then matched the employee’s contribution dollar for dollar.  At a ceremony held at the corporate offices of Nationwide Equities, a check was presented to Pamela Geiger, Program Director for St. Jude, in the amount of $15,185.  Almost the entire staff of over 140 people participated in the campaign. “It was very heart-warming that the entire company got involved in this very worthy cause,” stated Glenn Wallace, Nationwide’s president.  “We support several charities during the year, however, this is the first time we got all the employees involved and, it was a total group effort,” remarked Paul Lamparillo, Nationwide’s CEO.

Since opening its doors more than 50 years ago, St. Jude’s Children’s Hospital has made a remarkable impact on sick children’s lives all over the world. The research and treatments developed at St. Jude have brought survival rates for children’s cancer from 20% to over 80%. A large part of every dollar donated to the hospital is given directly to the treatment and care for the children and their families. So much, in fact, that no St. Jude family ever receives a bill.

Nationwide Equities is one of the largest reverse mortgage lenders in the nation with 32 offices spanning 37 states.  The company was founded in 1999 and has grown from a single office with 2 employees to its current size with over 150 employees.  Although its original focus was traditional conventional mortgages, Nationwide Equities changed strategies in 2010.  Now, as one of the top reverse mortgage lenders in the US, they are assisting many homeowners 62 and over realize their retirement dreams.

AAG Hires Jesse Q. Allen to Lead National Field Sales Team

reverse mortgage news

American Advisors Group’s Newest Television Commercial Features Noted Academics

Orange, Calif. (October 31, 2016)  – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, named industry sales veteran Jesse Allen as the company’s Senior Vice President of National Field Sales.

Jesse Allen: Senior Vice President of National Field Sales
Jesse Allen: Senior Vice President of National Field Sales
Allen was responsible for running Bank of America’s reverse mortgage line of business, one of the largest reverse mortgage platforms in the history of the industry during its time. His most recent position was as SVP of Sales Enablement and Execution for Bank of America’s home loans retail sales division. In this role, he was accountable for developing and growing B2B relationships and volume with builders and realtors. He also drove the division’s strategic change initiatives and had oversight of new hire onboarding as well as learning and development.

“It’s a privilege to join the AAG team and engage in the important work of helping seniors thoughtfully access home equity to achieve their retirement goals,” said Allen. He continued, “I’m excited to help enhance our industry-leading platform, extend our reach and serve even more customers.”

Allen’s breadth and depth of expertise in banking, reverse mortgage lending and sales management positions him well for his new role at AAG. “Our strategic vision has always been to grow AAG’s national field sales channel and we’re proud to demonstrate our commitment by investing in someone of Jesse’s caliber to build out the organization,” stated Reza Jahangiri, AAG chief executive officer.

AAG leads the reverse mortgage lending market by volume, year-to-date through September 2016, with 8,033 HECM endorsements. This is more than two and a half times the loan volume of any other lender in the space.

About American Advisors Group

American Advisors Group (AAG) is the nation’s leader in reverse mortgage lending. We are dedicated to helping American seniors convert a portion of their home equity, a largely untapped asset, to help fund their retirement needs.

AAG holds an A+ rating by the Better Business Bureau, has a 96% customer satisfaction rating and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about American Advisors Group and reverse mortgage loans, please visit the company’s website at www.aag.com, on Facebook and on Twitter.

For media inquiries, please contact Laura Turtzer at 949-751-4481 or email pr@aag.com.

 

 

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