Celink Recognized for Ethical Leadership

Lansing, Michigan (December 13, 2012)

Celink, the nation’s largest independent reverse mortgage subservicer, has been named one of three companies to receive the annual 2012 BBB of Western Michigan Integrity Award. Megan E. Hopkins, Director of the Center for Character Ethics said, “Celink’s selection came after a panel of judges evaluated numerous nominations, and the award represents trust and integrity in our 38-county regional business community.”

Ryan LaRose, President and COO, views the award as validation of the Celink Code of Ethics, first drafted by his father and CEO John LaRose. “The tremendous benefits of reverse mortgages have erroneously fallen under the shadow of the national mortgage crisis. The reverse mortgage industry is charged with ethical leadership. Receiving this integrity award is full affirmation that our company’s guiding principle of ‘Doing the right thing, at the right time, for the right reason’ is sound business practice.”

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About Celink
Celink is the nation’s select and largest, independent reverse mortgage servicer and is licensed in all 50 states, as well as Puerto Rico and the U.S. Virgin Islands. Celink’s reverse mortgage servicing portfolio exceeds $29 billion. A full organizational profile is available at: www.celink.com.
Contact:
John LaRose, CEO ● Phone: 517.321.9002
john@celink.com

Reverse Basics now approved for CRMP CE

FOR IMMEDIATE RELEASE:

December 6th, 2012

Reverse Focus’ online e-learning tool Reverse Basics has been approved by the National Reverse Mortgage Lenders Association for two CRMP (Certified Reverse Mortgage Professional) continuing education credits. To date several top ten reverse mortgage lenders have registered their staff and sales forces.

Jeffrey Taylor, CEO and Founder of Wendover Consulting said, “Today’s reverse mortgage professional needs a focused and disciplined learning tool to improve their own knowledge of the reverse mortgage programs, laws, disclosures and an ongoing resource for this ever changing product. Loan originators, loan servicing and compliance personnel can now benefit from this evolving learning tool as their corporate education program for use in compliance with local, state and federal audits and or examinations”

Reverse Basics was developed in cooperation with Wendover Consulting. Wendover’s expansive reverse mortgage knowledge and training expertise combined with Reverse Focus’ technology have made this online, self-paced learning resource a reality. Both individuals and lenders can track their progress and document training content, comprehension and course time for internal and regulatory compliance. For more information visit  Reverse Basics here. or email shannon@reversefocus.com.

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Mortgage Cadence Announces the Release of prime+ 12.1

Reverse Mortgage Lending Tools

The release of prime+ 12.1, which will be installed for all Prime Alliance customers on August 21, 2012. prime+ 12.1 is the latest releaseprime+ 12.1 benefits the entire mortgage team. The idea is simple: automate notifications throughout the mortgage process that prompt action and alert team members and borrowers to important changes and events impacting the lending lifecycle.

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Mortgage Information Services Joins NRMLA

Mortgage Information Services Joins NRMLA

July 26, 2012
CLEVELAND, OH:

Mortgage Information Services, Inc. (MIS) is proud to announce that it has joined the National Reverse Mortgage Lenders Association (NRMLA) and is attending their Annual Meeting and Expo as a Gold Sponsor, which is being held in San Antonio, Texas October 15th-17th, 2012.
MIS believes that NRMLA is an integral part of the reverse mortgage market and that their guidance is critical to the growth and health of the industry. MIS is honored to be a part of this nationally recognized organization and looks forward to offering its support, not only to NRMLA, but also to the lenders, servicers and borrowers in the reverse mortgage community.

Mortgage Information Services Joins NRMLA

About MIS, Inc.

MIS has been a leading national provider of real estate information to the residential mortgage market since 1990 and offers title insurance, settlement services and valuations to loan originators and servicing companies. From its centralized platform, MIS covers the entire country allowing its clients to work with a single point of contact for each of their orders.

MIS’s commitment to providing superior customer service is unmatched in the industry, ranking MIS high on both regional and national vendor management scorecards.

Security One Lending Expands Wholesale Lending Unit

Mike Mooney joins firm with team of top national account executives

San Diego, Calif., July 10, 2012—Security One Lending announced today that it is expanding its Wholesale Lending Unitwith the addition of new leadership and a production team of top account executives. Mike Mooney, formerly with MetLife’s Reverse Mortgage Wholesale business, has joined Security One as Senior Vice President and will lead the firm’s aggressive plans to grow market share in reverse mortgage wholesale lending by 2013.

In addition to Mooney, Kathy Hood, Derek Marks, Mark O’Neil, and John Burich—all previously reverse mortgage account executives at MetLife—have joined Security One’s production team. Each team member brings a respected book of business that will contribute to the existing Wholesale Lending Unit that Security One has built over the past three years.

“This move reinforces Security One’s commitment to top mortgage brokers around the country,” said Torrey Larsen, president and CEO of Security One. “Our combined team of brokers is best in class, offering not only a full suite of products and productivity tools, but also dedication to a hands-on approach with clients that ensures a high level of service.”

Security One has established an east coast site in Bloomfield, N.J. where the expanded production team will operate. The firm accelerated the approval process for brokers previously approved by MetLife in order to provide liquidity to the industry. In addition, brokerswill have access to expanded productivity tools and competitive price levels.

“The distribution of programs to the marketplace through a network of reputable Wholesale Partners is an important component of Security One’s growth plan,” added Larsen. “At the end of the day, we are here to help better the retirement of a growing number of older Americans. To do that, we need to be the best at what we do. The expansion of our Wholesale Lending Unit has positioned us to achieve these goals.”

This expanded business model also complements the Retail Franchise that has been established through Security One’s Consumer Direct and Distributed Retail business channels.

“Security One has created a great reputation in the wholesale space,” said Mooney. “The firm has been an innovator and quick to adapt to changes in today’s reverse mortgage market. Combined with a senior management team that I highly respect and trust, it was an easy decision to join Security One.”
Security One Lending Expands Wholesale Lending

About Security One

Security One operates coast-to-coast, currently lending in 39 states with license applications pending in four additional states. The firm offers a diversified mix of reverse and forward products through a variety of distribution channels, including retail, consumer direct, and wholesale to support its lending efforts. Security One Lending is a FNMA Approved Seller/Servicer based in San Diego, Calif.

For more information on Security One Lending, visit www.s1l.com.

American CE Institute & Security One launch realtor classes

FOR IMMEDIATE RELEASE

Contact:  Torrey Larsen

American CE Institute and Security One Lending Launch First of Series of Realtor based CE classes in Oregon

More than 70 Real Estate Agents attend recent class in Bend, Oregon

Security One Lending and American C.E. Institute have created a joint educational system that provides Real Estate Agents the opportunity to learn about the Reverse Mortgage and its impact on their business. American CE Institute has the only Reverse Mortgage CE Class offered by the National Association of Realtors (NAR) to its 1.2 million members.

Realtor Classes Results

Results from the most recent training have been nothing short of remarkable. The response from those attending the class are summarized by S1L’s Regional Manager, Sharon Falvey “Yesterdays’ class held close to 80 Realtors and was standing room only 24 hours after the close of the event here are my results (please take note that I am still receiving text messages, phone calls and e-mails)

  • 6 traditional HECM leads (4 have stated that they intend to move forward)
  • 1 purchase lead
  • 1 possible recruit
  • 1 Realtor married to an FPA that stated her husband “needs” this information
  • 1 Testimonial from a Realtor that I can use on Active Rain
  • Survey results have been requested from CE director in Oregon
  • Recommendation from the CE director to the other Boards in the Northwest”

See attached link from Reverse Fortunes and American CE Institute from recent classes by clicking here.

Reverse Mortgages

“The Purchase Reverse Mortgage product may very well be the ‘Sleeping Giant’ of the senior real estate market”, stated Michael Banner-Founder of American C.E. Institute. “Record low rates of returns on CD’s, Annuities and Savings (vehicles commonly used by seniors) combined with record losses in their investment portfolios in recent years have created the ‘Perfect Storm’ for so many seniors in this great nation. Realtors having the ability to offer a mortgage product with ‘no monthly principal & interest payment’ may just be the answer to literally millions of those seniors.”

Security One Lending

Security One Lending, a FNMA approved Seller/Servicer, based in San Diego, CA currently lends in 32 states and will expand to 40 states by  2012.  Security One Lending originates both traditional forward mortgages and reverse mortgages through multiple distribution channels, including retail, consumer direct, and wholesale.   S1L is an approved Seller/Servicer with FNMA

For more information on Security One Lending:Contact us here or
Call (866) 480-4715

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