ReverseVision, a leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, has appointed Joe Langner as president.
Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans, according to the press release.
Langner has nearly 30 years of executive experience in driving growth at marquis mortgage technology and software companies. A former executive vice president and chief sales officer at Ellie Mae, Langner executed the firm’s initial public offering in 2011 and considerably grew its market share during his tenure, the company’s release stated.
Recently, Langner served as CEO at Blue Sage, a cloud-based, digital lending platform for retail, wholesale and correspondent lenders. His other positions include president at PCLender, executive vice president and general manager at Sage, the global market leader in operations management technology for small and medium businesses; and senior vice president at Dun and Bradstreet, a leading global provider of business data and analytics.
“Joe’s proven ability to satisfy industry and customer needs make him the right person to lead ReverseVision as it transforms reverse mortgage lending,” ReverseVision CEO John Button said in the release. “He is the best person in the industry to execute our strategic vision of bringing reverse mortgage lending into operational coexistence in the broader mortgage market using our cloud-based, API-enabled lending technology platform.”
In October 2019, ReverseVision announced its transformation as an API-enabled, flexible reverse mortgage lending platform in conjunction with substantial product upgrades, including its transition to cloud computing architecture; the introduction of a loan import API enabling third party systems to prepopulate a reverse mortgage file within ReverseVision Exchange (RVX); and streamlined product selection menus.
“Today, HECMs and private reverse mortgage programs are vastly underutilized despite market need because, until recently, there has not been an operationally pragmatic way for lenders to integrate reverse products alongside their forward offerings,” Langner said. “I’ve joined ReverseVision because their innovative vision to integrate reverse products into the mortgage ecosystem is exactly what borrowers and lenders need.”