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RMS releases new reverse mortgage loan origination system

National Mortgage Professional
Mar 24, 2014

RMS releases new reverse mortgage loan origination systemMortgagePress.comInternet-based ASP, remote usage, technology

Reverse Mortgage Solutions (RMS) has rolled out their RM Compass Loan Origination System, which is a front end system built to meet the needs of established reverse mortgage providers and to give new players a simpler entry into the business.

RM Compass is in early use by two reverse mortgage companies with several set to follow shortly. The new system is configured as an Internet-based ASP (Application Service Provider) and can also be licensed for remote usage with all operational software maintained in-house.

The company began operations in 2007, with a full servicing, subservicing, technology and consulting menu for the reverse mortgage market.

For more information, visit www.rmsnav.com.

Published
Mar 24, 2014