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ReverseVision, a provider of Home Equity Conversion Mortgage and private reverse mortgage sale and origination technology, promoted its president Joe Langner to the expanded role of chief executive officer. In his expanded role, Langner will be responsible for leading the company's mission to empower America's seniors to tap into their home equity as a part of retirement finance.
Langner, who appeared on NMP's Mortgage Leadership Outlook, has more than 30 years of executive experience driving growth at mortgage technology and software companies. He is a former chief operating officer and chief sales officer at Ellie Mae and was a member of the senior leadership team that substantially grew its market share leading up to the firm’s initial public offering in 2011. Previously, Langner has served as chief executive officer at Blue Sage, president at PCLender, executive vice president at Sage and senior vice president at Dun and Bradstreet, a global provider of business decisioning data and analytics, according to a press release.
Since joining ReverseVision as president in March 2020, Langner initiated integrations that align its technology and services with forward lending workflows. Langner increased the company’s development and customer support staff by 25% and upgraded ReverseVision’s data centers in partnership with Amazon Web Services. In June, he recruited dedicated talent to expand its integration and API partner relationships. Last July he launched a complimentary consultation service to help lenders align their implementation of ReverseVision with their business goals.
“Joe is well-known and respected throughout the mortgage industry for his deep and technologically-grounded understanding of the digital mortgage ecosystem,” said Jeb Spencer, board chairman and managing partner of TVC Capital.
“My time at ReverseVision has only reinforced my conviction that both the mortgage industry and consumers would be best served by establishing HECMs and private reverse loans as foundational programs alongside traditional forward loans,” said Langner. “All of the 1.5 million senior consumers that take out a home loan each year deserve to be presented with a mortgage option that can also help them achieve their financial and retirement goals.”
John Button, former CEO, will continue to advise the corporate board as a member of the board of ReverseVision and represent ReverseVision in a range of industry organizations and events.