
Constellation Mortgage Solutions Inc. announced the acquisition of ReverseVision, Inc., a home equity conversion mortgage and private reverse mortgage sales origination software company.
Constellation Mortgage Solutions' acquisition of ReverseVision includes its core platform, ReverseVision Exchange (RVX), RVDOC Composer (RVDOC) that provides customized and compliant reverse mortgage documents, and ReverseVision Sales Accelerator (RVSA) which includes advanced loan modeling and comparison tools.
Founded in 2007, ReverseVision’s reverse mortgage platform and HECM products leverage integrations and APIs that open the total addressable market to allow its users to originate reverse mortgages alongside their traditional lending portfolios, according to the company.
“Constellation has a proven track record for supporting its businesses and empowering them to advance the industries they serve,” said Joe Langner, former CEO and president at ReverseVision.
“Constellation and ReverseVision share a dedication to the industries and customers we serve, making this a big win for all,” said Stephen Ryczek, general manager of Constellation Mortgage Solutions Inc. “ReverseVision’s commitment to meeting the evolving and unique needs of their customers is demonstrated by the immense recognition both their products and team have received in the industry. This acquisition expands our footprint in the digital mortgage ecosystem.”
The acquisition of ReverseVision marks CMS’s second in the mortgage space, following the acquisition of LOS and LSS provider, Mortgage Builder in 2019. Houlihan Lokey acted as exclusive financial advisor to ReverseVision with respect to the transaction.