The National Reverse Mortgage Lenders Association (NRMLA) has appointed Joe Langner, President and CEO of reverse mortgage technology platform company ReverseVision, to its board of directors to strengthen his leadership position in the reverse mortgage industry.
Langner, who first has joined ReverseVision in March 2020 as President before a promotion added the title and duties of the CEO will serve for the remainder of the 2020-2021 Board term in January 2021, replacing the Director and former ReverseVision CEO John Button. For his part, Langner describes how he looks forward to broadening the education of regulators and legislators on the potential benefits of the reverse mortgage industry and home equity conversion mortgage (HECM) and other offerings, he said.
“As an NRMLA board member, I feel it is my duty to create conditions that allow reverse mortgage lenders to offer higher value to senior borrowers as the mortgage market evolves,” Langner told RMD in an email. “I will continue to be a strong proponent of normalizing HECM and private reverse mortgage loan products in the forward-thinking mortgage industry. In addition, I will be giving priority to educating lenders on how advanced APIs and process automation enable them to bring HECM loans to a wider market. “
Langner’s rise to the Board of Directors is also a welcome addition for Steve Irwin, President of NRMLA.
“I’m very excited to have Joe join us on the NRMLA Board of Directors,” Irwin told RMD in an email. “His energy and thoughtful strategic vision are a welcome addition to our deliberations and discussions on the Board of Directors.”
Langner’s roles in his expanded role as President and CEO will guide ReverseVision in its mission to bring reverse mortgage product concepts to a wider audience of American seniors, the company said when it announced his appointment to the dual position.
John Button, former President and CEO of ReverseVision, ceded the role of President to Langner last year but remained CEO until the end of 2020. He will continue to be a member of the ReverseVision board of directors and will continue to advise the company’s board of directors.
ReverseVision earlier this year announced The company has restructured its technology service plans and pricing matrix to streamline lenders’ entry into the reverse mortgage business while aligning its offering with a broader mission of providing more appropriate service to senior customers using FHA loan programs .