Constellation Mortgage Solutions (CMS) Inc., part of the Constellation Real Estate Group, acquired ReverseVision, Inc. a provider of home equity conversion mortgage and private reverse mortgage sales origination software. CMS acquired ReverseVision, including ReverseVision’s core platform, RV Exchange, RVDOC Composer, and RV Sales Accelerator. This acquisition of ReverseVision marked CMS’s second in the mortgage space, following the acquisition of LOS and LSS provider, Mortgage Builder in 2019.
“The ReverseVision team is excited to join Constellation Mortgage Solutions and looks forward to the next chapter of the ReverseVision story under Constellation’s stewardship,” said Joe Langner, former CEO and President at ReverseVision. “Constellation has a proven track record for supporting its businesses and empowering them to advance the industries they serve. Our team looks forward to building on our shared principles to continue collaborating with lenders in their mission to help borrowers achieve their financial goals.”
Terms of the deal were not disclosed.
“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. “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, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”