Reverse Mortgage Solutions
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Reverse Mortgage Solutions - overview
Location
Spring, TX, US
Primary Industry
Financial Services
About
Reverse Mortgage Solutions provides comprehensive financial services focused on reverse mortgages, helping seniors leverage home equity effectively and securely. Reverse Mortgage Solutions specializes in reverse mortgage services, assisting seniors in accessing their home equity. Founded by J Bogoslofski, the company is headquartered in Spring, US. Walter Investment Management Corp.
acquired Reverse Mortgage Solutions for USD 120 mn on September 4, 2012, marking a strategic investment in the growing reverse mortgage sector. The company specializes in financial services related to reverse mortgages, aimed at seniors looking to utilize their home equity. Their offerings include various product options designed to meet diverse client needs, ensuring efficient and secure access to funds. They cater to a wide range of clients, primarily in North America, and provide services that facilitate better financial planning and decision-making for homeowners.
Reverse Mortgage Solutions generates revenue through transaction-based models focused on B2B relationships. Clients engage with the firm primarily through service fees associated with reverse mortgage originations. This approach enables a structured revenue stream, where fees are collected as part of the mortgage process, allowing for predictable financial performance. The company plans to enhance its product offerings by developing new financial solutions tailored for seniors, with anticipated launches in the upcoming years.
Additionally, Reverse Mortgage Solutions aims to expand its market presence in regions across North America. The funding received from its most recent deal will be utilized to support these initiatives, reinforcing its commitment to providing innovative financial solutions.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.rmsnav.com
Verticals
FinTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Reverse Mortgage Solutions - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reverse Mortgage Solutions | - | ||||||||
| Buyout | Completed | Reverse Mortgage Solutions | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.