Founded in 2007, Reverse Mortgage Solutions, Inc. (RMS) grew to become one of the largest servicers of reverse mortgages in the United States. The company focused on originating and servicing Home Equity Conversion Mortgages (HECMs), which are FHA-insured loans for seniors. Over its history, RMS was owned by several parent companies, including Walter Investment Management Corp. In October 2021, Ocwen Financial Corporation completed its acquisition of RMS, and the company's operations, technology, and employees were subsequently integrated into Ocwen's subsidiary, PHH Mortgage Corporation. As a result, Reverse Mortgage Solutions, Inc. no longer operates as a standalone entity.

Founded in

United States