LANSING, Mich., Feb. 12, 2025 /PRNewswire/ — Celink, the nation’s leading reverse mortgage subservicer, has received HousingWire’s Tech100 Mortgage Award for the third consecutive year for its innovative servicing technology platform, secure online borrower portal, and customized tools designed to improve the experience for senior borrowers.
The Tech100 Mortgage Award recognizes companies that are revolutionizing the mortgage industry across all functions including origination, closing, secondary marketing, and servicing.
HousingWire highlighted Celink’s focus on continuing to innovate and improve the borrower experience for seniors: “A standout innovation is the AI-powered enhancement of the Line of Credit Draw tool, critical for customers’ daily living expenses. Through machine learning, the previously manual process of handwritten data entry is now automated, with deployment achieved in just 2.5 months – 60% faster than Gartner’s benchmark.”
“Receiving this award for the third consecutive year reinforces that we are making the right investments into technology that improve the performance of our clients’ portfolios and drive higher satisfaction levels from their borrowers.” says Marion McDougall, Celink’s CEO. Sergey Dyakin, Celink’s Chief Information Officer, says “This award validates our efforts to deliver intuitive and effective technology that makes a real difference in the lives of our clients’ borrowers.”
About Celink
Celink has been the nation’s leading subservicer of reverse mortgages for the past two decades and is the subservicer of choice for the nation’s largest reverse mortgage lenders. Celink is a Ginnie Mae-approved Participation Agent and Subcontract Servicer for the HMBS program, a Morningstar DBRS approved servicer, as well as a Moody’s approved servicer of reverse mortgages (“SQ2” rating). Celink utilizes an innovative servicing platform, ReverseServ Elite, which is fully scalable and supports numerous proprietary reverse mortgage products in addition to the HUD HECM program. For more information, visit www.celink.com.
SOURCE Celink
