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Longbridge launches RAMP dashboard for reverse mortgage brokers
The free platform repackages publicly available FHA HECM data, including ZIP code breakdowns, and lets brokers export the figures to spreadsheets.
Longbridge Financial has launched RAMP, a free dashboard for approved broker partners focused on Home Equity Conversion Mortgage, or HECM, originations.
According to HousingWire, the Reverse Analytics Market Platform repackages publicly available FHA HECM data into an easier-to-use format, with geographic analysis down to ZIP codes plus broker and principal agent breakdowns, product buckets, and spreadsheet export capability.
Longbridge said it built the tool to address an “information vacuum” in the reverse mortgage industry, aiming to give partners a consistent single source of truth on where reverse mortgages are being done and who is originating them.
In an interview carried by HousingWire, Longbridge’s vice president of capital markets and strategy, Dan Ribler, said RAMP took roughly two months to build and review for marketing and compliance, and the company positions it as a way to increase transparency and lower data costs for lenders.