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BNY Mortgage becomes EverBank Reverse Mortgage

As a final step in aligning with its parent company, EverBank, BNY Mortgage Company, has officially changed its name to EverBank Reverse Mortgage.

EverBank purchased Bank of New York’s interest in BNY Mortgage in March 2007. Since then, the company has focused on expanding its reverse mortgage business.

EverBank Reverse Mortgage has also moved its national headquarters from West Paterson, to EverBank facility in New Jersey that can accommodate the anticipated growth of EverBank Reverse Mortgage.

Rob Clements, CEO and chairman of EverBank, said: With the transition now complete, EverBank Reverse Mortgage can focus on continued growth and product innovation while providing superior service to its senior customers.