FHA Loan Articles

Reverse mortgage lender Live Well Financial laying off 103 workers

Ex-Countrywide chief sees luxury home rout as tax bill bites

Home / Cash Out / Construction Loans Versus Home Equity Lines of Credit.. which means that if you fail to pay, the lender can foreclose and work with the primary lien holder. Or the lender can sell the home. Also, the lender can wait until the bankruptcy has concluded and sell the home.. the mortgage lender uses your residence as.

“Mortgage” means a Mortgage or Deed of Trust or Deed to Secure Debt, as applicable, for each Property or for multiple Properties located within the same county or parish, dated as of the Closing Date (or, in connection with a Property which is a Substitute Property, dated as of the date of the substitution), executed and delivered by.

Reverse mortgage lender live Well Financial laying off 103 workers Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a Virginia Employment Commission filing.. The number of workers employed by.

Toronto housing market begins busy spring season with a bounce

Virginia-based Live Well Financial announced Friday that it was ceasing originations "due to unexpected circumstances." The forward and reverse mortgage lender and servicer also filed a notice with the Virginia employment commission informing the state of its closing and subsequent layoff of 103 employees in Richmond, Virginia.

LIVE WELL FINANCIAL, INC. – Social Media. The availability of mortgages is subject to eligibility requirements and restrictions of federal and state laws and regulations. Live Well Financial, Inc. is licensed pursuant to the Nationwide Mortgage Licensing System & Registry (NMLS) and conducts business under NMLS ID 1177.

Zillow mortgage unit takes a loss as expenses outweigh strong demand

Articles by Bonnie Sinnock | National Mortgage News. – nationalmortgagenews.com – Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a Virginia Employment Commission filing. The national company, which is based in the Richmond, Va., area, has continuity plans for loans in progress.

 · In 2008, early in the worst U.S. economic depression in more than 70 years, the U.S. government passed a collection of legislative bills designed.

Live Well Financial was once a fast-growing mortgage and reverse. and laying off its 103 employees who worked at the company's corporate.

1 day ago. “As a top reverse mortgage lender, Live Well Financial's team has. shuttered in May, ceasing operations and laying off more than 100 employees, including. troubled reverse lender axes 103 employees – including CEO.

Bill Dobbins