Reverse mortgage lender Live Well Financial laying off 103 workers

All About Finance of America Reverse LLC, formerly Urban Financial Reverse Mortgage. Founded in 2003 as Urban Financial, this large reverse mortgage lender was a privately-held company until 2010, when it was acquired by Knight Capital Group.Urban was sold to Walter Investment Management Corp., in 2013.In late 2015, Urban changed its name to Finance of America Reverse (FAR).

Live Well Financial, found online at, is a company that says their goal is to offer baby boomers and senior citizens all the information and assistance they need in deciding whether or not a reverse mortgage is right for them.

Open Mortgage, an Austin, Texas-based lender that operates forward and reverse mortgage operations, announced Thursday that is hiring approximately 50 of Live Well Financial’s former employees,

Reverse mortgage lender Live Well Financial laying off 103 workers miles contents company offers government-insured home equity conversion Offers government-insured home Lending. ocwen financial Mortgage lender liberty advance notice. live Long.

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Live Well Financial was once a fast-growing mortgage and reverse mortgage lender and servicer that shut down abruptly on May 3 because of what it called “sudden and unexpected developments.” It laid.

 · Live Well Financial, founded in 2005 by local entrepreneur and former Capital One executive Michael Hild, began May 3 shutting down its operations “in their entirety,” including its.

 · A recently shuttered local lender claims it was within its rights when it abruptly laid off its entire workforce with no advance notice. Live Well Financial, the once fast-growing, Chesterfield-based reverse mortgage company that in early May ceased operations and cut its staff of more than 100, argues in a lawsuit in federal court that it does not owe back wages to those workers, despite not.

Live Well Financial laying off 103 employees; blames closure on market, regulatory issues Jessica Guerin is an editor at HousingWire covering reverse mortgages and the housing wealth space.

Original review: July 29, 2018. My brother and sister-in-law did a reverse mortgage with Live Well Financial and had such good experience. We were looking into different reverse mortgages and some.

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.. Home equity loans the Federal.