The bank has sold off all the securities it acquired as collateral on loans to Live Well Financial, a reverse lender that suddenly ceased operations in May
Reverse mortgages are all the rage the Great White North; could they become the loan product of choice for originators and homeowners in the United States, too?
The company provides HELOC reverse mortgage loans to borrowers in Florida
A federal court has handed control of the shuttered reverse lender over to a trustee
The CEO of a shuttered reverse lender is asking a federal court to dismiss a lawsuit that claims he owes a creditor $82 million
Both the SEC and the FBI’s bank fraud division are reportedly probing the shuttered reverse mortgage lender
The mortgage lender implements HECM tech from ReverseVision
Open Mortgage has hired a core team of mortgage lending execs – and about 50 former sales and operations employees – from the shuttered reverse lender