Reverse mortgage lender Live Well Financial laying off 103 workers

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.

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Live Well Financial, until recently one of the nation’s top reverse lenders, unexpectedly shuttered in May, ceasing operations and laying off more than 100 employees, including founder and CEO.

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A top reverse mortgage lender that unexpectedly halted operations Friday will also lay off more than 100 employees, including its founder and CEO. Live Well Financial, as recently as February.

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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.

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.

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