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Tagged: Bankruptcy

When Will Rates Come Back Down?
Industry News
Mar 03, 2023
the interest
FGMC Layoff Lawsuit Granted Class Action Status

A Delaware bankruptcy court judge certified the class, which includes 425 former employees.

Courts
Jan 17, 2023
Bankruptcy Court Judge OKs Up To $124.5M In Financing For RMIT

Reverse mortgage lender & servicer also faces lawsuit over November layoffs.

Reverse
Dec 09, 2022
David Luna’s Rosy Outlook for 2023
Industry News
Dec 06, 2022
the interest
RMF: Payments Going Out In The Next 24 Hours

Company filed for Chapter 11 bankruptcy last week.

Industry News
Dec 06, 2022
Bankruptcy Court Approves RMF Requests

Payments to reverse mortgage borrowers to resume.

Industry News
Dec 05, 2022
Reverse Mortgage Funding Files Chapter 11 Bankruptcy

Filing for protection from creditors comes just a day after company laid off 400 employees.

Reverse
Nov 30, 2022
Fannie Mae: FGMC Taking 'License' With Asset Sale

GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.

Regulation and Compliance
Industry News
Oct 25, 2022
Helping Vets Buy Homes. And FGMC Gets Some Money
Industry News
Jul 05, 2022
The Interest
FGMC Files For Bankruptcy. And Will People Move Over Politics?
Industry News
Jun 30, 2022
The Interest
  • 1
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From Adversity To Affluence
Do The Right Thing
Kristy Fercho
NMP Magazine, Mortgage Banker,
& Mortgage Women Magazine
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