Bankruptcy Court Judge OKs Up To $124.5M In Financing For RMIT
Reverse mortgage lender & servicer also faces lawsuit over November layoffs.
Tagged: Reverse Mortgage Funding LLC
RMF: Payments Going Out In The Next 24 Hours
Company filed for Chapter 11 bankruptcy last week.
Bankruptcy Court Approves RMF Requests
Payments to reverse mortgage borrowers to resume.
Reverse Mortgage Funding Files Chapter 11 Bankruptcy
Filing for protection from creditors comes just a day after company laid off 400 employees.
Reverse Mortgage Funding Lays Off 400
Lender cut 80% of staff a week after pausing mortgage originations.
Reverse Mortgage Funding 'Pauses' Originations
Lender tells partners it won't fund loans that haven't already closed.