Reverse mortgage lender Live Well Financial laying off 103 workers

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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.

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, found online at LiveWell.com, 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.

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.

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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.

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 is a good reverse mortgage lending option in all fifty states, and as they also offer other types of loans, they can also comprehensively advise borrowers on the best option for their needs.

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