Reverse mortgage lender Live Well Financial laying off 103 workers

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The only thing I will say is if you like being laid off with no warning. You should look for a job here.. At Live Well Financial, it is our goal to provide our MLOs with the tools necessary to be successful.. Reverse Mortgage Solutions Reviews. Star Star Star Star Star 86 Reviews.

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 10 HECM lender, Live Well is a long-time player in the reverse mortgage space. Most recently, the company came in at No. 7 with 305 loans year to date and 3.1% market share.

Live Well Financial, found online at, 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.

Should I reverse Mortgage My Home?. Harley-Davidson Inc.’s Latest Signal That More Pain Is Coming: Layoffs. but the latest announcement that it is laying off about 200 workers suggests.

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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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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.

Bonnie Sinnock Bonnie Sinnock is the capital markets editor of National Mortgage News. She has been writing for National Mortgage News since 1995. She also has worked on other SourceMedia publications as an editor and a reporter.