Reverse mortgage lender Live Well Financial laying off 103 workers

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The Virginia-based reverse mortgage lender, Live Well Financial Inc., ceased business operations as of May 3 and filed for a mass layoff of 103 employees.. it was closing and laying off its 103.

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Live Well Financial said in a letter to Virginia employment officials that it was ceasing operations and laying off its 103 employees who worked at the company’s corporate offices in the.

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Reverse mortgage lender Live Well Financial laying off 103 workers May 7, 2019; Consumers expecting lower mortgage rates less optimistic about buying May 7, 2019; Costly markets ‘move to frigid waters,’ price growth to warm in 2020 May 7, 2019; CFPB plan a mixed bag for debt collectors May 7, 2019

Live Well Financial, Inc. halts mortgage lending. Ocwen Financial Corp. – completed purchase of reverse mortgage lender Liberty Home Equity Solutions. Wells Fargo – laid off 87 mortgage workers in Raleigh Wells Fargo – cut 91 jobs in Fort Mill on soft refinance demand.