fbi: Live Well Financial under FBI investigation - 07/22/19 09:21 AM
I wrote a short blog post about Live Well Financial’s previous situation some weeks ago. But yes, it seems that one of the biggest reverse mortgage competitors in the game is finally shutting its doors for good, and it looks like that’s just the tip of the iceberg. Seems like Livewell has entered a federal investigation with no other than the FBI and the Securities and Exchange Commission.
 
Once at the top of the american reverse mortgage companies, Live Well Financial stopped all of their originations on May 3. With no real explanation for the sudden halt, more than a hundred employees … (0 comments)