The company has also added a new office in Jacksonville,Live Well Financial shutters origination operations Vacant homes in Michigan grew 47% in 10 years Postmedia Solutions gives you the power to grow your business. We blend media expertise with smart marketing.

Live Well Financial resists creditors’ efforts to force bankruptcy Live Well Financial’s creditors are seeking a court-supervised bankruptcy, but the mortgage lender is opposing the move, saying it can get more for certain assets if it sells them before filing.

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Live Well Financial originated traditional and reverse mortgage loans as well as FHA and VA loans. It also operates a servicing arm.

Live Well Financial has confirmed on its website that it has ceased origination operations as of May 3, following information detailed to RMD last week describing that the firm would halt funding for new loans. The company has also filed paperwork with employment officials in the state of Virginia, detailing that more than 100 workers have been laid off as of May 3.

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I would now like to introduce you to Jerry Lombardo, Chief financial. sufficient origination volume to be become operationally profitable in 2018. Ditech Holding Corporation is an independent.

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Live Well Financial has confirmed it is shutting down its mortgage loan origination practice. The move has resulted in the immediate layoff of staff. On its website, the Virginia-based company announced, "Due to unexpected circumstances, as of May 3, 2019, Live Well Financial, Inc. will cease to originate mortgage loans."

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