Live Well Financial CEO sued for repayment of $80M in loans – Richmond BizSense

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Live Well Financial CEO sued for repayment of $80M in loans – Richmond BizSense. By Finley Mortgage news. contents.. richmond, Va. ( explaining in a prepared statement that they are a result of changes in the mortgage market as more troubled loans are.

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LWF has originated and serviced more than $3.3 billion in mortgage loans in the U.S. and Puerto Rico. As of May 3, 2019, Live well Financial is shutting down active operations. All forward loans and loan applications currently in process with them (without closing documents finalized) are being notified that they are not funding.

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HELOC stands for Home Equity Line of Credit. It is a secondary mortgage loan based on the equity that is in a person’s home. These loans offer high limits with low-interest rates because you are putting up your home as collateral. This type of loan is different from your primary mortgage in that you don’t get a.

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Flagstar’s Competitors, Revenue, Number of Employees, Funding and Acquisitions. Lender wins access to $36M in Live Well Financial funds.. May 29, 2019 Richmond BizSense Live Well CEO sued for repayment of $80M in loans.

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