RMF parent obtains Chapter 7 bankruptcy status

RMF parent obtains Chapter 7 bankruptcy status

The presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the parent company of former leading reverse mortgage lender Reverse Mortgage Funding (RMF) — has approved a request... Read more »
RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

The bankruptcy plan administrator for Reverse Mortgage Investment Trust (RMIT), the parent company of former industry lender Reverse Mortgage Funding (RMF), has filed a court petition to convert from Chapter 11 bankruptcy... Read more »
Ginnie Mae fires back over RMF lending suit, seeks case dismissal

Ginnie Mae fires back over RMF lending suit, seeks case dismissal

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas, Ginnie Mae has filed its response to a lawsuit brought against it... Read more »
Bankruptcy judge approves Celink stipulation in RMF bankruptcy case

Bankruptcy judge approves Celink stipulation in RMF bankruptcy case

The presiding judge in the ongoing bankruptcy case of Reverse Mortgage Funding (RMF) has approved a stipulation that would resolve an administrative claim made against the company’s estate by reverse mortgage servicing... Read more »