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Reverse-centric Ibis Software appoints Sivori to board of directors

Robert Sivori has nearly 30 years of experience in the mortgage space and also serves as a board member for NRMLA.

Jerry wagnerRobert sivoriMetlife bankMortgage coNational reverse mortgage lenders associationUs department of housingMortgage investmentIbis softwareReverse mortgage investment trustReverse mortgage fundingEverbank reverse mortgageUrban developmentHome equity conversion mortgage

RMF parent obtains Chapter 7 bankruptcy status

After the request was made in January, the presiding judge granted permission to convert the case to a liquidation bankruptcy.

United statesMary walrathGinnie maeTexas capital bankMortgage investment trustUs bankruptcy courtReverse mortgage investment trustReverse mortgage fundingPlan administratorJudge mary walrath

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

Without enough cash to pay its existing Chapter 11 bankruptcy obligations, the administrator for RMF's estate aims to convert to Chapter 7.

United statesGinnie maeTexas capital bankMortgage investment trustTexas law firmReverse mortgage investment trustReverse mortgage fundingCapital bankBankruptcy codePlan administratorTexas based lane law

Texas Capital secures portion of funds it lent to RMF parent

The presiding bankruptcy judge sided with TCB over the objection of another lender, as TCB seeks remedies against Ginnie Mae.

United statesGinnie maeMary walrathMortgage investment trustTexas capital bankUs department of housingHousing administrationOffice of the inspectorReverse mortgage fundingReverse mortgage investment trustLeadenhall capital partnersHome equity conversion mortgageFederal housing administrationUrban developmentInspector general

The State of Hawaii is seeking allegedly unpaid taxes from RMF

Hawaii's Department of Taxation says that RMF did not file several years' worth of required tax returns, and is seeking to collect.

United statesState of hawaiiGinnie maeMortgage investment trustHawaii department of taxationReverse mortgage fundingReverse mortgage investment trustLongbridge financial

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