Overview

Reverse Mortgage Funding LLC

Information by Research TrustFinance

https://www.reversefunding.com/

Reverse Mortgage Funding LLC (RMF) was one of the largest reverse mortgage lenders in the United States, founded in 2012. The company provided reverse mortgage products, including Home Equity Conversion Mortgages (HECMs) and proprietary jumbo loans, designed to help seniors leverage their home equity to supplement their retirement income. RMF operated as both a direct-to-consumer lender and a wholesale partner for brokers and other financial institutions. In November 2022, its parent company, Reverse Mortgage Investment Trust Inc. (RMIT), filed for Chapter 11 bankruptcy protection, leading to the abrupt shutdown of RMF's operations and the termination of its employees. Its servicing portfolio and other assets were subsequently sold off.

Founded in
United States

United States


Industry

    Financial

  • Other ServicePRIMARY