Financial advisers can sometimes cite out-of-date information when it comes to regulations they feel can restrict them from discussing reverse mortgages, but a reverse mortgage expert and longtime educator explains two common misconceptions advisers have about some of these regulations.
Sentencing for an alleged co-conspirator in a bond fraud scheme for which a former reverse mortgage executive was convicted has been delayed, while the lender’s pending case by the SEC has been stayed for the moment.
After Michael Hild successfully requested additional time to respond to civil charges levied against him by the Securities and Exchange Commission (SEC) last month, the federal government has intervened in that civil lawsuit filed against the former Live Well Financial CEO. This is due to the concurrent criminal case filed against him and his former […]
In the wake of one “not guilty” plea entered for each of the five counts against former Live Well Financial CEO Michael C. Hild in a bond fraud case, federal authorities are now stating that they are within their rights to seize the majority of assets Hild owns in the Richmond, Va. area, according to […]
