Reverse mortgage servicer Celink and RMF have reached a settlement in the bankruptcy claim filed by Celink. The settlement amount is significantly lower than the initial figure sought, signaling a resolution to the legal dispute.
Key points from the text:
– Celink, a reverse mortgage servicer, and RMF, another organization in the industry, have settled a bankruptcy claim.
– The settlement amount is much lower than the initial amount sought, indicating a favorable outcome for Celink.
– This settlement brings an end to the legal dispute between the two parties.
The resolution of the bankruptcy claim between Celink and RMF indicates a positive outcome for Celink. The settlement amount, which was considerably lower than what was initially sought, suggests that the organization was able to negotiate a more favorable agreement. This settlement brings an end to the legal dispute and provides closure for both companies involved.
You can read this full article at: https://www.housingwire.com/articles/bankruptcy-judge-approves-celink-stipulation-in-rmf-bankruptcy-case/(subscription required)
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