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: required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.