Reverse Mortgage Co. Seeks Ch. 7 After Money Runs Out

By Jonathan Romeo · January 16, 2024, 8:09 PM EST

Reverse Mortgage Investment Trust Inc.'s plan administrator has said bankruptcy proceedings have failed due to a prolonged and unresolved dispute with lenders, filing a motion in Delaware court calling for a...

To view the full article, register now.

Documents

Case Information

Case Title

Reverse Mortgage Investment Trust Inc.

Case Number

1:22-bk-11225

Court

Delaware

Nature of Suit

Date Filed

November 30, 2022

Featured Stories

South Korean CRE Mezz Lenders Push Back No Photo Available

South Korean investors that piled into the U.S. commercial real estate market — often in the form of mezzanine debt on trophy office b... (more story)

An Obscure Law's Rise To Prominence In Calif. Housing Crisis No Photo Available

The so-called builder's remedy has emerged as a potentially potent tool for California developers and advocacy groups and an emblem of... (more story)

Legal Hurdles To Watch For On Real Estate Secondary Deals No Photo Available

Advising real estate investors and fund managers on secondary transactions can be relatively painless if you know what to do. Here are... (more story)