Reverse Mortgage Funding LLC (RMF) was a prominent nationwide originator and servicer of reverse mortgage loans in the United States, primarily catering to senior homeowners. Established in 2012, RMF offered Home Equity Conversion Mortgages (HECMs) and proprietary reverse mortgage products designed to help seniors utilize their home equity for financial support during retirement. The company grew to become one of the largest reverse mortgage lenders. However, facing significant financial headwinds and market volatility, Reverse Mortgage Funding LLC filed for Chapter 11 bankruptcy on November 30, 2022, and subsequently ceased originating new loans. Its assets, including its brand name and retail channel, were later acquired by other entities in the mortgage industry, notably Mutual of Omaha Mortgage for the retail operations and brand, and Longbridge Financial for certain mortgage servicing rights.
The Melville headquarters served as the central hub for RMF's national operations, housing executive management, corporate strategy, underwriting, loan servicing oversight, legal, compliance, and other key administrative departments.
The headquarters was situated in a modern commercial office building, likely part of a larger office park common in Melville. It would have featured standard corporate office amenities designed to support a large financial services operation.
Prior to its financial difficulties, the work culture at RMF was likely dynamic and sales-driven, focused on growth in the specialized reverse mortgage sector. There would have been an emphasis on regulatory compliance and customer service tailored to senior clients. The environment would have been fast-paced, especially during its expansion phases.
This headquarters was the nerve center for RMF's nationwide operations, directing its strategy and managing its substantial portfolio of reverse mortgage loans before its bankruptcy.
Reverse Mortgage Funding LLC's operations were concentrated within the United States. The company specialized in providing reverse mortgage products to senior homeowners across numerous states. There is no public information indicating that RMF had significant international operations or branches outside of the U.S. market.
145 Pinelawn Road, Suite 300
Melville
NY
USA
Address: 8105 Irvine Center Drive, Suite 800, Irvine, CA 92618 (historical location)
To establish and maintain a strong presence in the large California reverse mortgage market and efficiently serve clients throughout the Western United States, managing regional operations and sales teams.
Address: Various regional offices and a distributed network of field sales personnel.
To provide localized support, market penetration, and customer service across different states and metropolitan areas, facilitating reverse mortgage origination nationwide.
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As of April 2025, Reverse Mortgage Funding LLC' leadership includes:
Reverse Mortgage Funding LLC has been backed by several prominent investors over the years, including:
Following Reverse Mortgage Funding LLC's Chapter 11 bankruptcy filing in November 2022 and the subsequent cessation of its independent operations, its executive team was effectively dissolved. Key leaders departed as the company's assets were sold and operations were wound down. No new executive hires were made by RMF LLC in its final months or thereafter, as the entity ceased to operate independently.
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Historically, Reverse Mortgage Funding LLC likely utilized standard corporate email address formats, typically combining an employee's name with the company domain '@reversefunding.com'. These email addresses are now defunct as the original company ceased operations and its systems were dismantled or transitioned.
Common formats likely included [first_initial][last]@reversefunding.com (e.g., jsmith@reversefunding.com) or [first].[last]@reversefunding.com (e.g., john.smith@reversefunding.com).
Format
example@reversefunding.com (Note: This is a sample format; the domain is no longer active for the original RMF LLC entity)
Example
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Success rate
Reuters (and other major financial news outlets) • November 30, 2022
Reverse Mortgage Funding LLC, a leading U.S. reverse mortgage lender, officially filed for Chapter 11 bankruptcy protection. The company cited challenging market conditions, including interest rate hikes and home price volatility, as reasons for the filing and announced it would cease originating new loans....more
HousingWire • February 27, 2023
Mutual of Omaha Mortgage announced its agreement to acquire the retail channel and brand name of Reverse Mortgage Funding LLC. This acquisition was part of the bankruptcy proceedings for RMF, allowing Mutual of Omaha to expand its presence in the reverse mortgage market....more
National Mortgage Professional • April 3, 2023
Longbridge Financial announced it had completed the acquisition of reverse mortgage servicing rights (MSRs) from the bankrupt Reverse Mortgage Funding (RMF). This deal involved a portfolio of approximately $11 billion in unpaid principal balance....more
Reverse Mortgage Daily (covering company announcements) • July 15, 2019
Reverse Mortgage Funding (RMF) announced the hiring of Richard Benson, an industry veteran, as its new National Sales Leader for its field retail team. This move highlighted RMF's commitment to expanding its retail presence and sales force at the time....more
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