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Live Well Financial Inc. was a U.S.-based financial services company specializing in mortgage origination and servicing, with a significant focus on reverse mortgages (Home Equity Conversion Mortgages - HECMs). Founded in 2005 by Michael C. Hild, the company aimed to provide innovative mortgage solutions, particularly for seniors. At its peak, it was one of the top reverse mortgage lenders in the U.S. However, Live Well Financial abruptly ceased operations and filed for Chapter 7 bankruptcy in May 2019 amidst allegations of a major bond fraud scheme. Investigations revealed that executives, including the CEO, had fraudulently inflated the value of the company's bond portfolio to secure larger loans from lenders, ultimately leading to its collapse and significant legal repercussions for its leadership.
The headquarters served as the primary center for executive leadership, national operations management, underwriting, loan servicing, financial reporting, and administrative functions for the company's mortgage business.
The headquarters was located in a modern office building on Brown's Island, a redeveloped area in downtown Richmond known for its scenic riverfront views and historic significance. Specific internal features are not widely publicized, but it would have been a professional office environment.
Prior to its downfall, the work culture likely aimed to be fast-paced and results-driven, characteristic of a growing financial services firm. However, the subsequent revelations of widespread fraud orchestrated by top leadership indicate a deeply problematic ethical environment at the executive level, which would have invariably impacted the broader company culture.
The Richmond headquarters was the nerve center of Live Well Financial's nationwide operations and, tragically, the epicenter of the fraudulent activities that led to its demise and significant losses for its creditors.
Live Well Financial Inc. operated primarily within the United States. It did not have a significant international or global operational presence. Its business model was focused on the domestic U.S. mortgage market, particularly reverse mortgages for American seniors.
101 Albemarle Street, Suite 100, Brown's Island
Richmond
Virginia
USA
Address: Information on the specific street address of the San Diego office is not readily available post-bankruptcy. It was a significant operational site.
To establish a strong presence in the significant California and West Coast reverse mortgage market, providing regional sales, underwriting, and operational support.
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As of April 2025, Live Well Financial' leadership includes:
Live Well Financial has been backed by several prominent investors over the years, including:
Following the company's collapse in 2019, executive 'news' has been dominated by federal investigations, indictments, guilty pleas, and convictions related to the bond fraud scheme. There have been no new hires as the company is defunct.
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As Live Well Financial Inc. is defunct, these are presumed historical email formats based on common corporate structures. The domain livewellfinancial.com is no longer active.
[first_initial][last]@livewellfinancial.com
Format
mhild@livewellfinancial.com
Example
0 (Company is defunct, domain and emails are inactive)%
Success rate
Reuters • May 7, 2019
Live Well Financial Inc, a U.S. reverse mortgage lender, filed for Chapter 7 bankruptcy, according to a court filing on Tuesday, days after it told employees it was shutting down....more
U.S. Department of Justice • August 30, 2019
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced charges against MICHAEL HILD, the founder and chief executive officer, ERIC ROHR, the chief financial officer, and DARREN STUMBERGER, the head of trading, of Live Well Financial, Inc. for orchestrating a multi-million-dollar scheme to defraud Live Well’s lenders by fraudulently inflating the value of Live Well’s portfolio of bonds....more
Richmond Times-Dispatch • April 26, 2023
Michael Hild, the founder and former CEO of the defunct Chesterfield County-based mortgage company Live Well Financial, was sentenced Wednesday to 44 months in federal prison for his role in a $200 million bond fraud scheme that bankrupted his company and caused about $70 million in losses to lenders....more
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