General World News

Celink files objection seeking dismissal of fees lawsuit

Reverse mortgage servicing company Celink is seeking the dismissal of a lawsuit alleging that it had added unlawful servicing fees to reverse mortgage loans alongside now-bankrupt lender Reverse Mortgage Funding (RMF).

In response to the recent recommendation by a magistrate judge against the dismissal of Dancy-Wilkins v. Compu-Link Corporation, the servicer said that the recommendation was made on a more procedural basis rather than the actual merits of Celink’s original motion to dismiss “without prejudice” — meaning it can be refiled at a later date if granted — according to court documents reviewed details ⇒

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