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Home » Store » Originations » Rent-to-Own Lender Cove Out of Business

Rent-to-Own Lender Cove Out of Business

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Originations

Product Details

Cove Financial, a lender that offered a unique rent-to-own program, went out of business at the end of 2014. The company recently notified loan originators offering its Mortgage Alternative Program that Cove “is no longer conducting business or offering MAP.” Officials said vendors and others that have partnered with the company will be contacted by an assignee for the benefit of creditors. The lender added that the closure doesn’t impact borrowers ...
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