The proprietary reverse mortgage landscape is getting crowded
As more private-label reverse mortgage products are introduced, we asked some key providers if they see issues in being able to stand out.
Longbridge Financial
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Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.
Longbridge wins partial preliminary injunction against Mutual of Omaha
A judge has weighed in on the dispute between two of the largest reverse mortgage lenders, ruling that some claims warranted relief.
Longbridge endures Q1 loss, but leaders tout ‘positive contributions’
Longbridge recorded a loss in Q1 but its parent company still remains bullish on its overall contributions to profitability.
Longbridge’s Melissa Macerato on the impact of new proprietary product
Longbridge Financial’s new proprietary addition is designed to reconnect with those short to close and appeal to younger eligible borrowers.
Assessing the reverse mortgage technology landscape
Reverse mortgage professionals weigh in on the potential of including more technology into industry processes.
Longbridge has a new addition to its proprietary reverse mortgage suite
Platinum Peak aims to offer higher LTVs for borrowers, with Longbridge saying it could help those who previously came up short.
Longbridge appoints new head of credit policy, underwriting and QC
Longbridge Financial has appointed Patrick Halonen to lead its credit policy, underwriting and quality control efforts.
The state of the reverse mortgage business in early 2025
Reverse mortgage lenders are making moves in early 2025 while business is humming — though not booming — in the early months of the year.
Mutual of Omaha amends counterclaim against Longbridge Financial
Mutual of Omaha has fired back with an amended counterclaim in its lawsuit with Longbridge Financial over deceptive advertising allegations.