Longbridge parent again touts reverse mortgage performance in Q4 earnings
Ellington Financial continued to tout the performance of Longbridge and teased a potential new product in development.
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Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies
Longbridge CEO Chris Mayer speaks with HousingWire’s RMD about forward mortgage partnerships and the potential of HECM for Purchase.
Oregon reverse mortgage bill that could halt proprietary business may be amended
A bill that appeared to target reverse mortgage business in the state may be amended to reflect a more narrow target after industry professionals weighed in.
Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit
The lawsuit and countersuit alleging deceptive reverse mortgage marketing practices has seen key deadlines pushed to the end of March and mid-April, respectively.
RMF-backed proprietary securitization undergoing further review
A securitization of private reverse mortgages originated by RMF needs further review stemming from the lender’s 2022 bankruptcy.
Longbridge lowers minimum home value for Platinum products
Longbridge announced the move earlier this month to partners, and Chris Mayer talks with HousingWire’s Reverse Mortgage Daily about the change.
Longbridge files to remove ads from website in case against Mutual
Longbridge has filed a motion in court seeking to take down material it contends is deceptive and misleading from several websites.
Mutual of Omaha denies Longbridge allegations, files counterclaim
Mutual of Omaha has denied Longbridge’s allegations, and wants a jury trial to determine monetary losses from Longbridge’s own alleged actions.
The top 10 reverse mortgage lenders of 2024
The top 10 retail reverse mortgage lenders in 2024 weathered a challenging year, with key movements in the rankings.
Reverse mortgage performance metrics end 2024 on a mixed note
HECM endorsements saw a jump in December, but HMBS issuance ended 2024 on a low note, making for a topsy-turvy month of performance data.