Reverse mortgage production metrics took a tumble in August
Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.
Mutual of Omaha
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Aging-in-place tech platform secures $35M funding round
With $35 million in new funding, the Helper Bees hopes to expand its services to more people seeking to age in place in their own homes.
Longbridge, Mutual of Omaha attempt to reach settlement over deceptive marketing accusations
An ongoing lawsuit between two major reverse mortgage lenders, Mutual of Omaha Mortgage and Longbridge Financial, over marketing practices could come to an end if both parties can reach a settlement agreement prior to going to trial.