Reverse mortgage lender Longbridge Financial sues competitor over deceptive marketing accusations

Two of the top five lenders in the reverse mortgage industry are now engaged in a legal skirmish over marketing practices that one lender calls deceptive. Longbridge Financial, a top five reverse mortgage lender and servicer based in New Jersey, is suing Mutual of Omaha Mortgage over a series of web
Read MoreRecord numbers of seniors living alone could be prone to isolation

More than 16 million Americans who are 65 or older are living alone, but the depth of their experiences is largely unknown. This is according to a recent story published by KFF Health News. “This slice of the older population has significant health issues: Nearly 4 in 10 seniors living alone have vi
Read MoreHoward Hanna launches new AI home search tool

Howard Hanna Real Estate Services is jumping into the artificial intelligence (AI) technology game. On Monday, the family-owned firm announced the launch of HomeFinder AI through a partnership with technology firm ListAssist. HomeFinder AI users can type their exact search parameters into the platfo
Read MoreHousing demand firming up with lower mortgage rates
Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. It will likely take mortgage rates to go under 6% and stay there for an extended period to get real sustained demand gr
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