"January 17, 2025" Archives

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Longbridge files to remove ads from website in case against Mutual

Longbridge Financial, one of the largest reverse mortgage lenders in the country, is currently embroiled in a lawsuit against competitor and Home Equity Conversion Mortgage (HECM) endorsement leader Mutual of Omaha Mortgage. Now Longbridge has filed a motion in court seeking to take down material it contends is deceptive and misleading from websites that it…

Foreclosure activity subsided in 2024. Is it a sign of housing market stability?

Attom‘s year-end 2024 foreclosure report revealed that 322,103 properties in the U.S. had some type of foreclosure filing — default notices, scheduled auctions or bank repossessions — last year. The data solutions company also reported that in fourth-quarter 2024, one in every 1,671 properties had a foreclosure filing. Attom also noted that foreclosure filings were…

Habitat for Humanity sees success with aging in place program

A dedicated aging in place (AIP) program offered by the Oswego County Habitat for Humanity (OCHFH) in New York says it is seeing success by incorporating family, community and local resources to ensure older homeowners can remain where they prefer. “It’s been projected that, over the next 20 years, households led by individuals in their…

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