Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled potential customers and is demanding a jury trial and for litigation…
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An Elkhart, Indiana, resident who is a beneficiary of U.S. Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. 31 after disclosing on a form that he had ingested marijuana a single time, according to local reporting by a South Bend-based NBC affiliate. This will cause him to…
What will happen to housing supply in the wake of the fires still burning in the LA area? Firefighters continue to battle the blazes that have already burned some 40,000 acres and killed at least 25 people, as of Wednesday. There are about 82,400 people in Los Angeles County that are still under evacuation orders,…
In a market with few homes available, real estate agents are searching for the ones no one knows about.