Plaintiffs’ attorneys in the Gibson copycat commission lawsuit are seeking $36.8 million, or one-third of the $110.6 million total settlement in the case, according to documents filed on Tuesday.This amount is only for the Gibson suit, which was combined with the Umpa suit in April, as the settlemen

David Heilman, principal for HomeGrown Financial in Mount Pleasant, South Carolina, didn’t feel like he had to shake up his approach to working with seniors when he became involved in the reverse mortgage industry. Having experience in the health care field prior to entering the mortgage business, i

In conjunction with National Senior Citizens Day on Wednesday, the New York Department of State’s Division of Consumer Protection is circulating a series of tips that aim to help older adults avoid financial scams and exploitation. One way that bad actors may try to take advantage of older Americans

Mortgage rates have been on a declining trend, but demand slowed down last week largely due to fewer refinance applications, an indication that the industry should not expect a mini refi boom yet.Mortgage applications dropped 10.1% for the week ending Aug. 16 compared to the previous week, according