Mutual of Omaha reverse AE Kathy Martinez has died

Kathleen “Kathy” Martinez, a reverse mortgage industry veteran and account executive who most recently served with Mutual of Omaha Mortgage’s reverse division, died last week in her community in Florida. She was 60 years old.Martinez’s career in the reverse mortgage industry goes back more than two
Read MoreMovement to settle dramatic legal battle with Summit

Movement Mortgage, a top-25 U.S. mortgage lender, is close to resolving a two-year legal battle with rival Summit Funding, its founder and president Todd Scrima, and several former employees who transitioned to the competitor. The case, which involved allegations of employee poaching, misappropriati
Read MoreLiberty Reverse parent Onity praises Q1 earnings performance, proprietary product launch

Despite an overall reduction in its reverse mortgage servicing portfolio when compared to the prior year, the parent company of one of the nation’s largest reverse mortgage lenders continues to tout the overall performance and profitability of the division in a high mortgage rate environment.Onity G
Read MoreCompass has sued an MLS. History could shed light on its antitrust claims

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk, but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. There is a slate of recently filed suits — as well as those filed in the 1970s and ’80s — that a
Read More
Categories
Recent Posts










