Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

Deadlines in a lawsuit and countersuit stemming from allegations of deceptive reverse mortgage marketing practices have been pushed out one month to the end of March and mid-April, respectively, as all parties in the case advocate for more time. This stems from a preliminary injunction request filed
Read MoreTennessee official, citing property tax relief, notes more interest in reverse mortgages

Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. But certain tax deferral options available to seniors and veterans should be employed if necessary, according to a Tennessee county official
Read MoreJudge halts deadline for White House ‘buyout’ of federal workers

A federal judge in Massachusetts has paused the Thursday deadline for the White House’s “fork in the road” offer to federal workers, temporarily pushing it to at least Monday afternoon when a hearing is scheduled. The offer, which came in an email from the Office of Personnel Management (OPM), said
Read MoreIf the GSEs exit conservatorship, what’s the impact on mortgage servicers?

The Trump administration is expected to try to remove the government-sponsored enterprises (GSEs) from conservatorship, but it probably won’t be fast and it probably won’t be without considerable strife. At the Mortgage Bankers Association (MBA)’s Servicing Solutions Conference & Expo in Dallas on T
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