Author name: Ricky Vasquez

Wednesday is National Reverse Mortgage Day, an annual tradition to promote consumer awareness of reverse mortgages and their ability to unlock housing wealth for American seniors. Longbridge Financial, one of the nation’s leading reverse mortgage lenders, is participating in the educational event. The company published information Wednesday about long-standing consumer misconceptions that continue to form […]

Processing Content What’s at stake: Colony Ridge will pay $48 million to improve infrastructure at its developments near Houston particularly flood control measures. No money is earmarked for harmed borrowers, however, who have a high bar to get relief under a default avoidance plan. Key insight: In a surprise move, the DOJ is requiring that

D.R. Horton and its lending arm are defending their underwriting practices as lawful, after borrowers sued the companies for saddling them with mortgage payment shocks.  Processing Content The homebuilder’s motion to dismiss, filed Monday in a Nevada federal court, is its first response to a class action suit, which raises racketeering claims. Home buyers say