Zillow profit view misses on cool housing market, legal costs

Zillow Group Inc. forecast first-quarter profit that falls short of analyst estimates as the home-search site balances legal costs from ongoing litigation and expenses from the company’s partnership with Redfin. Processing Content The Seattle-based company said Tuesday it sees adjusted earnings before interest, taxes, depreciation and amortization range with a midpoint of $167.5 million for the three […]

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Reverse mortgage myths persist despite industry education efforts

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

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