In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement.

That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Daily (RMD).

The lawsuit between Longbridge Financial and Mutual of Omaha Mortgage continues to play out in the U.S. District Court for the Southern District of California, initially brought by Longbridge late last year over the alleged advertising practices of Mutual of Omaha. This is the details ⇒

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