Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled potential customers and is demanding a jury trial and for litigation to determine the monetary losses inflicted upon it by Longbridge’s alleged activities.
At the end of September, Longbridge filed suit against Mutual of Omaha alleging these websites are both deceptive and in violation of the details ⇒
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