Longbridge wins partial preliminary injunction against Mutual of Omaha by Chris Clow for HousingWire

HousingWireHousingWire The federal judge overseeing the case brought by reverse mortgage lender Longbridge Financial against market leader Mutual of Omaha Mortgage over allegedly deceptive advertising practices has ruled that some of Longbridge’s claims warrant limited injunctive relief, finding that “the law and facts clearly favor some of Longbridge’s claims.” The…

Continue reading →

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers by Flávia Furlan Nunes, James Kleimann for HousingWire

HousingWireHousingWire United Wholesale Mortgage (UWM) is rolling out new artificial intelligence (AI)-powered tools designed to help brokers analyze competitors’ loan estimates and assist borrowers online. The tools aim to improve retention as refinancing activity is expected to rise. The company announced the launches during its UWM Live! event on Thursday…

Continue reading →