Mutual of Omaha granted more time to respond to Longbridge allegations
Briefly

from www.housingwire.com4 months ago
The lawsuit by Longbridge Financial against Mutual of Omaha alleges the creation of manipulative websites that violate both RESPA and FTC guidance, intending to influence reverse mortgage reviews.
www.housingwire.comhttps://www.housingwire.com/articles/mutual-of-omaha-granted-more-time-to-respond-to-longbridge-allegations/
Mutual of Omaha has been granted additional time to respond to the legal allegations, which claim the company operates deceptive websites that harm competitors in a regulated industry.
www.housingwire.comhttps://www.housingwire.com/articles/mutual-of-omaha-granted-more-time-to-respond-to-longbridge-allegations/
Longbridge Financial is seeking various remedies, including a jury trial and injunctions to eliminate the allegedly misleading websites, alongside compensatory and punitive damages.
www.housingwire.comhttps://www.housingwire.com/articles/mutual-of-omaha-granted-more-time-to-respond-to-longbridge-allegations/
The chief judge recognized good cause to extend the deadline for Mutual of Omaha's response, acknowledging the complexity and the regulated nature of the allegations against the lender.
www.housingwire.comhttps://www.housingwire.com/articles/mutual-of-omaha-granted-more-time-to-respond-to-longbridge-allegations/
Read at www.housingwire.com
#reverse-mortgages #lawsuit #legal-proceedings #consumer-protection #ftc-regulations
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