Longbridge Financial and Mutual of Omaha Mortgage have asked a federal judge to dismiss a lawsuit over alleged deceptive advertising practices related to reverse mortgages. The dismissal ends a dispute that began in September 2024, with both parties agreeing to bear their own costs and preventing Longbridge from refiling similar claims. Content creators should ensure compliance with RESPA and FTC guidelines when marketing financial products to avoid legal issues.
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Ali NematiWritten by Ali
