Your Parent Named You Trustee and You Haven’t Even Buried Them Yet

Trust administration article — content preview. Full article coming soon. About the Author: Dustin MacFarlane is a California-licensed attorney specializing in estate planning and trust administration. He helps trustees, beneficiaries, and families... Read more »
Psychology says when an elderly parent starts repeating the same stories over and over, they’re not losing their memory—they’re doing something with those specific stories that most families never stop to understand – California Legal Guide | CPT Law

Psychology says when an elderly parent starts repeating the same stories over and over, they’re not losing their memory—they’re doing something with those specific stories that most families never stop to understand – California Legal Guide | CPT Law

California Legal Implications: Preserving Family Legacy Beyond Assets A recent report from Silicon Canals sheds light on a common phenomenon in aging families: elderly parents repeating the same stories. While adult children... Read more »
Neiman Marcus parent sells its Beverly Hills site

Neiman Marcus parent sells its Beverly Hills site

The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to... Read more »
A retired couple downsize to a tiny modular ADU in L.A.

A retired couple downsize to a tiny modular ADU in L.A.

Ever wondered how long it would take to build an accessory dwelling unit, or ADU, in your backyard? In the case of Alvaro “Al” and Nenette Alcazar, a retired couple, who downsized... Read more »
Longbridge parent posts softer earnings in Q3 2024

Longbridge parent posts softer earnings in Q3 2024

Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, saw its net income attributable to common stockholders fall in the third quarter of 2024 to $16.2 million... Read more »
Liberty Reverse parent Onity touts higher profitability, solid servicing performance

Liberty Reverse parent Onity touts higher profitability, solid servicing performance

Onity Group, the recently rebranded parent company of top-10 lender Liberty Reverse Mortgage, posted improved earnings results in the third quarter of the year — with particular attention given to the profitability... Read more »
FAR parent updates investors on AAG integration, business performance

FAR parent updates investors on AAG integration, business performance

Finance of America Companies (FOA), parent company of industry-leading reverse mortgage lender Finance of America Reverse (FAR), released a new “investor update” this week to update shareholders and other stakeholders on different... Read more »
Liberty Reverse parent Ocwen seeks to rebrand this year

Liberty Reverse parent Ocwen seeks to rebrand this year

Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp., announced on Wednesday that it is undergoing a rebranding effort and will be... Read more »
Longbridge parent completes proprietary reverse mortgage securitization

Longbridge parent completes proprietary reverse mortgage securitization

Ellington Financial, the parent company of reverse mortgage industry lender and servicer Longbridge Financial, announced the successful closing of a new securitization backed by a pool of proprietary reverse mortgages initially originated... Read more »
RMF parent obtains Chapter 7 bankruptcy status

RMF parent obtains Chapter 7 bankruptcy status

The presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the parent company of former leading reverse mortgage lender Reverse Mortgage Funding (RMF) — has approved a request... Read more »