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Unison

Unison faces more legal trouble over allegedly deceptive home equity agreements

Colorado, Home Equity, HWmember, Lawsuit, Legal, Mortgage, Reverse, Unison /

A newly filed class-action lawsuit accuses home equity investment (HEI) company Unison of misleading homeowners and structuring its products in ways that leave customers with far less equity than expected. The complaint, filed April 6 in the U.S. District Court for the District of Colorado by plaintiffs Katharine and Charles Kane, alleges that Unison and […]

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Unison settles lawsuit after HEI product ruled to be reverse mortgage

Colorado, Home Equity, Hometap, Lawsuit, Legal, Massachusetts, Reverse, Reverse Mortgage Daily, Unison, Washington /

A legal battle over the validity of home equity investments (HEIs) and whether they should be classified as reverse mortgages has come to an end in Washington state. Unison, one of the nation’s leading providers of HEI products, settled the case with plaintiffs Charles and Janine Olson, according to court documents reviewed by HousingWire’s Reverse

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Appeals court throws curve ball in potential class-action suit against Unison

Home Equity, HWmember, Lawsuit, Legal, Reverse, Unison /

The line between reverse mortgages and home equity sharing products got a little blurrier on Thursday when a Ninth Circuit Court of Appeals panel reversed a lower court’s dismissal order in a proposed class-action suit against Unison. The opinion found that the plaintiffs suing Unison have shown that their arrangement with the company amounts to

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