In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Briefly

from www.housingwire.com9 months ago
Longbridge's adjusted distributable earnings were lower in Q1, but Ellington anticipates positive contributions in Q2 with higher loan originations and submission projections.
www.housingwire.comhttps://www.housingwire.com/articles/in-q1-earnings-longbridge-parent-expects-reverse-mortgage-market-to-improve/
Ellington completed its first securitization of proprietary reverse mortgages through Longbridge, marking a milestone towards establishing a recurring program in the proprietary reverse business.
www.housingwire.comhttps://www.housingwire.com/articles/in-q1-earnings-longbridge-parent-expects-reverse-mortgage-market-to-improve/
Read at www.housingwire.com
#ellington-financial #reverse-mortgages #securitization #longbridge-financial #earnings
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