Ellington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Reverse mortgage stocks: A closer look at investor attitudes
Finance of America reports strong earnings driven by proprietary loan products; Ellington remains optimistic despite softer results.
Industry leaders focus on integration and financial health for growth in the reverse mortgage market.
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Ellington Financial's reverse mortgage segment had lower earnings in Q1 but expects positive contributions soon, completing its first securitization of proprietary reverse mortgages.
Longbridge parent posts softer earnings in Q3 2024
Longbridge's proprietary reverse mortgage products showed strength despite Ellington Financial's overall net income decline in Q3 2024.
Ellington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Reverse mortgage stocks: A closer look at investor attitudes
Finance of America reports strong earnings driven by proprietary loan products; Ellington remains optimistic despite softer results.
Industry leaders focus on integration and financial health for growth in the reverse mortgage market.
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Ellington Financial's reverse mortgage segment had lower earnings in Q1 but expects positive contributions soon, completing its first securitization of proprietary reverse mortgages.