Longbridge parent posts softer earnings in Q3 2024Longbridge's proprietary reverse mortgage products showed strength despite Ellington Financial's overall net income decline in Q3 2024.
Longbridge parent issues $243M reverse mortgage securitizationEllington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Longbridge hires new head of credit policy, underwriting and QCPatrick Halonen joins Longbridge Financial to enhance credit, underwriting, and quality control processes amid the company's growth in the market.
In Q1 earnings, Longbridge parent expects reverse mortgage market to improveEllington 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 2024Longbridge's proprietary reverse mortgage products showed strength despite Ellington Financial's overall net income decline in Q3 2024.
Longbridge parent issues $243M reverse mortgage securitizationEllington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Longbridge hires new head of credit policy, underwriting and QCPatrick Halonen joins Longbridge Financial to enhance credit, underwriting, and quality control processes amid the company's growth in the market.
In Q1 earnings, Longbridge parent expects reverse mortgage market to improveEllington 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 lauds reverse lender's contribution in Q2Longbridge Financial turnaround praised by Ellington executive team in Q2 earnings report.