As public companies in the forward mortgage business report a lot of reduced earnings, public companies with reverse mortgage segments are touting those divisions’ solid performance, as noted by RMD’s editor in this new commentary.
An investment firm with a stake in a major reverse mortgage lender discusses how the business has performed over the past year, as indicated by the lender’s impact on revenue.
An investment firm with a stake in a leading reverse mortgage lender has again touted its presence in the space, touting the lender’s growth as a positive contributor to its diversified portfolio.
Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released its Q3 2020 earnings results, and has once again touted the success of top reverse mortgage lender Longbridge Financial, describing the lender’s performance as pronounced particularly as seniors continue to find new sources of cash flow due to the COVID-19 coronavirus pandemic. In an earnings call […]
Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released its Q2 2020 earnings results last week, and has touted the success of top 10 reverse mortgage lender Longbridge Financial, describing the lender’s performance as a “driver” of positive performance in its mortgage investments portfolio. “The Company’s investments in loan originators had strong performance during the […]