Investment firm sees opportunities in reverse mortgage stake despite market challenges

Investment firm sees opportunities in reverse mortgage stake despite market

Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released its Q2 2022 earnings results, offering details about the performance of top 10 reverse mortgage lender Longbridge Financial and some of its continuing perspectives on the health of the reverse mortgage business. “Ellington Financial had an economic loss of 6% for the quarter,” said Ellington CEO … Read more