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

Housing Wire

Projections of loan originations and submissions, however, are tracking higher thus far in the second quarter and the company expects that Longbridge will soon return to positive contributions. Mark Tecotzky, Ellington’s co-chief investment officer, described the company’s enthusiasm for the proprietary reverse mortgage securitization.

Mortgages 243
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The 13 Best Real Estate Investing Classes Online 2025

The Close

A 10-lesson module covers agent roles, valuation, negotiation, and real estate tech. Youll also learn about mortgage underwriting, analysis, loan management, and securitization. It also includes some education in commercial real estate deals, property valuation, market assessment, and leveraging for preinvesting.

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Tips on how to get foreclosure listings

Easy Agent Pro

In February, pre-CARES Act, 10,438 FHA loans were in foreclosure. The notice is recorded at the county recorder’s office and off goes the loan to the foreclosure department. The homeowner has 90 days to bring the loan current. If it doesn’t sell, it becomes a REO (real estate owned), or bank-owned property.

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