In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Housing Wire
MAY 8, 2024
Beyond that, Ellington completed its first securitization of proprietary reverse mortgages originated by Longbridge under its “Platinum” brand, which company leaders describe as a “milestone.” The securitization allowed us to both recycle our capital and create some very high-yielding, long-duration, retained tranches.
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