Longbridge parent completes proprietary reverse mortgage securitization

Ellington Financial, the parent company of reverse mortgage industry lender and servicer Longbridge Financial, announced the successful closing of a new securitization backed by a pool of proprietary reverse mortgages initially originated by Longbridge.The securitization was valued at $208 million a
Read MoreOpinion: How did homeowners get into home equity prison?

Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic. Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity o
Read MoreSFR and fix-and-flip investors expect a better market in 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market.The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating
Read More‘This is a great time for women to be in real estate,’ survey finds

Since its inception in 1908, the National Association of Realtors (NAR) has undergone a remarkable transformation, with women now accounting for 62% of its membership, according to data for the trade organization.AceableAgent, an online real estate school, surveyed more than 600 female real estate a
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