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Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 3 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 13 hours agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Ellington Financial Inc (EFC) (Q1 2024) Earnings Call Transcript Highlights: Navigating Market ...
GuruFocus.com via Yahoo Finance· 3 hours agoThe credit strategy was the primary contributor to quarterly results, generating $0.48 per share of net income, driven by strong performance in non-QM and residential transition loan ...
How Reverse Mortgages Work
Investopedia· 3 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 5 days agoIt may sound like a great way to keep your home and add a steady stream of income, but legal experts...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 2 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Q1 2024 Ellington Financial Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 4 hours agoThese MBS sales drove down our overall leverage ratios in the first quarter despite the increased capital deployment overall so far in the second quarter, we further expanded our RTL and commercial ...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 7 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Mortgage scam artist admits to conning older Chicago homeowners
WGN Chicago via Yahoo Finance· 1 day agoFederal authorities charged Diamond and his associates in 2017 with running a reverse mortgage...
Ellington Financial Inc. Reports Q1 2024 Earnings: A Detailed Overview
GuruFocus.com via Yahoo Finance· 22 hours agoDespite challenges in the Agency strategy, which saw a decrease in the portfolio size to $662.6 million, the company managed a modest profit through effective interest rate hedges. The Longbridge ...