Despite the potential for uncertainty ahead, reverse mortgages continue to be a positive addition to the overall portfolio of Ellington Financial. This is according to an earnings presentation the company held on Friday morning, detailing its financial performance in the fourth quarter of 2024. Multiple times over the course of the call, company leaders lauded…
"Mart 1, 2025" Arşivleri
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Florida-based non-QM lender A&D Mortgage on Friday announced an offering of $458.9 million in residential mortgage-backed securities (RMBS), calling it “another milestone in the company’s commitment to expanding financing solutions for borrowers with diverse income streams.” The RMBS deal, done in partnership with Imperial Fund Asset Management and Clearwater Analytics, is expected to close on…
Forecasts for the housing market in 2025 are not that rosy, but Ryan McKeveny and Brian Hale see this as a good thing for the years ahead. “Big picture 2025, our view is that it will be slightly better than 2024 in terms of originations and sales, but unfortunately it probably won’t feel much better,”…
The U.S. Department of Housing and Urban Development (HUD) this week announced the allocation of $2.48 million in new disaster recovery funds, which will be distributed to three states and one city to “assist Americans impacted by recent hurricanes and severe storms,” according to the announcement. The funds are being distributed under the department’s Rapid…