Longbridge parent posts softer earnings in Q3 2024

Longbridge parent posts softer earnings in Q3 2024

Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, saw its net income attributable to common stockholders fall in the third quarter of 2024 to $16.2 million... Read more »
At last: Softer labor data sends mortgage rates lower

At last: Softer labor data sends mortgage rates lower

The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. The labor market doesn’t show wages spiraling out of control... Read more »