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Ellington Financial

Longbridge posts $8.6M profit, record proprietary reverse volume

Earnings, Ellington Financial, HWmember, LendingLife, Longbridge Financial, Mortgage Servicing, Reverse, Reverse Mortgage Daily /

Ellington Financial reported strong financial performance from its reverse mortgage subsidiary, Longbridge Financial, during its third-quarter earnings call on Thursday. Longbridge posted net income of $8.6 million from July through September — down from the $10.7 million profit it achieved in the second quarter but a continuation of a positive trend after its $1 million […]

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Reverse mortgage lenders log Q2 profits amid home equity, AI push

Artificial Intelligence, Earnings, Ellington Financial, Finance of America, Home Equity, HWmember, LendingLife, Mortgage, Onity Group, Reverse, Reverse Mortgage Daily /

The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.  As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to stronger demand for home equity products among seniors, as

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