Ellington Financial Successfully Closes $208M Securitization of Reverse Mortgages
Monday, 25 March 2024, 20:31
Ellington Financial Closes $208M Securitization
Ellington Financial has successfully completed a securitization transaction worth $208 million. The deal involved reverse mortgage loans and signifies the company's proactive approach in managing risk.
Strategic Risk Retention
Ellington Financial has opted to retain the credit risk associated with the securitization. This move demonstrates the company's confidence in its risk management capabilities and long-term business strategy.
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