Longbridge nearly doubles Q4 profit as parent Ellington reports weaker performance
social-mediaReverse mortgages are booming—here’s what agents need to know now.
- 1
Longbridge profit surge
Longbridge nearly doubled Q4 profit to $16.4M, driven by strong reverse mortgage originations and servicing income.
- 2
Record origination volumes
New loan originations rose to $529.7M, with 2,492 loans originated across wholesale, correspondent, and retail channels.
- 3
Portfolio growth strategy
Proprietary reverse mortgages grew to $1.69B, while Ellington strengthened its balance sheet with a $400M notes offering.
- 4
Industry impact
Reverse mortgages are increasingly vital for real estate agents to help clients access home equity, especially in volatile markets.
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This social-media resource covers longbridge nearly doubles q4 profit as parent ellington reports weaker performance. Longbridge nearly doubled Q4 profit to $16.4M, driven by strong reverse mortgage originations and servicing income. New loan originations rose to $529.7M, with 2,492 loans originated across wholesale, correspondent, and retail channels. Proprietary reverse mortgages grew to $1.69B, while Ellington strengthened its balance sheet with a $400M notes offering. Reverse mortgages are increasingly vital for real estate agents to help clients access home equity, especially in volatile markets. Whether you're a new agent building your brand or an experienced professional looking for fresh content ideas, this free resource is designed to help you engage your audience and generate leads through educational content marketing.
Key Takeaways
- Longbridge profit surge — Longbridge nearly doubled Q4 profit to $16.4M, driven by strong reverse mortgage originations and servicing income.
- Record origination volumes — New loan originations rose to $529.7M, with 2,492 loans originated across wholesale, correspondent, and retail channels.
- Portfolio growth strategy — Proprietary reverse mortgages grew to $1.69B, while Ellington strengthened its balance sheet with a $400M notes offering.
- Industry impact — Reverse mortgages are increasingly vital for real estate agents to help clients access home equity, especially in volatile markets.
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