Ellington Financial Inc. Completes $226.9 Million Non-QM Loan Securitization
“We are very pleased with the execution of our third securitization of non-QM loans, and with the steady growth of LendSure,” said JR Herlihy, Chief Financial Officer of the Company. “Securitizations continue to represent an important component of our financing strategy, as they provide long-term, non-mark-to-market financing while diversifying and enhancing our earnings. In addition, we see considerable upside in our investment in LendSure given the strong growth of the non-QM loan sector.”
The securitization was rated by both
About
About
LendSure is a privately held financial services company primarily engaged in the origination of residential mortgage loans. LendSure is led by a team of seasoned mortgage professionals who have many years of experience in the mortgage industry. LendSure is currently licensed (or not required to be licensed) to originate mortgage loans in 36 states, and operates primarily on a wholesale basis. LendSure was founded in
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Source:
Investor:
Ellington Financial Inc.
Investor Relations
(203) 409-3575
info@ellingtonfinancial.com
or
Media:
Gasthalter & Co.
for Ellington Financial Inc.
Amanda Klein or Kevin FitzGerald
(212) 257-4170
ellington@gasthalter.com