Ellington Financial Inc. Completes $267.3 Million Non-QM Loan Securitization
“We are pleased with the execution of our second securitization of non-QM loans of 2019, and with the steady growth of LendSure,” said JR Herlihy, Chief Financial Officer of the Company. “Securitizations are an important component of Ellington Financial’s financing strategy, as they provide long-term, non-mark-to-market financing, and enhance our earnings. The performance of LendSure’s loan production has been excellent, and we look forward to continued success together.”
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 37 states, and operates primarily on a wholesale basis. LendSure was founded in
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Source:
Investors:
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