Ellington Financial Closes $290 Million Mortgage-Backed Securitization

MT Newswires Live11-15

Ellington Financial (EFC) said Friday it has closed a $290 million securitization backed by a pool of non-qualified residential mortgage loans.

The company said it has contributed approximately 65% of the loans included in the securitization, with the rest from funds managed by Ellington Management Group.

Price: 12.02, Change: +0.07, Percent Change: +0.58

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment