Longbridge Financial, LLC

Analysts: Longbridge acquisition deal indicates good things for the lender and its buyer

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Last week, Ellington Financial (NYSE: EFC) announced that a deal was reached to acquire leading reverse mortgage lender, Longbridge Financial. Since this announcement, Ellington has repeatedly relayed great confidence in its decision – noting favorable demographics for the reverse mortgage industry, in addition to Longbridge’s portfolio of mortgage servicing rights and confidence in Longbridge’s financial standing.

Initial reactions to the deal have been overall positive across the reverse mortgage landscape. For a better understanding of how the deal could impact the industry, Reverse Mortgage Daily reached out to a group of analysts who specialize in different industry segments, as well as the mortgage market broadly.

To learn more and see how the analysts weighed in, read the full article in Reverse Mortgage Daily.

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By submitting your phone number you are providing your signature and express “written” consent to having Longbridge Financial LLC contact you about your inquiry at the phone number you have provided. You agree to be contacted via a live or automated prerecorded telephone call, text message, or email even if you have previously registered on a “do not call” government registry or requested Longbridge to not send marketing information to you. You understand that your telephone company may impose charges on you for these contacts, and you are not required to enter into this agreement as a condition of any Longbridge products or services. You understand that you can revoke this consent at any time by calling Longbridge Financial at 855-523-4326.

For information on how we collect and use personal information, please see our Privacy Notice.