Major reverse mortgage companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — recently released their third-quarter 2024 earnings results, with FOA in particular posting strong numbers while Ellington continues to tout the versatility of Longbridge in its overall portfolio.
Recently, HousingWire’s Reverse Mortgage Daily (RMD) sat down with UBS analyst Douglas Harter to take a closer look at investors’ attitudes toward these companies in the here and now.
When looking ahead at the future, there are some unsettled questions regarding the outlook of certain details within the Home Equity details ⇒
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