Ellington Financial Inc. Completes Non-QM Securitization
30 Aprile 2024 - 12:04AM
Business Wire
Ellington Financial Inc. (NYSE: EFC) (the "Company") today
announced the closing of a $300 million securitization backed by a
pool of non-qualified residential mortgage (“non-QM”) loans.
Ellington Financial contributed approximately 64% of the loans
included in the securitization, with the remainder contributed by
funds managed by Ellington Management Group, L.L.C.
The debt tranches issued in the securitization were rated by
S&P, with the senior-most tranches receiving AAA(sf) ratings.
The Company retained certain tranches of the securitization in
compliance with credit risk retention rules, and also retained the
option to call the securitization at any time following the
optional redemption date.
About Ellington Financial
Ellington Financial invests in a diverse array of financial
assets, including residential and commercial mortgage loans and
mortgage-backed securities, reverse mortgage loans, mortgage
servicing rights and related investments, consumer loans,
asset-backed securities, collateralized loan obligations,
non-mortgage and mortgage-related derivatives, debt and equity
investments in loan origination companies, and other strategic
investments. Ellington Financial is externally managed and advised
by Ellington Financial Management LLC, an affiliate of Ellington
Management Group, L.L.C.
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Investor Inquiries: Ellington Financial Inc. Investor
Relations (203) 409-3575 info@ellingtonfinancial.com Press &
Media Relations: Amanda Shpiner/Sara Widmann Gasthalter &
Co. for Ellington Financial (212) 257-4170
Ellington@gasthalter.com
Grafico Azioni Ellington Financial (NYSE:EFC)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Ellington Financial (NYSE:EFC)
Storico
Da Gen 2024 a Gen 2025