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Ellington Financial Closes $290 Million Mortgage-Backed Securitization
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Ellington Financial Closes $290 Million Mortgage-Backed Securitization
Nov 15, 2024 12:35 PM

09:03 AM EST, 11/15/2024 (MT Newswires) -- 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.

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