Ellington Financial Q3 net income attributable to common stockholders falls 26% from Q2 to $40.38 million
Bitget2026/11/04 22:52- Ellington Financial’s third-quarter 2026 net income attributable to common stockholders fell 26% quarter over quarter to $40.38 million.
- Longbridge’s net income dropped 59% sequentially to $12.47 million due to narrower origination margins and reduced proprietary reverse mortgage securitization gains.
- Loan originations at Longbridge rose 36% year over year to $676.3 million, while its HMBS market share reached a quarterly record 31%.
- Ellington acquired a controlling interest in loan servicer Statebridge during the quarter to strengthen loss mitigation and recoveries.
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