Longbridge originations jump 38%, propelling Ellington to $54.4M profit

Ellington Financial Inc. on Thursday reported second-quarter 2026 net income attributable to common stockholders of $54.4 million, driven by strong loan credit performance and growing reverse mortgage production at its Longbridge Financial subsidiary. The Connecticut-based real estate investment tru
Read MoreGibson suit plaintiffs can notify MLSs about settlement data duties

The Gibson home seller commission lawsuit plaintiffs have been authorized to send a notice to all of the MLSs that opted into the National Association of Realtors’ (NAR) commission lawsuit settlement reminding them of their responsibilities in the settlement. This comes after Judge Stephen Bough, w
Read MoreMillrose Q2 2026 results build on new partnerships, growth mojo

Millrose Properties, whose spin-off from Lennar less than 18 months ago ushered in a modern era for residential development land-banking, is showing signs it is not an investment model entirely immune to a fitful homebuilding market, but is holding steady nevertheless. Millrose’s Q2 2026 earnings ca
Read MoreAchieve closes $261.5 million HELOC securitization

Achieve has closed a $261.5 million securitization of newly originated home equity lines of credit (HELOCs), its first of 2026 and ninth overall, the company announced Friday. The transaction is backed by 3,129 HELOCs. As of June 30, the cutoff date for the securitization, the pool had a total unpai
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