Ellington Financial(EFC) - 2023 Q4 - Earnings Call Presentation

The residential transition loan portfolio expanded, as net purchases exceeded paydowns. 7 85% 9% 3% 1% 1% $964.3 mm 30-Year Fixed 20-Year Fixed 15-Year Fixed RM Fixed ARMs Fixed IOs 1% Longbridge Portfolio D: Other • Upon securitization, the HECMs remain on our balance sheet under GAAP, and Longbridge retains the mortgage servicing rights associated with the HMBS. • In addition, Longbridge originates proprietary reverse mortgage loans, which are not insured by the FHA, and has typically retained the associa ...