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Ellington adds to its NPL, servicing with Great Ajax acquisition

Ellington adds to its NPL, servicing with Great Ajax acquisition
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Mortgage rates slip for second week: Freddie Mac

The average for the 30-year fixed slipped 2 basis points in anticipation of the Federal Open Market Committee pausing short-term rate hikes, said Sam Khater, chief economist.

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Check Out 3 Financial Stocks With Over 7% Dividend Yields From Wall Street s Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have hi.

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Mortgage prepayment speeds were up 22% | National Mortgage News

But activity is still very low, as just 1% of the market is in the position to refinance thanks to high interest rates, Keefe, Bruyette & Woods said.

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Mortgage servicing the biggest benefit for Ellington in Arlington buy

The transaction comes along with a low-coupon, low leverage $13 billion conforming portfolio, providing capital for further growth.

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