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Home » News » Ellington, Impac Hungry for More Non-QMs
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Ellington, Impac Hungry for More Non-QMs

August 18, 2017
Two nonbanks involved in originating and acquiring non-qualified mortgages aren’t satisfied with the amount of volume they have taken in thus far. “We like our portfolio, but we wish it would ramp faster,” Mark Tecotzky, co-chief investment officer at Ellington Financial, said during the company’s earnings call for the second quarter. Ellington has made an equity investment in an unidentified lender and as of the end of the second quarter was holding non-QMs with an unpaid principal balance of ...
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