Ellington Management Group’s Post

Why are insurance firms increasingly attracted to owning residential mortgage loans? What skills are required to manage these complex assets?   In a recent interview with Scott Carpenter of Bloomberg News, our CEO Deva Mishra discussed the potential yield benefits of owning whole loans, why he believes these whole loans are a good match for insurance capital, and why we find that insurers are increasingly tapping asset management firms to manage these investments on their behalf. Read more: https://lnkd.in/eNeYQEbg.   To learn more about Prosperity Asset Management’s approach to managing credit and niche assets, we invite you to visit: https://lnkd.in/e5aC2eHU   #Insurance #AssetManagement #Investing #Mortgage

Decoding PMI: The Key to Understanding Conventional Loans 💡🏡 Private Mortgage Insurance (PMI) is a key factor in many conventional loan agreements, but it’s often misunderstood. In this video, I’ll explain: What PMI is and how it works When PMI is required Tips for managing or avoiding PMI Whether you’re a first-time buyer or a real estate professional, understanding PMI can help you make smarter financial decisions. Watch now to learn more! #RealEstateInsights #PMIExplained #ConventionalLoans

People working in certain professions and earning over the income threshold may be exempt from paying Lenders Mortgage Insurance (LMI). Lenders can waive LMI for specific professionals because they're considered low-risk borrowers due to their high income and stable profession - even with a high loan-to-value ratio (LVR). Speak to us today to learn if you’re eligible for an LMI exemption or potential discount. Contact Simone at 0457 006 022 . . . . #firsthomebuyer #firsthome #homeloan #mortgagebrokers #finance #financetips #bank #banking #refinancing #refinancemortgage #invest

Last and final call to register for our "Fundamentals in Mortgage Underwriting" training commencing from tomorrow. Topics covered: Credit report review, through review of appraisal report, calculating all types of income, title report, insurance, calculating liquidity etc #usmortgage #underwriting #online #finalcall #income #appraisal #fico #trid #insurance #title

Fitch-rated US life insurers with the most commercial mortgage loan exposure have ample capital and ratings headroom to withstand higher expected losses. Downgrades driven by exposure are highly unlikely due to strong industry capitalization, current loan quality and historical loss experience. LEARN MORE: https://lnkd.in/eKQpu4GW #cre #commercialloans #lifeinsurance #insurance #fitchratings #fitch

Understanding property finance: What is Lender’s Mortgage Insurance (LMI)? 🛡️ Discover the role of LMI in property investment! Learn why it matters when your loan exceeds 80% of the property's value. Explore the intricacies of property finance with our insights. READ MORE: https://lnkd.in/dtAb3aF5 Join our webinars for more expert guidance! https://lnkd.in/esiddcHw GET THE BOOK HERE: https://lnkd.in/dPUQYP9m #PropertyFinance #LMI #InvestmentInsights

💼 Understanding Loan to Value Ratio (LVR) 💰 Loan to Value Ratio (LVR) is the percentage of the money you’ll be borrowing from the lender compared to the value of the property. Here’s an example: 🏡 Property Value: $500,000 💵 Deposit: $100,000 💳 Borrowed Money: $400,000 👉 LVR = 80% ($400,000 ÷ $500,000) Keep in mind, if your LVR exceeds 80%, Lenders' Mortgage Insurance (LMI) will likely apply. Want to know more about your LVR and how it impacts your loan? Contact your Finance Family broker today to get all the details! The Finance Family Pty Ltd ABN 81 618 586 691 is a credit representative #489536 under Australian Credit Licence #389328. Any advice given is general in nature and does not consider your personal financial needs and objectives. #FinanceFamily #LVR #HomeLoans #LendersMortgageInsurance #YourTrustedBrokers

𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗟𝗲𝗻𝗱𝗲𝗿𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 & 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 👨🏻🏫 In this video, I share my personal experience with lenders mortgage insurance (LMI) and the importance of leverage in property investment. I discuss how LMI works, different strategies to avoid paying it, and the benefits of leveraging in building a property portfolio. I also emphasize the need for careful planning and having buffers in place to manage any unforeseen circumstances. If you're interested in learning more about LMI and how to capitalize on it, I recommend checking out my other video on the topic. 👉 Join our new Public Groups. ☆ The 2% Club https://lnkd.in/gG2vDpFS 👉Subscribe to my YouTube channel https://lnkd.in/g5ZJzKGd #thexylemzone #strategicpropertycoaching #moneymanagment #debtreduction #propertymentoring #strategiccoaching #propertytips #xyzpropertytips #finance #homeloan #propertyfinance #everyone

How to Remove PMI Without Refinancing We discuss three ways to remove private mortgage insurance (PMI) without refinancing: Requesting a reappraisal of your home to get below 80% loan-to-value. Doing a large principal reduction to get below the original appraised value. Waiting until you reach 78% loan-to-value through regular payments. #PMI #MortgageInsurance #LoanToValue #Refinancing

The TMC Benchmark August 2024 data is here! 📊 STRONG GAINS FOR TMC LENDER MEMBERS AND IMPROVED OPERATIONAL EFFICIENCY In August, TMC's lender members experienced noteworthy gains in gross margin for both conventional and government loans. Month-over-month, the average loan amounts for these categories reached a 12-month high— the second consecutive month of impressive growth! On top of that, we’re seeing promising strides in operational efficiency, with a two-day reduction in the average time from application to clear to close. This not only reflects the Network’s hard work but also enhances the overall experience for your clients. Read the full summary at the 🔗 in the comments! #TMC #TMCFamily #TheMortgageCollaborative #ThePoweroftheNetwork #mortgage #creditunion #collaboration