Ellington Financial Inc. Transfers from mortgage loans to real estate owned (non-cash) increased by 48.6% to $43.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.6%, from $33.88M to $43.22M. Over 4 years (FY 2021 to FY 2025), Transfers from mortgage loans to real estate owned (non-cash) shows an upward trend with a 63.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests rising credit stress or a shift in the underlying asset recovery process.
The carrying value of mortgage loans reclassified as real estate owned (REO) following foreclosure or asset repossession...
Common in mortgage REITs and distressed debt investors.
supplemental_transfers_from_mortgage_loans_to_real_estat_feede5| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.51M | $3.51M | $3.51M | $948.00K | $70.00K | $0.00 | $1.30M | $3.13M | $7.06M | $9.99M | $13.32M | $13.06M | $13.89M | $21.45M | $22.44M | $33.88M | $13.93M | $23.51M | $29.08M | $43.22M |
| QoQ Change | — | +0.0% | +0.0% | -73.0% | -92.6% | -100.0% | — | +141.3% | +125.1% | +41.6% | +33.4% | -2.0% | +6.4% | +54.4% | +4.6% | +51.0% | -58.9% | +68.8% | +23.7% | +48.6% |
| YoY Change | — | — | — | — | -98.0% | -100.0% | -63.0% | +230.6% | >999% | — | +925.6% | +316.6% | +96.9% | +114.7% | +68.4% | +159.5% | +0.2% | +9.6% | +29.6% | +27.6% |