Ellington Financial Inc. Longbridge Segment — Servicing expense increased by 7.1% to $6.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.8%, from $5.46M to $6.05M. Over 3 years (FY 2022 to FY 2025), Longbridge Segment — Servicing expense shows an upward trend with a 87.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising servicing expenses relative to the portfolio size may indicate operational inefficiencies or increased complexity in managing the underlying assets.
Costs directly associated with the administration and servicing of the segment's loan portfolio, including collection, c...
Standard operating expense for mortgage servicing and specialty finance segments.
efc_segment_longbridge_segment_servicing_expense| 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 | $849.00K | $849.00K | $849.00K | $849.00K | $3.88M | $3.88M | $3.88M | $3.88M | $4.47M | $4.53M | $4.87M | $4.97M | $5.46M | $5.70M | $5.70M | $5.65M | $6.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +357.0% | +0.0% | +0.0% | +0.0% | +15.2% | +1.2% | +7.6% | +2.0% | +9.8% | +4.4% | +0.1% | -0.9% | +7.1% |
| YoY Change | — | — | — | — | +357.0% | +357.0% | +357.0% | +357.0% | +15.2% | +16.6% | +25.5% | +28.0% | +22.0% | +25.9% | +17.0% | +13.7% | +10.8% |