“Our results for the fourth quarter highlight excellent performance from our loan originator affiliates, including our reverse mortgage loan platform Longbridge Financial, as well as securitization-related gains,” said Laurence Penn, Chief Executive Officer and President. “Supported by another quarter of strong performance at Longbridge, our adjusted distributable earnings increased by another $0.05 per share sequentially to $0.45, again covering our $0.39 of dividends for the quarter.”
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