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Blue Sky Mortgage

Blue Sky Mortgage Network - (705)495-0505

Blue Sky Mortgage Network www.canpages.ca 205 Main St E , North Bay, ON, P1B1B2 (705) 495-0505

Ellington Financial LLC Announces Expiration and Final Results of Exchange Offer

)--Ellington Financial LLC (NYSE:EFC) announced today the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding 5.25% Senior Notes due September 1, 2022 (the “Existing Notes”) for up to $86,000,000 of a new issue of 5.50% Senior Notes due September 1, 2022 (the “New Notes”), issued by the Company’s subsidiaries EF Holdco Inc. and EF Cayman Holdings Ltd. along with other Company subsidiaries that may be added as issuers, and guaranteed by the Company.

The Company has been informed by the information agent for the exchange offer that as of 5:00 p.m., New York City time, on February 6, 2019, all $86,000,000 of the outstanding principal amount of the Existing Notes were validly tendered and not validly withdrawn. As a result, $86,000,000 of New Notes will be issued upon the closing of the exchange offer, which is expected to occur once all closing conditions are met.

Affordable Housing Baffles Otherwise Soaring Multifamily Sector

A panel at the Mortgage Bankers Association conference in San Diego on Tuesday was chock full of residential finance experts—including a pair of executives from Fannie Mae and Freddie Mac , organizations that are mandated to support reliable blue-collar residential options. But the speakers had few good answers for how to dent the issue of sky-high prices in America’s biggest cities.

“There are government programs for affordable housing. But at the same time, it seems like some of the stock for workforce housing has been taken out of play,” noted Scott Bassin , a multifamily originator at PNC Bank who served as the discussion moderator. Owners, he griped, have been buying up older properties and converting them into high-end digs, culling the housing stock of good options for renters on a budget.

“Obviously, you’ve hit on the major issue: lack of supply,” Debby Jenkins , Freddie Mac’s executive vice president in charge of multifamily, replied. “With demographic trends and people taking longer to start families, it’s becoming less affordable every single day.”

Just got DECLINED for an amex airmiles platinum card. AND a blue sky AMEX.?

So what happened was I applyed for an amex airmiles platinum card and got turned down. And their reason was my score is too low. I dont know how a score of 785 ( TransUnion) is low.


How on earth did you ever qualify for a $300,000 mortgage or a $33,000 car loan if you only make $45,000?