The software fad of the late 1970s was modular programming as seen in Ada or Modula-2. Intel supported that with its 286 and it was a key feature of the National 32016, so Motorola couldn't be left behind and added support in the 68020.
Except that by the time the 68020 came out Unix and C were king and C's dirty hack solution to modularity (#include .h files) was now considered good enough. Intel and National kept full backwards compatibility (to this day, in the case of Intel) but Motorola quietly dropped the stuff from the 68030.
The EC chips, at least at the beginning, had a defective MMU that was disabled and sold cheaper than a 'full' chip. Fine for the Amiga OS, or embedded stuff. I don't know if they ever made them without the MMU at all. The EC nomenclature extended to the 68040 and 68060, where it meant "no MMU or FPU", and added the LC nomenclature which means "MMU, but no FPU".