Company Description
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.
It operates in two segments, Investment Portfolio and Longbridge. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, non-QM, manufactured housing, subprime residential, and single-family-rental mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential and commercial mortgage loans; residential mortgage-backed securities; commercial mortgage-backed securities; consumer loans and asset-backed securities backed by consumer loans; investments referencing mortgage servicing rights on traditional forward mortgage loans; collateralized loan obligations; non-mortgage- and mortgage-related derivatives; debt and equity investments in loan origination companies; and other strategic investments.
It also offers reverse mortgage loans, including associated financial assets, financing, hedging, and allocated expenses.
The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders.
Ellington Financial Inc. was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.
Country | United States |
Founded | 2007 |
Employees | 400 |
CEO | Laurence Penn |
Contact Details
Address: 53 Forest Avenue Old Greenwich, Connecticut 06870 United States | |
Phone | 203 409 3575 |
Website | ellingtonfinancial.com |
Stock Details
Ticker Symbol | EFC.PRC |
Exchange | NYSE |
Stock Type | Preferred Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
Key Executives
Name | Position |
---|---|
Laurence Penn | Chief Executive Officer |
J. Herlihy | Chief Financial Officer |
J. Herlihy | Head of Investor Relations |