EFC 📈 Ellington Financial - Overview

Ellington Financial Inc. is a diversified financial company that specializes in acquiring and managing a wide range of financial assets in the United States. Through its subsidiary, Ellington Financial Operating Partnership LLC, the company invests in mortgage-related assets, including residential mortgage-backed securities (RMBS) and residential mortgage loans.

Within the mortgage-backed securities space, Ellington Financial focuses on various types of RMBS, such as those backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgages. The company also invests in RMBS that are guaranteed by U.S. government agencies or government-sponsored entities, providing an added layer of security.

In addition to mortgage-related assets, Ellington Financial's portfolio includes commercial mortgage-backed securities, commercial mortgage loans, and other commercial real estate debt. The company also provides collateralized loan obligations, mortgage-related and non-mortgage-related derivatives, and invests in corporate debt and equity securities, as well as corporate loans.

Furthermore, Ellington Financial's investment portfolio includes consumer loans and asset-backed securities backed by consumer and commercial assets. As a real estate investment trust (REIT), the company is required to distribute at least 90% of its taxable income as dividends to shareholders, providing a regular income stream to investors.

Headquartered in Old Greenwich, Connecticut, Ellington Financial Inc. was incorporated in 2007 and has since established itself as a prominent player in the financial services industry. For more information, please visit the company's website at https://www.ellingtonfinancial.com.