Ellington Financial Inc.

Ellington Financial Inc. is a mortgage real estate investment trust (REIT) that specializes in acquiring and managing a diverse portfolio of financial assets. The company's primary objective is to generate attractive, risk-adjusted total returns for its shareholders through its investment activities. As a REIT, Ellington Financial Inc. is structured to distribute at least 90% of its taxable income as dividends to shareholders. The company is headquartered in Old Greenwich, Connecticut.

The company operates through two main segments: the Investment Portfolio and Longbridge. The Investment Portfolio segment focuses on a broad array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities (RMBS, CMBS), consumer loans and asset-backed securities (ABS), collateralized loan obligations (CLOs), non-mortgage and mortgage-related derivatives, and strategic debt and equity investments in loan origination companies. The Longbridge segment is dedicated to the origination and servicing of reverse mortgage loans. Ellington Financial Inc. is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C., leveraging their expertise in diversified credit, mortgage, and fixed-income markets.

Laurence Penn serves as the Chief Executive Officer and President, a role he has held since August 2007. The company regularly announces its estimated book value per common share, declares monthly common dividends, and provides updates on earnings releases, reflecting its commitment to shareholder returns. Recent activities include the completion of securitizations, such as a $199 million securitization backed by closed-end second lien residential mortgage loans and a $243 million reverse mortgage securitization, both in late 2024. Ellington Financial Inc. maintains a market position as a hybrid mortgage REIT, emphasizing a diversified investment strategy and dynamic capital allocation to navigate various market conditions.