- CEO
- Laurence Eric Penn
- Full Time Employees
- 400
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 53 Forest Avenue Old Greenwich CT United States of America 06870
- IPO Date
- Dec 15, 2023
- Business
- Ellington Financial Inc. (NYSE: EFC) is a real estate investment trust that acquires and manages a diverse portfolio of mortgage-related, consumer-related, corporate-related, and other financial assets through its two primary segments: the Investment Portfolio segment, focused on residential and commercial mortgage loans, residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), consumer loans and asset-backed securities (ABS), collateralized loan obligations (CLOs), non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments; and the Longbridge segment, a wholly-owned subsidiary that originates, acquires, sells, services, and invests in reverse mortgage loans including home equity conversion mortgages (HECMs) and proprietary jumbo reverse mortgages. The company, founded in 2007 and headquartered in Old Greenwich, Connecticut, operates primarily in the United States and Europe, targeting institutional investors with an opportunistic strategy to generate attractive, risk-adjusted total returns, and is externally managed by Ellington Financial Management LLC. Recent developments include significantly increasing long-term, non-mark-to-market financing through pricing seven securitizations in Q3 2025 alone—part of 20 year-to-date, more than triple the prior year's pace—completing a $400 million Moody's- and Fitch-rated senior unsecured notes offering in September 2025 to bolster liquidity and capital structure, advancing its inaugural securitization of residential transition loans to reduce short-term financing reliance, and maintaining robust cash reserves of $184.8 million alongside $1.04 billion in unencumbered assets as of September 30, 2025.