Ellington Financial Inc (EFC.PRA) Gagner

Ellington Financial, Inc. engages in the provision of investment services. The company is headquartered in Greenwich, Connecticut and currently employs 500 full-time employees. The company went IPO on 2010-10-08. The firm acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets. The Company’s segments include the Investment Portfolio Segment and the Longbridge Segment. The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), consumer loans and asset-backed securities (ABS), including ABS-backed by consumer loans, collateralized loan obligations (CLOs), non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. The Longbridge Segment is focused on the origination and servicing of, and investment in, reverse mortgage loans. The firm is externally managed and advised by Ellington Financial Management LLC.