Ellington Financial Inc. (EFC) NYSE

13.60

+0.17(+1.27%)

Updated at June 02 04:00PM

Currency In USD

Ellington Financial Inc.

Address

53 Forest Avenue

Old Greenwich, CT 06870

United States of America (the)

Phone

203 698 1200

Sector

Real Estate

Industry

REIT - Mortgage

Employees

400

First IPO Date

October 08, 2010

Key Executives

NameTitlePayYear Born
Laurence Eric PennChief Executive Officer, President & Director01962
Christopher SmernoffChief Accounting Officer427,9251977
J. R. HerlihyChief Financial Officer & Treasurer652,2191981
Daniel Reuven MargolisGeneral Counsel01973
Alaael-Deen ShillehAssociate General Counsel & Secretary0N/A
Vincent AmbricoController0N/A
Michael William VranosCo-Chief Investment Officer01961
Mark Ira TecotzkyCo-Chief Investment Officer01962

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. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential 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 mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.