Ellington Financial (NYSE:EFC) Corporation (NYSE: EFC) is a mortgage real estate investment trust (REIT) specializing in the acquisition, financing and management of residential and commercial mortgage-backed securities, as well as other mortgage-related assets. The company’s portfolio predominantly comprises agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS) and whole mortgage loans, allowing it to generate income through interest spreads and potential price appreciation.
Founded in 2014, Ellington Financial is externally managed and advised by Ellington Financial Management, LLC, an affiliate of Ellington Management Group. The management team leverages decades of experience in structured credit, mortgage finance and portfolio management, supported by a proprietary research platform and trading infrastructure. This arrangement provides EFC with robust credit analysis capabilities, risk controls and access to market insights that inform its investment decisions.
Headquartered in Miami, Florida, Ellington Financial focuses its investment activities primarily on the U.S. mortgage market, while also utilizing global capital markets and derivative instruments to manage interest rate and credit exposure. The company continually adjusts its portfolio positioning in response to shifting housing trends, macroeconomic indicators and regulatory developments. Through active asset selection and liability management, EFC aims to deliver consistent, risk-adjusted returns to its shareholders.
Governance at Ellington Financial is overseen by a board of directors comprised of professionals with extensive backgrounds in finance, real estate, risk management and compliance. The company maintains a disciplined approach to balance sheet management, emphasizing transparency, alignment of interests and adherence to prudent underwriting standards. By combining active credit research with strategic hedging and capital planning, Ellington Financial seeks to create long-term value in the specialty finance sector.
