Ellington Financial Inc

LTS:0A26 (USA)  
$ 11.73 (+1.08%) May 3
Market Cap:
$ 991.76M
Enterprise V:
$ 14.47B
Volume:
587.00
Avg Vol (2M):
992.00
Also Trade In:
Volume:
587.00
Avg Vol (2M):
992.00

Business Description

Ellington Financial Inc
NAICS : 525920 SIC : 6798
ISIN : US28852N1090
Description
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. The company has two reportable segments; 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, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.