Ellington Credit Company (EARN) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Old Greenwich, CT, United States. The current CEO is Laurence Eric Penn.
EARN has IPO date of 2013-05-01, 150 full-time employees, listed on the NYSE, a market capitalization of $173.95M.
Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.
