About Ellington Residential

We specialize in acquiring, investing in and managing residential mortgage- and real estate-related assets.

Our primary objective is to generate attractive current yields and risk-adjusted total returns for our shareholders by making investments that we believe compensate us appropriately for the associated risks. We seek to attain this objective by constructing and actively managing a portfolio consisting primarily of residential mortgage-backed securities, or "RMBS," for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored entity, or "Agency RMBS," and, to a lesser extent, RMBS backed by prime jumbo, Alternative A-paper, mortgage loans that are not deemed qualified mortgage loans under the rules of the Consumer Financial Protection Bureau, mortgages on single-family-rental properties, manufactured housing, and subprime residential mortgage loans, or “non-Agency RMBS.” We also may opportunistically acquire other types of mortgage- and real estate-related asset classes, such as commercial mortgage-backed securities; residential mortgage loans; mortgage servicing rights; and credit risk securities. We believe that being able to combine Agency RMBS with non-Agency RMBS and other residential and commercial mortgage-and real estate-related asset classes enables us to balance a range of mortgage-related risks. 

We have elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. We intend to maintain our exclusion from registration under the Investment Company Act.