Ellington Financial Inc. acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States through its subsidiary, Ellington Financial Operating Partnership LLC. It operates in two segments: Investment Portfolio and Longbridge. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes and intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial Inc. was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.