Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity residential mortgage loans commercial mortgage-backed securities and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations mortgage-related and non-mortgage-related derivatives corporate debt and equity securities corporate loans and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.