Ellington Financial Agrees To Acquire AAIC
Deal expected to close in fourth quarter of this year.
Deal expected to close in fourth quarter of this year.
Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies, and other strategic investments.
Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage-backed notes from Ellington Financial Mortgage Trust.