{"schema_version":"secwatch.filing_event.v1","accession":"0001560672-23-000079","form_type":"8-K","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.525670+00:00","generated_at":"2026-06-08T05:06:22.546168+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ellington Residential posts Q3 net loss of $11.4M; book value falls to $7.02","bullets":["Net loss of $11.4M ($0.75/share); Adjusted Distributable Earnings of $3.2M ($0.21/share).","Book value per share declined to $7.02 from prior quarter; dividends of $0.24/share declared in Q3.","Agency RMBS holdings decreased 11% to $790.5M; portfolio turnover 19% in quarter.","Began rotating into corporate CLOs, acquiring $3.8M in last week; CEO cites projected ROEs >20%.","Debt-to-equity ratio 7.3:1; cash and unencumbered assets 38% of total equity."],"urls":{"canonical":"https://secwatch.observer/filing/0001560672-23-000079","json":"https://secwatch.observer/filing/0001560672-23-000079.json","markdown":"https://secwatch.observer/filing/0001560672-23-000079.md","text":"https://secwatch.observer/filing/0001560672-23-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000079/0001560672-23-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000079/earn-20231113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:06:22.546168+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98303b4a395b51037b6bd6237882b64a8d206c1e","claim":"Ellington Credit Co reported quarter ended September 30, 2023 results: net income $(11.4) million, EPS $(0.75) per share.","evidence_excerpt":"Ellington Residential Mortgage REIT Reports Third Quarter 2023 Results OLD GREENWICH, Connecticut—November 13, 2023 Ellington Residential Mortgage REIT (NYSE: EARN) (\"we\", \"us,\" or \"our\") today reported financial results for the quarter ended September 30, 2023. Highlights • Net income (loss) of $(11.4) million, or $(0.75) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000079/0001560672-23-000079-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Net income","value":"$(11.4) million"},{"label":"EPS","value":"$(0.75) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}