{"schema_version":"secwatch.filing_event.v1","accession":"0001560672-24-000071","form_type":"8-K/A","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2024-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.520775+00:00","generated_at":"2026-05-31T09:41:38.080686+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Q2 net loss $0.8M, adj distributable earnings $0.36/sh; CLO portfolio doubles to $85M","bullets":["Net loss of $0.8M ($0.04/sh); adjusted distributable earnings of $7.3M ($0.36/sh), covering $0.24 quarterly dividend.","Book value $6.91/sh as of June 30; net mortgage assets-to-equity ratio 4.0:1; debt-to-equity 4.0:1 (3.7:1 adjusted).","CLO portfolio grew to $85.1M (from $45.1M); capital allocation to CLOs increased to 45% (from 25%).","Agency RMBS holdings decreased 28% to $531M as portfolio rotates to CLOs; net interest margins improved.","Management expects Q3 adj distributable earnings to decline from Q2's $0.36 but still exceed Q1's $0.27."],"urls":{"canonical":"https://secwatch.observer/filing/0001560672-24-000071","json":"https://secwatch.observer/filing/0001560672-24-000071.json","markdown":"https://secwatch.observer/filing/0001560672-24-000071.md","text":"https://secwatch.observer/filing/0001560672-24-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000156067224000071/0001560672-24-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000156067224000071/earn-20240812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:41:38.080686+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}