Ellington Residential Mortgage REIT(EARN) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Ellington Credit Company Reports Results for Three-Month Period Ended March 31, 2025 OLD GREENWICH, Connecticut—May 20, 2025—Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the three-month period ended March 31, 2025. Highlights Conversion Update On April 1, 2025, we completed our conversion to a Delaware-domiciled closed-end fund focused on corporate collateralized loan obligations ("CLOs"), registered under the Investment Company Act of 1940 ("1940 Act"), whi ...