EX-99.1 5 dex991.htm JOINT FILING AGREEMENT Joint Filing Agreement

Exhibit 99.1

Joint Filing Agreement

February 14, 2011

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, Michael W. Vranos, VC Investments LLC, EMG Holdings, L.P., Ellington Capital Management, LLC, Ellington Mortgage Partners, L.P., New Ellington Credit Partners, L.P., New Ellington Partners, L.P. and Ellington Financial Management LLC each hereby agree to the joint filing of this Statement on Schedule 13D (including any and all amendments hereto). In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13D. A copy of this Agreement shall be attached as an exhibit to the Statement on Schedule 13D filed on behalf of each of the persons hereto, to which this Agreement relates.

This Agreement may be executed in multiple counterparts, each of which shall constitute an original, one and the same instrument.

 

MICHAEL W. VRANOS

/s/ Michael W. Vranos

VC INVESTMENTS L.L.C.
By:  

/s/ Michael W. Vranos

  Name:   Michael W. Vranos
  Title:   Managing Member
EMG HOLDINGS, L.P.
By:  

/s/ Laurence E. Penn

  Name:   Laurence E. Penn
  Title:   Designated Person
ELLINGTON CAPITAL MANAGEMENT, L.L.C.
By:  

Laurence E. Penn

  Name:   Laurence E. Penn
  Title:   Vice Chairman


ELLINGTON MORTGAGE PARTNERS, L.P.
By:   Ellington Management Group, L.L.C.,
  as its Investment Manager

 

  By:  

/s/ Laurence E. Penn

    Name:   Laurence E. Penn
    Title:   Vice Chairman

 

NEW ELLINGTON CREDIT PARTNERS, L.P.

By:   Ellington Management Group, L.L.C.,
  as its Investment Manager

 

  By:  

/s/ Laurence E. Penn

    Name:   Laurence E. Penn
    Title:   Vice Chairman

 

NEW ELLINGTON PARTNERS, L.P.

By:   Ellington Management Group, L.L.C.,
  as its Investment Manager

 

  By:  

/s/ Laurence E. Penn

    Name:   Laurence E. Penn
    Title:   Vice Chairman

 

ELLINGTON FINANCIAL MANAGEMENT LLC

 

By:  

/s/ Laurence E. Penn

  Name:   Laurence E. Penn
  Title:   Executive Vice President