Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statement on FormS-3 (No.333-255515) of Ellington Financial Inc. of our report dated July 1, 2021 relating to the financial statements of Longbridge Financial, LLC, which appears in this Amendment No. 1 to Ellington Financial Inc.’s Form 10-K.

/s/ Richey May & Co.

Denver, Colorado

July 1, 2021