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CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of Ellington Residential Mortgage REIT of our report dated March 10, 2023 relating to the financial statements which appears in Ellington Residential Mortgage REIT's Annual Report on Form 10-K for the year ended December 31, 2022. We also consent to the reference to us under the heading “Experts” in such Registration Statement.
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| /s/ PricewaterhouseCoopers LLP |
| New York, NY |
| October 25, 2023 |