Eric Francis Billings

Founded in 1989, FBR Capital Markets & Co., formerly Friedman, Billings, Ramsey & Co., is a broker/dealer headquartered in Arlington, Virginia with additional offices throughout the US. The firm is a subsidiary of FBR Capital Markets Holdings, Inc.. and their ultimate parent is FBR & Co. (NASDAQ: FBRC). In 2007, FBR Capital Markets Corp. was spun out from FBR Group as an independent investment bank, of which FBR Group retained majority ownership. FBR Capital Markets is registered with the SEC and is a member of FINRA, Nasdaq and the SIPC. FBR Capital Markets' Equity Sales & Trading Group provides institutional sales and trading services to over 1300 institutional accounts in the US, Canada, Europe, Australia and Asia. Their clients include mutual funds, hedge funds, money managers, endowments, foundations, banks, insurance companies and pension and profit sharing plans. They actively trade on behalf of clients and make markets in almost 1000 stocks traded on the NYSE, listed and OTC markets and trade more than $100 billion of securities on a per annum basis. In 2009, FBR Capital Markets began making markets in selected stocks traded on the London Stock Exchange and Euronext. In addition to agency trading in listed securities markets, they act as market-maker in Nasdaq and other OTC securities. They are one of the largest distributors of the shares of small- and mid-cap companies in public and private securities offerings and have deep trading expertise in the vertical industry groups in which the firm's investment banking and research teams specialize. These sectors include: (1) consumer (2) diversified industrials (3) energy and natural resources (4) financial institutions (5) healthcare (6) insurance (7) real estate (8) Washington policy analysis and (0) technology, media and telecommunications. The firm's analytical coverage includes a large number of small- and mid-cap companies in addition to large companies. Research is provided by FBR Capital Markets' research department, which is independent from the firm's investment banking department and has the sole authority to determine which companies receive research coverage and the recommendation contained in the coverage.

Arlington Asset Investment Corp. engages in the acquisition and holding a portfolio of residential mortgage-backed securities. Its portfolio consists of agency mortgage-backed securities and mortgage credit investments. The company was founded by Eric Francis Billings and William Russel Ramsey in 1989 and is headquartered in McLean, VA.

The Washington Scholarship Fund provides scholarship fund services through the organization's federally funded Opportunity Scholarship Program and the Signature Scholarship Program. The company was founded in February, 1993 and is headquartered in Washington, DC.

Part of Ellington Financial, Inc., FBR TRS Holdings, Inc. is a holding company. The company is based in Arlington, VA. The company was founded by Eric Francis Billings. Eric Francis Billings has been the CEO since incorporation.

Greater Washington Sports Alliance operates as a regional sports commission and is a comprehensive resource for promoting sporting events, delivering sports information and developing regional collaboration. The company is headquartered in Washington, DC.

Committee Encouraging Corporate Philanthropy operates as an only international forum of business leaders. It specializes in social strategies, stakeholders involvements, business strategies, and disaster relief services. The company was founded by Paul L. Newman and Peter L. Malkin in 1999 and is headquartered in New York, NY.

Bethesda Big Train Baseball Club operates as a baseball club. The company is headquartered in Bethesda, MD.