Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 211

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 211
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2025144.48 %127.02 %131.38 %117.47 %112.52 %July 2025140.90 %124.46 %130.03 %117.47 %N/AApril 2025142.15 %122.65 %127.91 %N/AN/AJanuary 2025136.19 %122.10 %123.89 %N/AN/AOctober 2024129.98 %123.14 %124.20 %N/AN/A________________________(1)This table represents the quarterly trend of our overcollateralization ratio, however, the CLO determination dates are monthly and we were in compliance with this test for all periods presented.

The ratio will fluctuate based on the performance of the underlying assets, transfers of assets into the CLOs prior to the expiration of their respective replenishment dates, purchase or disposal of other investments, and loan payoffs. No payment due under the junior subordinated indentures may be paid if there is a default under any senior debt and the senior lender has sent notice to the trustee. The junior subordinated indentures are also cross-defaulted with each other. 

Note 11 — Allowance for Loss-Sharing Obligations

Our allowance for loss-sharing obligations related to the Fannie Mae DUS program is as follows (in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Beginning balance$89,757 $76,561 $83,150 $71,634 Provisions for loss sharing 9,166 3,521 17,815 9,294 Provisions reversal for loan repayments(910)(341)(3,557)(735)Recoveries (charge-offs), net(2,192)836 (1,587)384 Ending balance$95,821 $80,577 $95,821 $80,577 When a loan is sold under the Fannie Mae DUS program, we undertake an obligation to partially guarantee the performance of the loan. A liability is recognized for the fair value of the guarantee obligation undertaken for the non-contingent aspect of the guarantee and is 

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Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

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