Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 260

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 260
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 Notes$— $— $— $34,500 $34,500 May 2029 Senior Unsecured Notes— — — 65,000 65,000 Total Senior Unsecured Notes$— $— $— $99,500 $99,500 (1)The borrowers for the Company’s Legacy WMC Commercial Loans are in maturity default as of September 30, 2025. Due to these defaults, the lender on the Company’s financing arrangements is permitted to request full repayment of the debt with respect to such assets. The Company does not currently expect the lender to require repayment of the related outstanding financing arrangements prior to its scheduled maturity in March 2026.CounterpartiesThe Company had outstanding financing arrangements with six counterparties as of September 30, 2025 and December 31, 2024.The following table presents information as of September 30, 2025 and December 31, 2024 with respect to each counterparty that provides the Company with financing for which the Company had greater than 5% of its stockholders’ equity at risk, excluding stockholders’ equity at risk under financing through affiliated entities ($ in thousands).September 30, 2025December 31, 2024CounterpartyStockholders' Equityat RiskWeighted AverageMaturity (days)Percentage ofStockholders' EquityStockholders' Equityat RiskWeighted AverageMaturity (days)Percentage ofStockholders' EquityBofA Securities, Inc.$144,199 7225.8 %$135,141 8225.0 %Goldman Sachs Bank USA132,921 5023.7 %92,220 11817.1 %Barclays Capital Inc.106,142 13219.0 %75,516 2014.0 %JP Morgan Securities, LLC30,459 295.4 %(1)(1)(1)Atlas Securitized Products, L.P.30,233 1755.4 %(1)(1)(1)Various (2)(2)(2)(2)81,855 21115.2 %(1)As of December 31, 2024, the Company had less than 5% of its equity at risk under financing arrangements with Atlas Securitized Products, L.P. and JP Morgan Securities, LLC.  (2)As of December 31, 2024, certain retained interests in se