Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 182

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 182
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, as well as coupons, weighted average life, geographic concentration, collateral characteristics, LTV, and maturities of the loans we include in the "Commercial loans, at fair value" line item on our consolidated balance sheets.

65

Non-Agency RMBS and Legacy WMC CMBS

The following table presents the fair value, coupon, and weighted average life of our Non-Agency RMBS and Legacy WMC CMBS portfolios as of September 30, 2025 ($ in thousands).

Weighted AverageInstrumentCurrent FaceFair ValueCoupon (1)Life (Years) (2)Non-Agency RMBS by collateral type:Non-QM Loans (3)$53,458 $57,311 1.56 %2.84Agency-Eligible Loans (3)46,431 45,955 3.53 %6.78Home Equity Loans (3)37,950 52,268 6.04 %6.65Prime Jumbo Loans (3)6,345 4,795 1.03 %7.68Re- and Non-Performing Loans (3)N/A691 — %2.92Total Non-Agency RMBS$144,184 $161,020 2.45 %4.70Legacy WMC CMBSSingle-Asset/Single-Borrower - Fixed Rate$48,498 $21,301 6.11 %1.71Single-Asset/Single-Borrower - Floating Rate19,421 6,526 9.16 %0.57Conduit - Fixed Rate15,043 12,856 4.20 %2.44Legacy WMC CMBS (4)$82,962 $40,683 6.47 %1.58Total Non-Agency RMBS and Legacy WMC CMBS$227,146 $201,703 3.19 %4.36Less: Investments in Debt and Equity of Affiliates$4,497 $11,305 0.54 %2.31Total GAAP Non-Agency RMBS and Legacy WMC CMBS $222,649 $190,398 4.19 %5.31

(1)Equity residual investments with a zero coupon rate are excluded from this calculation. 

(2)Weighted average life is based on projected life. Typically, actual maturities are shorter than stated contractual m