Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 181

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 181
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 weighted average life of our Non-Agency RMBS and Legacy WMC CMBS portfolios as of June 30, 2025 ($ in thousands).

Weighted AverageInstrumentCurrent FaceFair ValueCoupon (1)Life (Years) (2)Non-Agency RMBS by collateral type:Non-QM Loans (3)$53,458 $58,024 1.65 %3.01Agency-Eligible Loans (3)48,124 47,494 3.49 %6.91Home Equity Loans (3)39,194 50,759 5.91 %6.08Prime Jumbo Loans (3)6,437 4,752 1.01 %7.81Re- and Non-Performing Loans (3)N/A711 — %2.93Total Non-Agency RMBS$147,213 $161,740 2.48 %4.65Legacy WMC CMBSSingle-Asset/Single-Borrower - Fixed Rate$48,499 $22,290 6.11 %1.82Single-Asset/Single-Borrower - Floating Rate34,420 21,367 10.17 %0.47Conduit - Fixed Rate15,044 12,548 4.20 %3.52Legacy WMC CMBS (4)$97,963 $56,205 7.24 %1.61Total Non-Agency RMBS and Legacy WMC CMBS$245,176 $217,945 3.46 %4.29Less: Investments in Debt and Equity of Affiliates$4,497 $12,623 0.76 %2.53Total GAAP Non-Agency RMBS and Legacy WMC CMBS $240,679 $205,322 4.45 %5.08

(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 maturities.

(3)Interest Only securities have no principal balances and bear interest based on a notional value. The notional value is used solely to determine interest distributions on the interest only classes of securities. The notional value of interest only classes included in the Non-QM Loans, Agency-Eligible Loans, Home Equity Loans, Prime J