Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 188

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 188
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Rs derived primarily from loans sold in our Agency Business or acquired MSRs. The discount rates used to determine the present value of all our MSRs throughout the periods presented were between 8% - 14% (representing a weighted average discount rate of 12%) based on our best estimate of market discount rates. The weighted average estimated life remaining of our MSRs was 6.3 years and 6.9 years at September 30, 2025 and December 31, 2024, respectively.A summary of our capitalized MSR activity is as follows (in thousands):Three Months Ended September 30, 2025Nine Months Ended September 30, 2025OriginatedAcquiredTotalOriginatedAcquiredTotalBeginning balance$344,630 $3,696 $348,326 $363,861 $4,817 $368,678 Additions15,493 — 15,493 35,830 — 35,830 Amortization(17,369)(450)(17,819)(51,828)(1,516)(53,344)Write-downs and payoffs(1,067)(20)(1,087)(6,176)(75)(6,251)Ending balance$341,687 $3,226 $344,913 $341,687 $3,226 $344,913 Three Months Ended September 30, 2024Nine Months Ended September 30, 2024Beginning balance$374,159 $6,560 $380,719 $382,582 $8,672 $391,254 Additions14,476 — 14,476 41,877 — 41,877 Amortization(16,621)(678)(17,299)(48,593)(2,224)(50,817)Write-downs and payoffs(1,469)(24)(1,493)(5,321)(590)(5,911)Ending balance$370,545 $5,858 $376,403 $370,545 $5,858 $376,403 We collected prepayment fees totaling $0.5 million and $2.4 million during the three and nine months ended September 30, 2025, respectively, and $0.4 million and $1.2 million during the three and nine months ended September 30, 2024, respectively, which are included