Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 97

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 97
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ization trusts. 

14

AG Mortgage Investment Trust Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)June 30, 2025

The following table details certain information related to the assets and liabilities of the Non-Agency VIEs as of June 30, 2025 and December 31, 2024 ($ in thousands).June 30, 2025December 31, 2024Carrying ValueWeighted AverageCarrying ValueWeighted AverageYield (1)Life (Years) (2)Yield (1)Life (Years) (2)AssetsSecuritized residential mortgage loans, at fair value (3)$6,510,682 5.70 %7.86$6,044,597 5.68 %8.12Other assets36,655 30,922 Total Assets$6,547,337 $6,075,519 LiabilitiesSecuritized debt, at fair value (3) (4)$5,839,789 5.26 %6.01$5,391,413 5.17 %6.05Other liabilities24,492 22,185 Total Liabilities$5,864,281 $5,413,598 Total Equity (5)$683,056 $661,921 (1)The weighted average yields are calculated based on the amortized cost of the underlying loans or securities. (2)This is based on projected life. Typically, actual maturities are shorter than stated contractual maturities. Maturities are affected by the contractual lives of the underlying mortgages, periodic payments of principal, and prepayments of principal.(3)Securitized residential mortgage loans in Non-Agency VIEs include loans that were considered to be Agency-Eligible prior to the Company's securitization.(4)The holders of the securitized debt have no recourse to the general credit of the Company. The Company has no obligation to provide any other explicit or implicit support to the Non-Agency VIEs.(5)As of June 30, 2025 and December 31, 2024, the Company had outstanding financing arrangements of $395.7 million and $370.9 million, respectively, collateralized by $675.6 million and $654.3 million of the Company's retained interests in the Non-Agency VIEs, respectively. See Note