Company: ADAMM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001273685-25-000047
Chunk: 202

Company: ADAMAS TRUST, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 2
Chunk 202
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.7 %>60% - 70%21.5 %21.7 %>70% - 80%39.4 %38.0 %>80% - 90%11.8 %12.7 %>90% - 100%4.6 %4.7 %>100%4.0 %4.2 %Total100.0 %100.0 %

(1)For second mortgages, the Company calculates the combined LTV. For business purpose bridge loans, the Company calculates LTV as the ratio of the maximum unpaid principal balance of the loan, including unfunded commitments, to the estimated “after repaired” value of the collateral securing the related loan.

FICO Scores at PurchaseMarch 31, 2025December 31, 2024550 or less5.4 %5.6 %551 to 6004.7 %4.8 %601 to 6505.3 %5.3 %651 to 70014.4 %14.6 %701 to 75028.3 %27.5 %751 to 80034.3 %34.5 %801 and over7.6 %7.7 %Total100.0 %100.0 %

Current CouponMarch 31, 2025December 31, 20243.00% or less5.2 %5.4 %3.01% - 4.00%11.3 %11.6 %4.01% - 5.00%13.7 %14.2 %5.01% - 6.00%5.8 %5.9 %6.01% - 7.00%8.5 %7.6 %7.01% - 8.00%14.2 %11.5 %8.01% and over41.3 %43.8 %Total100.0 %100.0 %

Delinquency StatusMarch 31, 2025December 31, 2024Current91.3 %91.2 %31 – 60 days1.8 %1.6 %61 – 90 days0.6 %1.1 %90+ days6.3 %6.1 %