Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 141

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 141
---
41 %— — SFR - Fixed Rate271,859 522.84.4100 %— 5.47 %9.02 %1.66 %Total$33,470,357 4,1253.76.995 %5 %4.60 %2.61 %1.57 %________________________

(1)Prepayments reflect loans repaid prior to six months from the loan maturity. The majority of our loan servicing portfolio has a prepayment protection term and therefore, we may collect a prepayment fee which is included as a component of servicing revenue, net. See Note 5 for details.

(2)Delinquent loans reflect loans that are contractually 60 days or more past due. At June 30, 2025 and December 31, 2024, delinquent loans totaled $735.0 million and $524.5 million, respectively. At June 30, 2025, there was one loan totaling $24.4 million in bankruptcy and eighteen loans totaling $95.3 million have been foreclosed. At December 31, 2024, there were two loans totaling $4.8 million in bankruptcy and six loans totaling $28.2 million were foreclosed.

Our Agency Business servicing portfolio represents commercial real estate loans, which are generally transferred or sold within 60 days from the date the loan is funded. Primarily all loans in our servicing portfolio are collateralized by multifamily properties. In addition, we are generally required to share in the risk of any losses associated with loans sold under the Fannie Mae DUS program, see Note 11.

58

Comparison of Results of Operations for the Three Months Ended June 30, 2025 and 2024

The following table provides our consolidated operating results ($ in thousands):

Three Months Ended June 30, Increase / (Decrease) 2025 2024Amount Percent Interest income$240,303 $297,188 $(56,885)(19)%Interest expense171,578 209,227 (37,649)(18)%Net interest income68,725 87,961 (19,236)(22)%Other revenue:   Gain on sales, including fee-based services, net13,658 17,448 (3,790)(22)%Mortgage servicing rights10,930 14,534 (3,604)(25)%Servicing revenue, net