Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 74

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 74
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278,494 1 %Georgia6 %SFR - Fixed Rate271,859 1 %Florida6 %Total$33,470,357 100 %New Jersey5 %Other (3)46 %Total100 %________________________(1)Excludes loans which we are not collecting a servicing fee.(2)Represents four bridge loans sold by our Structured Business that we are servicing.(3)No other individual state represented 4% or more of the total.At June 30, 2025 and December 31, 2024, our weighted average servicing fee was 37.4 basis points and 37.8 basis points, respectively. At June 30, 2025 and December 31, 2024, we held total escrow balances (including unfunded collateralized loan obligation holdbacks) of approximately $1.41 billion and $1.45 billion, respectively, of which approximately $1.40 billion and $1.41 billion, respectively, is not included in our consolidated balance sheets. These escrows are maintained in separate accounts at several federally insured depository institutions, which may exceed FDIC insured limits. We earn interest income on the total escrow deposits, which is generally based on a market rate of interest negotiated with the financial institutions that hold the escrow deposits. Interest earned on total escrows, net of interest paid to the borrower, is included as a component of servicing revenue, net in the consolidated statements of income as noted in the following table.The components of servicing revenue, net are as follows (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Servicing fees$32,887 $31,149 $65,430 $62,930 Interest earned on escrows13,512 17,896 26,402 35,650 Prepayment fees863 383 1,897 792 Write-offs and payoffs of MSRs(2,058)(2,631)(5,164)(4,418)Amortization of MSRs(17,767)(16,887)(35,525)(33,518)Servicing revenue, net$27,437 $29,910 $53,040 $61,436 

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Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited