Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 184

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 184
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 MSR activity is as follows (in thousands):Three Months Ended June 30, 2025Six Months Ended June 30, 2025OriginatedAcquiredTotalOriginatedAcquiredTotalBeginning balance$353,005 $4,215 $357,220 $363,861 $4,817 $368,678 Additions10,931 — 10,931 20,337 — 20,337 Amortization(17,264)(503)(17,767)(34,459)(1,066)(35,525)Write-downs and payoffs(2,042)(16)(2,058)(5,109)(55)(5,164)Ending balance$344,630 $3,696 $348,326 $344,630 $3,696 $348,326 Three Months Ended June 30, 2024Six Months Ended June 30, 2024Beginning balance$377,747 $7,773 $385,520 $382,582 $8,672 $391,254 Additions14,717 — 14,717 27,401 — 27,401 Amortization(16,151)(736)(16,887)(31,972)(1,546)(33,518)Write-downs and payoffs(2,154)(477)(2,631)(3,852)(566)(4,418)Ending balance$374,159 $6,560 $380,719 $374,159 $6,560 $380,719 We collected prepayment fees totaling $0.9 million and $1.9 million during the three and six months ended June 30, 2025, respectively, and $0.4 million and $0.8 million during the three and six months ended June 30, 2024, respectively, which are included as a component of servicing revenue, net on the consolidated statements of income. At June 30, 2025 and December 31, 2024, no MSRs were considered impaired.The expected amortization of capitalized MSRs recorded at June 30, 2025 is as follows (in thousands):YearAmortization2025 (six months ending 12/31/2025)$35,164 202666,172 202761,719 202854,745 202945,764 Thereafter84,762