Company: ADAMM
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001273685-25-000072
Chunk: 238

Company: ADAMAS TRUST, INC.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 238
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8 %34.5 %801 and over7.7 %7.7 %Total100.0 %100.0 %

Current CouponJune 30, 2025December 31, 20243.00% or less5.5 %5.4 %3.01% - 4.00%11.5 %11.6 %4.01% - 5.00%14.0 %14.2 %5.01% - 6.00%5.9 %5.9 %6.01% - 7.00%8.5 %7.6 %7.01% - 8.00%15.5 %11.5 %8.01% and over39.1 %43.8 %Total100.0 %100.0 %

Delinquency StatusJune 30, 2025December 31, 2024Current92.4 %91.2 %31 – 60 days1.3 %1.6 %61 – 90 days0.4 %1.1 %90+ days5.9 %6.1 %Total100.0 %100.0 %

117

Origination YearJune 30, 2025December 31, 20242007 or earlier13.7 %13.8 %2008 - 20198.1 %8.3 %2020 - 202224.6 %27.1 %20235.5 %8.2 %202434.8 %42.6 %202513.3 %— Total100.0 %100.0 %

The Company purchased approximately $78.0 million and $228.7 million of residential loans from Constructive during the three and six months ended June 30, 2025, respectively, and approximately $66.6 million and $107.4 million of residential loans from Constructive during the three and six months ended June 30, 2024, respectively. The Company sold approximately $18.1 million of residential loans to Constructive during the three and six months ended June 30, 2025, recognizing a realized gain of approximately $0.2 million.

Consolidated SLST

The Company owns first loss subordinated securities