Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 221

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 221
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airment LossTotal Fair ValueAdjustmentRate lock commitments$55,585 $578 $— $578 Forward sale commitments293,732 — — — Loans held-for-sale, net (1)318,756 3,329 1,444 4,773 Total$3,907 $1,444 $5,351 ________________________(1)Loans held-for-sale, net are recorded at the lower of cost or market on an aggregate basis and includes fair value adjustments related to estimated cash flows from MSRs. We measure certain assets and liabilities for which fair value is only disclosed. The fair values of these assets and liabilities are determined using the following input levels at September 30, 2025 (in thousands):Fair Value Measurements Using Fair Value HierarchyCarrying ValueFair ValueLevel 1Level 2Level 3Financial assets: Loans and investments, net$11,430,418 $11,438,731 $— $— $11,438,731 Loans held-for-sale, net319,207 327,011 — 323,682 3,329 Capitalized mortgage servicing rights, net344,913 477,043 — — 477,043 Securities held-to-maturity, net155,969 155,310 — — 155,310 Financial liabilities:Credit and repurchase facilities$4,123,577 $4,082,708 $— $294,193 $3,788,515 Securitized debt4,168,152 4,186,482 — — 4,186,482 Senior unsecured notes1,728,238 1,689,794 1,689,794 — — Junior subordinated notes145,292 111,259 — — 111,259 Mortgage notes payable - real estate owned190,688 189,675 — — 189,675 

Note 14 — Commitments and Contingencies

Agency Business Commitments. We must make certain representations and warranties concerning each loan we originate for the GSE or HUD programs. The representations and warranties relate to our practices in the origination and servicing of the loans, the accuracy of the information being provided by us and the conformity of the loans to the terms and conditions required by the GSEs and HUD. In the event