Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 57

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 57
---
)(89)(1,787)Ending balance$377,747 $7,773 $385,520 We collected prepayment fees totaling $1.0 million and $0.4 million during the three months ended March 31, 2025 and 2024, respectively, which are included as a component of servicing revenue, net on the consolidated statements of income. At March 31, 2025 and December 31, 2024, no MSRs were considered impaired.

17

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

The expected amortization of capitalized MSRs recorded at March 31, 2025 is as follows (in thousands):YearAmortization2025 (nine months ending 12/31/2025)$52,124 202664,715 202760,264 202853,258 202944,145 Thereafter82,714 Total$357,220 Based on scheduled maturities, actual amortization may vary from these estimates.

Note 6 — Mortgage Servicing

Product and geographic concentrations that impact our servicing revenue are as follows ($ in thousands):March 31, 2025Product ConcentrationsGeographic ConcentrationsProduct UPB (1)% of Total StateUPB % of TotalFannie Mae$22,683,885 68 %New York11 %Freddie Mac6,123,074 18 %Texas11 %Private Label2,603,122 8 %North Carolina8 %FHA1,519,675 4 %California7 %Bridge (2)278,293 1 %Georgia6 %SFR - Fixed Rate276,839 1 %Florida6 %Total$33,484,888 100 %New Jersey5 %Other (3)46 %Total100 %December 31, 2024Fannie Mae$22,730,056 67 %Texas11 %Freddie Mac6,077,020 18 %New York11 %Private Label2,605,980 8 %California8 %FHA1,506,948 5 %North Carolina7 %Bridge (2)278,494 1 %Georgia6 %SFR - Fixed Rate271,859 1 %Florida6 %Total$