Company: ADAMM
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001273685-25-000088
Chunk: 171

Company: ADAMAS TRUST, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 171
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601 to 6504.5 %5.3 %651 to 70013.8 %14.6 %701 to 75030.4 %27.5 %751 to 80035.6 %34.5 %801 and over8.2 %7.7 %Total100.0 %100.0 %

Current CouponSeptember 30, 2025December 31, 20243.00% or less4.8 %5.4 %3.01% - 4.00%9.8 %11.6 %4.01% - 5.00%12.0 %14.2 %5.01% - 6.00%5.0 %5.9 %6.01% - 7.00%10.3 %7.6 %7.01% - 8.00%20.2 %11.5 %8.01% and over37.9 %43.8 %Total100.0 %100.0 %

Delinquency StatusSeptember 30, 2025December 31, 2024Current94.7 %91.2 %31 – 60 days0.9 %1.6 %61 – 90 days0.6 %1.1 %90+ days3.8 %6.1 %Total100.0 %100.0 %

130

Origination YearSeptember 30, 2025December 31, 20242007 or earlier10.2 %13.8 %2008 - 20197.0 %8.3 %2020 - 202221.6 %27.1 %20234.1 %8.2 %202428.4 %42.6 %202528.7 %— Total100.0 %100.0 %

On July 15, 2025, the Company acquired the outstanding membership interests in Constructive that were not previously owned by the Company (see Note 24). Prior to July 15, 2025, the Company purchased approximately $70.9 million and $299.6 million of residential loans from Constructive during the three and nine months ended September 30, 2025, respectively, and approximately $30.