Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 91

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 91
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-03, "Income Statement - Reporting Comprehensive Income Expense Disaggregation Disclosures (Subtopic 220- 40)", and in January 2025, the FASB issued ASU 2025-01, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date". This standard requires public companies to disclose additional information about specific expense categories in the notes to financial statements at interim and annual reporting periods. The new standard, as clarified by ASU 2025-01, is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the potential impact upon adoption, but does not expect the adoption of the new standard to have a material effect on its consolidated financial statements. 

11

AG Mortgage Investment Trust Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)September 30, 2025

3. Loans

 Residential mortgage loansThe tables below detail information regarding the Company’s residential mortgage loan portfolio by collateral type as of September 30, 2025 and December 31, 2024 ($ in thousands). The gross unrealized gains/(losses) in the table below represent inception to date gains/(losses) since acquisition.  Unpaid Principal Balance  Gross Unrealized Weighted AverageSeptember 30, 2025Premium(Discount)Amortized CostGainsLossesFair ValueCouponYield (1)Life (Years) (2)Securitized residential mortgage loans, at fair value (3)Non-Agency Loans (4) $7,298,543 $52,275 $7,350,818 $77,557 $(285,689)$7,142,686 5.86 %5.76 %7.44Home Equity Loans921,111 64,181 985,292 22,619 — 1,007,911 9.81 %7.73 %5.01Re- and Non-Performing Loans160,916 (9,529)151,387 — (13,001)138,386 4.25 %5.97 %5.53Total Securitized residential mortgage loans, at fair value$8,380,570