Company: MITN
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001514281-25-000026
Chunk: 180

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 180
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 (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.  

We conducted our audit of these consolidated financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud.

Our audit included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audit provides a reasonable basis for our opinion. 

/s/ PricewaterhouseCoopers LLP 

New York, New York

March 11, 2024

We served as the Company's auditor from 2011 to 2023.

86

AG Mortgage Investment Trust, Inc. and Subsidiaries

Consolidated Balance Sheets

(in thousands, except per share data)

 December 31, 2024December 31, 2023Assets  Securitized residential mortgage loans, at fair value - $705,294 and $645,876 pledged as collateral, respectively (1)$6,197,678 $5,358,281 Residential mortgage loans, at fair value - $215,773 and $315,225 pledged as collateral, respectively220,217 317,631 Commercial loans, at fair value - $67,005 and $66,303 pledged as collateral, respectively67,005 66,303 Real estate securities, at fair value - $165,393 and $155,115 pledged as collateral, respectively201,360 162,821 Investments in debt and equity of affiliates46,841 55,103 Cash and cash equivalents118,662 111,534 Restricted cash19,906 14,039 Other assets41,940 40,716 Total Assets$6,913,609 $6,126,428 Liabilities  Securitized debt, at fair value (1)$5,491,967 $4,711,623 Fin