Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 83

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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315,700 3,554 581 4,135 Total$3,863 $581 $4,444 ________________________(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. 

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

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 March 31, 2025 (in thousands):Fair Value Measurements Using Fair Value HierarchyCarrying ValueFair ValueLevel 1Level 2Level 3Financial assets: Loans and investments, net$11,215,625 $11,248,443 $— $— $11,248,443 Loans held-for-sale, net314,635 324,521 — 320,967 3,554 Capitalized mortgage servicing rights, net357,220 492,930 — — 492,930 Securities held-to-maturity, net158,658 149,283 — — 149,283 Financial liabilities:Credit and repurchase facilities$4,780,753 $4,796,367 $— $279,404 $4,516,963 Securitized debt3,286,395 3,285,150 — — 3,285,150 Senior unsecured notes1,237,160 1,136,669 1,136,669 — — Convertible senior unsecured notes286,555 287,213 — 287,213 — Junior subordinated notes144,890 109,821 — — 109,821 Mortgage notes payable - real estate owned123,851 122,975 — — 122,975 

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