Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 256

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 256
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uritized Debt$7,608,330 $7,428,111 5.39 %5.38N/A$5,491,967 Senior Unsecured Notes (10)February 2029 Senior Unsecured Notes$34,500 $33,249 Feb 202910.79 %3.43N/A$33,028 May 2029 Senior Unsecured Notes65,000 63,018 May 202910.52 %3.68N/A62,693 Total Senior Unsecured Notes$99,500 $96,267 10.61 %3.59N/A$95,721 Total Financing$8,546,075 $8,362,623 5.48 %5.02$1,274,098 $6,329,796 (1)The Company also had $4.4 million and $10.6 million of cash pledged under repurchase agreements as of September 30, 2025 and December 31, 2024, respectively.(2)Under the terms of the Company’s financing agreements, the Company's financing counterparties may, in certain cases, sell or re-hypothecate the pledged collateral.(3)Financing arrangements are recorded at amortized cost on the Company's consolidated balance sheets. The fair value of the Company's financing arrangements approximates the carrying value due to their floating interest rates and short-term maturities of generally one year or less. Financing arrangements are classified as Level 2 of the fair value hierarchy.(4)Amounts pledged as collateral under Securitized residential mortgage loans include certain of the Company's retained interests in securitizations. Refer to Note 3 for more information on the Non-Agency VIEs, Home Equity VIEs, and RPL/NPL VIEs.(5)The Company's Residential mortgage loan financing arrangements include a maximum borrowing capacity of $1.6 billion on facilities used to finance Agency-Eligible, Home Equity and Non-Agency Loans of which $50 million is contractually committed.(6)The collateral fair value pledged includes $54.0 million of Home Equity Loans, with an unpaid principal balance of $50.9 million, in which the Company has no outstanding financing but has the ability to borrow from up to $50 million of available committed financing at an advance rate of 87.5%  of unpaid principal balance pledged