Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 106

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 106
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 are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used and reflect the Company’s assumptions about the factors that market participants would use in pricing an asset or liability, and would be based on the best information available. In certain cases, inputs used to measure fair value fall into different levels of the fair value hierarchy. In such cases, the level at which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement.

18

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

The following tables present the Company’s financial instruments measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024 (in thousands). Fair Value at June 30, 2025 Level 1Level 2Level 3TotalAssets:    Securitized residential mortgage loans $— $— $6,648,988 $6,648,988 Residential mortgage loans — 1,443 326,011 327,454 Legacy WMC Commercial Loans— — 64,883 64,883 Non-Agency RMBS— 11,172 137,945 149,117 Legacy WMC CMBS— 56,205 — 56,205 Agency RMBS— 17,954 — 17,954 Loan purchase commitment (1)— — 470 470 Derivative assets (2)— 5,308 41 5,349 Cash equivalents (3)87,613 — — 87,613 AG Arc (4)— — 32,205 32,205 Total Assets Measured at Fair Value$87,613 $92,082 $7,210,543 $7,390,238 Liabilities:Securitized debt$— $— $(5,937,637)$(5,937,637)Loan purchase commitment (1)— — (46)(46)Derivative liabilities (2)— (1,567)(5)(1,572)Total Liabilities Measured at Fair Value$— $(1,567)$(5,937,688)$(5,939,255) Fair Value at December 31, 202