Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 138

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 138
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 (in thousands).Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024Residential mortgage loans sold by Arc Home to the Company$— $133,591 $60,957 $213,382     In connection with the sale of loans from Arc Home to the Company, the Company eliminates any intra-entity profits or losses typically recognized through the "Equity in earnings/(loss) from affiliates" line item on the Company's consolidated statement of operations and adjusts the cost basis of the underlying loans resulting in unrealized gains or losses on the underlying loans. The table below summarizes intra-entity profits eliminated during the three and six months ended June 30, 2025 and 2024 (in thousands).Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024Intra-Entity Profits Eliminated$— $405 $88 $606 The Company enters into forward purchase commitments with Arc Home whereby the Company commits to purchase residential mortgage loans from Arc Home at a particular price on a best-efforts basis. Actual loan purchases are contingent upon successful loan closings. These commitments to purchase mortgage loans are classified as derivatives. From time to time, 

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

the Company may determine that certain loans it has previously committed to purchase will be sold to third parties and, as a result, the derivative will be settled on a net basis with Arc Home. See Note 7 and Note 12, if applicable, for more detail.Transactions under the Company's Affiliated Transaction PolicyThe below table details transactions where the Company purchased or sold assets from or to an affiliate of the Manager ($ in millions). The transactions were executed in accordance with the Company's Affiliated Transaction Policy. Refer to the "Transactions with Arc Home" section above for additional information related to transactions with Arc Home, which are excluded from the table below. DateTransactionFair Value (1)Pricing MethodologyJune 2025Purchase of Re/Non-Performing Securities (2)$0.1 Third party pricing vendors (3)(1)As of the transaction date. (2)The Company purchased an additional interest in certain re/non-performing securities which are recorded within the