Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 232

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 232
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itized residential mortgage loans and residential mortgage loans that were 90+ days delinquent with a fair value of $42.6 million and loans in the process of foreclosure with a fair value of $53.1 million. As of December 31, 2024, the $116.6 million of unpaid principal balance included securitized residential mortgage loans and residential mortgage loans that were 90+ days delinquent with a fair value of $51.9 million and loans in the process of foreclosure with a fair value of $57.9 million.As of September 30, 2025 and December 31, 2024, 6.5% and 9.6%, respectively, of the unpaid principal balance of the Company's securitized residential mortgage loans and residential mortgage loans were adjustable rate mortgages.  During the three and nine months ended September 30, 2025 and 2024, the Company purchased residential mortgage loans, as detailed below (in thousands).Three Months EndedNine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Unpaid Principal BalanceFair Value (1)Unpaid Principal BalanceFair Value (1)Unpaid Principal BalanceFair Value (1)Unpaid Principal BalanceFair Value (1)Agency-Eligible Loans$861,631 $888,611 $380,542 $388,733 $1,554,544 $1,595,966 $1,054,749 $1,073,436 Home Equity Loans768,692 830,877 131,533 136,206 991,487 1,063,466 131,533 136,206 Non-Agency Loans— — — — — — 23,506 23,796 Total$1,630,323 $1,719,488 $512,075 $524,939 $2,546,031 $2,659,432 $1,209,788 $1,233,438 (1)Fair value represents purchase price at acquisition. 

13

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

During the three and nine months ended September 30, 2025 and 2024, the Company sold residential