Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 215

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 215
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 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 June 30, 2025 (in thousands):Fair Value Measurements Using Fair Value HierarchyCarrying ValueFair ValueLevel 1Level 2Level 3Financial assets: Loans and investments, net$11,333,023 $11,381,419 $— $— $11,381,419 Loans held-for-sale, net361,447 369,542 — 366,062 3,480 Capitalized mortgage servicing rights, net348,326 484,774 — — 484,774 Securities held-to-maturity, net156,920 152,805 — — 152,805 Financial liabilities:Credit and repurchase facilities$4,721,622 $4,711,663 $— $329,484 $4,382,179 Securitized debt3,510,865 3,520,999 — — 3,520,999 Senior unsecured notes1,238,174 1,177,250 1,177,250 — — Convertible senior unsecured notes287,258 286,925 — 286,925 — Junior subordinated notes145,085 110,541 — — 110,541 Mortgage notes payable - real estate owned184,618 183,686 — — 183,686 

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 and HUD. In the event of a breach of any representation or warranty, the GSEs or HUD could require us to repurchase a loan, even if the loan is not in default. Our obligation to repurchase the loan is independent of our risk-sharing obligations. Our Agency