Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 165

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 165
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 the last possible extension option. Refer to Note 14 for additional details regarding Loan A, Loan B, and Loan C.(7)Represents the LTV at acquisition. The total LTV on commercial loans is presented based on fair value.(8)Loans A, B, and C have a floating rate coupon equal to 4.20% plus one-month SOFR and are collateralized by hotels. 

(9)Loan D has a floating rate coupon equal to 3.38% plus one-month SOFR and is collateralized by a retail property. 

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AG Mortgage Investment Trust Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)March 31, 2025

4. Real Estate Securities

 The following tables detail the Company’s real estate securities portfolio as of March 31, 2025 and December 31, 2024 ($ in thousands). The Company’s real estate securities include its interest in VIEs in which the Company has concluded that it is not the primary beneficiary and, as a result, did not consolidate the VIEs. The gross unrealized gains/(losses) in the tables below represent inception to date unrealized gains/(losses) since acquisition.  Current Face Premium /(Discount)Amortized CostGross UnrealizedFair Value (1)Weighted AverageMarch 31, 2025GainsLossesCoupon (2)Yield (3)Life (Years) (4)Non-Agency RMBSGCAT Non-Agency RMBS (5)GCAT Non-Agency Securities$43,794 $(1,792)$42,002 $— $(3,747)$38,255 4.99 %6.09 %6.12GCAT Non-Agency RMBS Interest Only (6)N/AN/A2,217 1,070 — 3,287 0.57 %31.32 %2.98Total GCAT Non-Agency RMBS43,794(1,792)44,219 1,070 (3,747)41,542 2.85 %7.35 %4.07Non-Agency Securities (7)102,131 (6,412)95,719 3,369 (413)98,675 5.90 %7.59 %8.73Non-Agency RMBS Interest Only (6)(7)N