Company: MITN
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001514281-25-000026
Chunk: 142

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 7
Chunk 142
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ization. As of December 31, 2024, there were four securitizations with an unpaid principal balance of $561.9 million that met the criteria for an Optional Redemption.

Securitized residential mortgage loans and Residential mortgage loans

The following table presents information regarding collateral characteristics of our residential mortgage loans as of December 31, 2024 ($ in thousands).

Unpaid Principal BalanceWeighted Average (1)(2)Loan Count (1)Original LTV Ratio (3)Current FICO (4)CouponLife (Years) (5)Securitized residential mortgage loansNon-Agency Loans$6,382,814 16,08769.62 %7655.59 %8.12Re- and Non-Performing Loans182,501 1,25979.97 %6603.43 %5.53Total Securitized residential mortgage loans$6,565,315 17,346 69.91 %7625.53 %8.05Residential mortgage loansAgency-Eligible Loans$101,570 21472.29 %7496.89 %4.95Home Equity Loans99,863 1,29263.46 %75010.35 %4.30Non-Agency Loans13,098 2466.86 %6427.54 %3.76Re- and Non-Performing Loans (1)2,016 N/AN/AN/AN/A1.37Total Residential mortgage loans$216,547 1,530 67.85 %7388.54 %4.54Total as of December 31, 2024$6,781,862 18,876 69.85 %7615.62 %7.93

(1)Loan count and weighted average excludes the Re- and Non-Performing Loans subcategory of Residential mortgage loans above as there may be limited data available regarding the underlying collateral of these residual positions. 

(2)Amounts are weighted based on unpaid principal balance. 

(3)Represents the original LTV or, for Re- and Non-Performing Loans and Non-Agency Loans acquired from WMC, the LTV at acquisition. For Home Equity Loans, represents the combined LTV, which considers the loan balances on a borrower’s first mortgage and related Home Equity Loan. 

(4)Weighted average current FICO excludes borrowers where FICO scores were