AG MORTGAGE INVESTMENT TRUST

We are a pure play residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. We are externally managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (TPG Angelo Gordon), a diversified credit and real estate platform within TPG... Upon securitization, we contribute residential mortgage loans into a securitization trust which issues various classes of bonds backed by the cashflows from the underlying mortgage loans. We typically sell the senior classes of bonds to unrelated third parties and, as the sponsor of the securitization, we are generally required to retain at least 5% of the fair value of the bonds issued. In order to comply with the risk retention rules in each securitization transaction, we generally purchase the most subordinated classes of bonds and the excess cash flow bonds, which include the bonds exposed to the first loss of the..

Also known as: AG Mortgage Investment Trust, Inc.

Primary location: New York United States