Profile: AG Mortgage Investment Trust Inc (MITT.K)
22 May 2015
AG Mortgage Investment Trust, Inc., incorporated on March 1, 2011, is a real estate investment trust (REIT) focused on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which it refers to as its target assets. . The Company has invested in residential mortgage-backed securities (RMBS), for which a United States government agency, such as the Government National Mortgage Association (Ginnie Mae), or a federally-chartered corporation, such as the Federal National Mortgage Association (Fannie Mae), or the Federal Home Loan Mortgage Corporation (Freddie Mac), guarantees payments of principal and interest on the securities. The Company’s investment manager and advisor is AG REIT Management, LLC.
The Company’s Agency RMBS investments include mortgage pass-through securities and may include collateralized mortgage obligations (CMOs). Its non-Agency RMBS investments may include fixed-and floating-rate securities, including investment grade and non-investment grade. The Company has invested in other target assets, including asset backed securities (ABS) and commercial mortgage-backed securities (CMBS), which together with Agency RMBS and Non-Agency RMBS collectively refer to as real estate securities. The Company has also invested in commercial mortgage loans and indirect interests in real estate. The Company’s credit portfolio includes Non-Agency RMBS, ABS, CMBS and its loans include residential and commercial mortgage loans.
AG Mortgage Investment Trust Inc
245 Park Ave Fl 26
NEW YORK NY 10167-0002