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TPG Mortgage Investment Trust, Inc., formerly AG Mortgage Investment Trust, Inc., is a residential mortgage real estate investment trust (REIT) with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the United States mortgage market. The Company focuses its investment activities primarily on acquiring and securitizing newly originated residential mortgage loans within the non-agency segment of the housing market. The Company obtains its assets through Arc Home, LLC, its residential mortgage loan originator, and through other third-party origination partners. Its investment portfolio (which excludes its ownership in Arc Home) includes residential investments and agency residential mortgage-backed securities (RMBS). Its residential investments primarily consist of newly originated non-agency loans, agency-eligible loans and home equity loans. The Company is externally managed and advised by AG REIT Management, LLC.
Find out what a historical investment in TPG Mortgage Investment Trust Inc would be worth today using our MITT stock calculator.
Market Capitalisation
$236.62M
Price-earnings ratio
-
Dividend yield
11.77%
Volume
172.55K
High today
$7.58
Low today
$7.40
Open price
$7.45
52-week high
$9.27
52-week low
$6.81
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