MITT
NYSE · Real Estate · REIT - Mortgage · US
AG Mortgage Investment Trust, Inc. (NYSE:MITT) is a residential mortgage real estate investment trust (REIT) founded in 2011 and based in New York. The company operates as a specialty finance firm that invests in residential mortgage loans and related securities. MITT is managed by Angelo Gordon, a subsidiary of TPG Inc., which provides the company with access to extensive expertise in mortgage finance and a broad network of industry relationships. Since its inception, the company has evolved from a diversified mortgage REIT to focus primarily on non-agency residential mortgage credit, including non-qualifying mortgage loans, home equity loans, and agency-eligible residential mortgages. The company completed a significant strategic acquisition of WMC in late 2023, which increased its market capitalization by approximately 45% and expanded its operational capabilities.