Repurchase Agreements |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Repurchase Agreements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Repurchase Agreements |
Note 11 — Repurchase Agreements
The Company had outstanding approximately $1,137.2
million and $1,077.3 million of borrowings under its repurchase agreements as of December 31, 2025 and December 31, 2024, respectively. The Company’s obligations under these agreements had weighted average remaining maturities of 16 days and 18 days as of December
31, 2025 and December 31, 2024, respectively. RMBS and cash have been pledged as collateral under these repurchase agreements (see Note 4).
The repurchase agreements had the following remaining maturities and weighted average rates as of the dates indicated (dollars in thousands):
Repurchase Agreements Characteristics
As of December 31, 2025
As of December 31, 2024
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