Repurchase Agreements |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Repurchase Agreements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Repurchase Agreements |
Note 10 — Repurchase Agreements
The Company had outstanding approximately $1,008.7
million and $1,137.2 million of borrowings under its repurchase agreements as of June 30, 2026 and December 31, 2025, respectively.
The Company’s obligations under these agreements had weighted average remaining maturities of 20 days and 16 days as of June 30, 2026 and December 31, 2025, 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 June 30, 2026
As of
December 31, 2025
There were no overnight or demand securities as of June
30, 2026 or December 31, 2025.
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