Headquartered in New York, NY Fiscal year ends December NYSE: MITT mitt.tpg.com
TPG Mortgage Investment Trust, Inc. (NYSE: MITT) is a residential mortgage REIT that invests in a diversified, risk-adjusted portfolio of U.S. residential mortgage-related assets. It is externally managed by AG REIT Management, LLC, an affiliate of TPG Inc.
The company operates as a programmatic aggregator and issuer of Non-Agency residential loan securitizations, mainly through its GCAT shelf and partnerships with mortgage originators. It acquires loans and retains bonds and economic interests from its securitizations.
The roughly $7.6 billion investment portfolio includes:
- Securitized Non-QM and Agency-Eligible loans
- Securitized and whole home equity loans
- Re- and non-performing loans
- Non-Agency RMBS
- Agency interest-only RMBS
- Legacy WMC commercial loans and CMBS, which it is winding down
The portfolio is financed mostly through term, non-mark-to-market securitized debt.
MITT owns a 66.0% interest in AG Arc LLC, which invests in Arc Home, a licensed mortgage originator that supplies Non-Agency, conventional and home equity loans. In August 2026 MITT agreed to acquire Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) in a stock-and-cash merger. Updated
Not all mortgage REITs offering double-digit yields are running the same play, and confusing one for another right now carries real consequences for income investors.
TPG Mortgage Investment Trust, Inc. (NYSE: MITT) is a residential mortgage REIT that invests in a diversified, risk-adjusted portfolio of U.S. residential mortgage-related assets. It is externally managed by AG REIT Management, LLC, an affiliate of TPG Inc.
The Wall Street consensus 12-month price target for MITT is $8.58.
