TPG MORTGAGE INVESTMENT TRUST INC (MITT)
Financials · Residential Mortgage REIT · NYSE
A residential mortgage REIT investing in non-agency residential mortgage loans and securities, with exposure to loan origination through its ownership of Arc Home mortgage originator.
What TPG MORTGAGE INVESTMENT TRUST INC does
TPG Mortgage Investment Trust, Inc. (MITT) is a residential mortgage REIT focused on acquiring, securitizing, and investing in a diversified portfolio of residential mortgage-related assets in the non-agency U.S. mortgage market. The company originates and securitizes residential mortgage loans through its ~66% ownership stake in Arc Home, LLC, a multi-channel mortgage originator and servicer, while also investing in non-agency RMBS, agency-eligible loans, home equity loans, and other mortgage-related assets. MITT finances its loans through short-term financing lines and utilizes TPG's securitization platform for long-term, non-recourse financing. The company derives income primarily from net interest spreads, fair value changes in its investment portfolio, and income from its Arc Home investment.
Themes: ["Non-agency residential mortgages","RMBS / mortgage-backed securities","Mortgage origination / loan servicing","Residential REIT","Mortgage securitization"]
Fundamentals
- Price$7.77 as of 2026-07-09 close
- Market cap$246M as of 2026-07-10
- 1-year return+1.0% as of 2026-07-09 close
- P/E7.33 as of 2026-07-10
- Net margin+6.7% as of 2026-07-10
- Gross margin+11.8% as of 2026-07-10
- ROE+6.1% as of 2026-07-10
- Debt / equity14.14 as of 2026-07-10
- Revenue growth (YoY)+18.7% as of 2026-07-10
- Beta1.71 as of 2026-07-10
Dividend: yield +11.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate risk: Changes in interest rates affect both the fair value of the mortgage portfolio and the cost of financing; rising rates reduce RMBS valuations and spread compression impacts net interest income","Credit risk: Non-performing or re-performing loans in the portfolio could result in losses; concentration in non-agency mortgages exposes the company to borrower default risk without GSE guarantees","Liquidity and financing risk: Reliance on securitization market access and short-term financing lines; market disruptions could limit the company's ability to finance its portfolio or refinance maturing obligations"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.