secwatch.observer — SEC 8-K summary
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Issuer:     TPG Mortgage Investment Trust, Inc. (MITT)
CIK:        0001514281
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001514281-21-000107
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MITT Q2 2021: book value $15.19; core EPS $0.00; Non-QM loans rise to 37%
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- Net income $0.70 per diluted share vs $2.74 in Q1; Core earnings $0.00 per share vs $0.25.
- Book value $15.19, adjusted book value $14.72, up ~3% from Q1; economic return 4.6%.
- Purchased $446M Non-QM loans; Non-QM portfolio increased to 37% of total from 19%.
- Arc Home pre-tax net loss $3.7M; Non-QM originations grew to $376M from $188M QoQ.
- Common dividend $0.21 per share; completed 1-for-3 reverse stock split July 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514281/000151428121000107/0001514281-21-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514281/000151428121000107/mitt-20210730.htm
  HTML page:      https://secwatch.observer/filing/0001514281-21-000107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer