Residential Portfolio $ millions - Recorded **$3M** net unrealized fair value increase: - Loans: **$12M** decrease - RMBS: **$2M** decrease - Interest Rate Hedges: **$17M** increase to FMV of **$4M** - Redeemed a consolidated RMBS trust: - Transferred **$230M** of loans previously securitized to loans held-for-investment - Redeemed **$82M** of our retained RMBS and **$151M** held by third parties - Repayments of **$53M** on loans and **$8M** on RMBS
Asset Carrying ValuesJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025
Loans, held for sale$ 2,155$ 2,218$ 2,278$ 2,308$ 2,323
Loans, held for investment228————
Post-securitization retained RMBS313400405409414
Residential Portfolio Carrying Values$ 2,696$ 2,618$ 2,683$ 2,717$ 2,737
Weighted Average Coupon (WAC)*
Loans, held for sale4.4%4.4%4.4%4.4%4.4%
Loans, held for investment5.5%N/AN/AN/AN/A
*Does not include the impact of interest rate hedges STARWOOD PROPERTY TRUST 20