LFT
Lument Finance Trust, Inc.
OpenVolumeMkt capP/EEPSDiv yield
Day – 52-wk –
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied
Lument Finance Trust, Inc.
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied
Lument Finance Trust has 10 disclosed suppliers and 1 disclosed customer in SEC filings.
Lument Finance Trust, Inc.
3.88
SentencePursuant to our agreement with SS&C Technologies ("SS&C"), SS&C currently maintains our general ledger and all related accounting records, reconciles all broker and custodial statements we routinely receive, provides us with monthly portfolio, cash and position reports, assists us with portfolio valuations, prepares draft quarterly financial statements for our review and provides us with access to data and technology services to facilitate the preparation of our annual financial statements.
SentenceThe Company leverages Lument's broad platform and significant expertise when originating and underwriting investments.
LFT 10-Kaccession 0001547546-26-000005
SentenceWith respect to the CRE CLOs and other secured financings we have sponsored and in which we have retained subordinated classes of equity and debt, control over the related underlying loans will be exercised through LREC, Lument IM or another special servicer or collateral manager designated by a "directing certificate holder" or a "controlling class representative," or otherwise pursuant to the related securitization documents.
LFT 10-Kaccession 0001547546-26-000005
SentenceWe are externally managed by our manager, Lument Investment Management, LLC (the "Manager" or "Lument IM") pursuant to the terms of our Management Agreement (the "Management Agreement").
LFT 10-Kaccession 0001547546-26-000005
SentenceWe have access to an extensive loan origination platform through our affiliation with Lument, a premier national mortgage originator and asset manager.
LFT 10-Kaccession 0001547546-26-000005
SentenceFurthermore, LREC, an ORIX affiliate, acts as servicer with respect to mortgage assets held by the Company, and servicer and special servicer with respect to the mortgage assets for our securitized debt obligations and secured financing agreements.
LFT 10-Kaccession 0001547546-26-000005
SentenceAs discussed above, from time to time, the Manager will cause the Company to buy a loan or loan participation from an affiliate of the Manager, Lument Structured Finance, LLC ("LSF").
LFT 10-Kaccession 0001547546-26-000005
SentenceFOAC paid MAXEX Clearing LLC, as the replacement backstop provider, a fee of $426,770 (the "Alternative Backstop Fee").
LFT 10-Kaccession 0001547546-26-000005
SentenceAffiliated Service Providers: Our Manager uses ORIX for certain investment and non-investment related services including, but not limited to, underwriting, credit risk, legal and compliance and related support services, general services, human resources, portfolio transaction services, finance and accounting, audit, administrative services, and information and technology support services.
LFT 10-Kaccession 0001547546-26-000005
SentencePursuant to a Master Agreement dated June 15, 2016, as amended on August 29, 2016, January 30, 2017 and June 27, 2018, among MAXEX, LLC ("MAXEX"), MAXEX Clearing LLC, MAXEX's wholly-owned clearinghouse subsidiary and FOAC, FOAC provided seller eligibility review services under which it reviewed, approved and monitored sellers that sold loans via MAXEX Clearing LLC.
LFT 10-Kaccession 0001547546-26-000005
Expected move
No implied move.