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Arlington Asset Investment Corp. – ‘10-Q’ for 6/30/21 – ‘EX-101.LAB’

On:  Monday, 8/9/21, at 4:31pm ET   ·   For:  6/30/21   ·   Accession #:  1564590-21-42688   ·   File #:  1-34374

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/09/21  Arlington Asset Investment Corp.  10-Q        6/30/21   78:16M                                    ActiveDisclosure/FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.73M 
 2: EX-31.01    Certification -- §302 - SOA'02                      HTML     30K 
 3: EX-31.02    Certification -- §302 - SOA'02                      HTML     31K 
 4: EX-32.01    Certification -- §906 - SOA'02                      HTML     26K 
 5: EX-32.02    Certification -- §906 - SOA'02                      HTML     26K 
12: R1          Document And Entity Information                     HTML     95K 
13: R2          Consolidated Balance Sheets                         HTML    114K 
14: R3          Consolidated Balance Sheets (Parenthetical)         HTML     64K 
15: R4          Consolidated Statements of Comprehensive Income     HTML    123K 
                (Unaudited)                                                      
16: R5          Consolidated Statements of Changes in Equity        HTML     89K 
                (Unaudited)                                                      
17: R6          Consolidated Statements of Cash Flows (Unaudited)   HTML    116K 
18: R7          Organization and Basis of Presentation              HTML     32K 
19: R8          Summary of Significant Accounting Policies          HTML     54K 
20: R9          Investments in Agency MBS                           HTML     63K 
21: R10         Investments in Mortgage Credit Securities           HTML     62K 
22: R11         Loans Held for Investment                           HTML     30K 
23: R12         Investments in MSR Financing Receivables            HTML     54K 
24: R13         Consolidation of Variable Interest Entities         HTML     80K 
25: R14         Borrowings                                          HTML    166K 
26: R15         Derivative Instruments                              HTML    556K 
27: R16         Offsetting of Financial Assets and Liabilities      HTML    312K 
28: R17         Fair Value Measurements                             HTML    339K 
29: R18         Income Taxes                                        HTML     31K 
30: R19         Earnings (Loss) Per Share                           HTML     74K 
31: R20         Stockholders' Equity                                HTML     45K 
32: R21         Summary of Significant Accounting Policies          HTML     99K 
                (Policies)                                                       
33: R22         Investments in Agency MBS (Tables)                  HTML     60K 
34: R23         Investments in Mortgage Credit Securities (Tables)  HTML     60K 
35: R24         Investments in MSR Financing Receivables (Tables)   HTML     49K 
36: R25         Consolidation of Variable Interest Entities         HTML     76K 
                (Tables)                                                         
37: R26         Borrowings (Tables)                                 HTML    166K 
38: R27         Derivative Instruments (Tables)                     HTML    553K 
39: R28         Offsetting of Financial Assets and Liabilities      HTML    309K 
                (Tables)                                                         
40: R29         Fair Value Measurements (Tables)                    HTML    314K 
41: R30         Earnings (Loss) Per Share (Tables)                  HTML     72K 
42: R31         Organization and Basis of Presentation -            HTML     27K 
                Additional Information (Details)                                 
43: R32         Summary of Significant Accounting Policies -        HTML     34K 
                Additional Information (Details)                                 
44: R33         Investments in Agency MBS - Additional Information  HTML     26K 
                (Details)                                                        
45: R34         Investments in Agency MBS - Additional Information  HTML     33K 
                About Gains and Losses Recognized with Respect to                
                Investments in Agency MBS (Details)                              
46: R35         Investments in Mortgage Credit Securities -         HTML     26K 
                Additional Information (Details)                                 
47: R36         Investments in Mortgage Credit Securities -         HTML     33K 
                Additional Information About Gains and Losses                    
                Recognized with Respect to Investments in Mortgage               
                Credit Securities (Details)                                      
48: R37         Loans Held For Investment - Additional Information  HTML     60K 
                (Details)                                                        
49: R38         Investments in MSR Financing Receivables -          HTML     37K 
                Additional Information (Details)                                 
50: R39         Investments in MSR Financing Receivables -          HTML     32K 
                Schedule of Investment in MSR Finance Receivables                
                (Details)                                                        
51: R40         Consolidation of Variable Interest Entities -       HTML     40K 
                Additional Information (Details)                                 
52: R41         Consolidation of Variable Interest Entities -       HTML     42K 
                Schedule of Carrying Values of Assets and                        
                Liabilities of Consolidated VIE, Net of                          
                Elimination Entries (Details)                                    
53: R42         Consolidation of Variable Interest Entities -       HTML     41K 
                Schedule of Accrual Status of Mortgage Loans of                  
                Consolidated VIE (Details)                                       
54: R43         Borrowings - Additional Information (Details)       HTML     77K 
55: R44         Borrowings - Outstanding Repurchase Agreement       HTML     45K 
                Borrowings (Details)                                             
56: R45         Borrowings - Outstanding Repurchase Agreement       HTML     28K 
                Borrowings (Parenthetical) (Details)                             
57: R46         Borrowings - Information Regarding Outstanding      HTML     28K 
                Repurchase Agreement Borrowings During the Period                
                (Details)                                                        
58: R47         Borrowings - Long-term Unsecured Debt Instruments   HTML     50K 
                (Details)                                                        
59: R48         Derivative Instruments - Fair Value of Derivative   HTML     34K 
                Instruments (Details)                                            
60: R49         Derivative Instruments - Interest Rate Swap         HTML     55K 
                Agreements (Details)                                             
61: R50         Derivative Instruments - Additional Information     HTML     37K 
                (Details)                                                        
62: R51         Derivative Instruments - TBA Commitments (Details)  HTML     63K 
63: R52         Derivative Instruments - Derivative Gains and       HTML     49K 
                Losses Recognized Within the Periods (Details)                   
64: R53         Derivative Instruments - Volume of Activity, in     HTML     52K 
                terms of Notional Amount, Related to Derivative                  
                Instruments (Details)                                            
65: R54         Derivative Instruments - Cash Collateral Posted in  HTML     29K 
                Respect of Derivative and Other Financial                        
                Instruments (Details)                                            
66: R55         Offsetting of Financial Assets and Liabilities -    HTML     89K 
                Derivative Instruments and Short-term Borrowing                  
                Arrangements, including those Subject to Master                  
                Netting or Similar Arrangements (Details)                        
67: R56         Fair Value Measurements - Summary of Significant    HTML     46K 
                Inputs to Fair Value Measurement (Details)                       
68: R57         Fair Value Measurements - Additional Information    HTML     54K 
                (Details)                                                        
69: R58         Fair Value Measurements - Financial Instruments     HTML     75K 
                Measured at Fair Value on a Recurring Basis                      
                (Details)                                                        
70: R59         Fair Value Measurements - Change in Fair Value of   HTML     50K 
                Level 3 Financial Assets and Liabilities that are                
                Measured at Fair Value on Recurring Basis                        
                (Details)                                                        
71: R60         Income Taxes - Additional Information (Details)     HTML     48K 
72: R61         Earnings (Loss) Per Share - Computations of Basic   HTML     50K 
                and Diluted Earnings (Loss) Per Share (Details)                  
73: R62         Earnings (Loss) Per Share - Additional Information  HTML     28K 
                (Details)                                                        
74: R63         Stockholders' Equity - Additional Information       HTML    149K 
                (Details)                                                        
76: XML         IDEA XML File -- Filing Summary                      XML    146K 
11: XML         XBRL Instance -- ai-10q_20210630_htm                 XML   4.56M 
75: EXCEL       IDEA Workbook of Financial Reports                  XLSX    112K 
 7: EX-101.CAL  XBRL Calculations -- ai-20210630_cal                 XML    164K 
 8: EX-101.DEF  XBRL Definitions -- ai-20210630_def                  XML    938K 
 9: EX-101.LAB  XBRL Labels -- ai-20210630_lab                       XML   1.27M 
10: EX-101.PRE  XBRL Presentations -- ai-20210630_pre                XML   1.12M 
 6: EX-101.SCH  XBRL Schema -- ai-20210630                           XSD    206K 
77: JSON        XBRL Instance as JSON Data -- MetaLinks              355±   583K 
78: ZIP         XBRL Zipped Folder -- 0001564590-21-042688-xbrl      Zip    299K

‘EX-101.LAB’   —   XBRL Labels — ai-20210630_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" standalone="yes" encoding="windows-1252"?>
<!-- DFIN ActiveDisclosure(SM) XBRL Linkbase Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date : 2021-08-06T00:45:33.4736918+00:00 -->
<!-- Version : 5.0.1.648 -->
<!-- Package ID : 986baa3d68e74a6aa9bcdad38dccc402 -->
<!-- Copyright (c) 2021 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple"/>
<link:roleRef roleURI="http://fasb.org/us-gaap/role/label/axisDefault" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd#axisDefault" xlink:type="simple"/>
<link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Central Index Key </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract"/>
<link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Cover [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl"/>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationTable" xlink:type="locator" xlink:label="dei_DocumentInformationTable"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Information [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentInformationTable" xlink:to="dei_DocumentInformationTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Information [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:type="locator" xlink:label="us-gaap_StatementClassOfStockAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Class of Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Class Of Stock [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Class of Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_ClassOfStockDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Class Of Stock [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonClassAMember" xlink:type="locator" xlink:label="us-gaap_CommonClassAMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Class A Common </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonClassAMember" xlink:to="us-gaap_CommonClassAMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Class A [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember" xlink:type="locator" xlink:label="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> 7.00 % series B cumulative perpetual redeemable preferred stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember" xlink:to="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SevenPercentSeriesBCumulativePerpetualRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Seven Percent Series B Cumulative Perpetual Redeemable Preferred Stock [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember" xlink:type="locator" xlink:label="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Eight point two five percent series C fixed to floating rate cumulative redeemable preferred stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember" xlink:to="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 8.250% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_EightPointTwoFivePercentSeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Eight Point Two Five Percent Series C Fixed To Floating Rate Cumulative Redeemable Preferred Stock [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember" xlink:type="locator" xlink:label="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Six percentage senior notes due two thousand twenty six. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember" xlink:to="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 6.000% Senior Notes due 2026 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SixPercentageSeniorNotesDueTwoThousandTwentySixMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Six Percentage Senior Notes Due Two Thousand Twenty Six [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember" xlink:type="locator" xlink:label="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Six point seven five percentage senior notes due two thousand twenty five. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember" xlink:to="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 6.75% Senior Notes due 2025 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSevenFivePercentageSeniorNotesDueTwoThousandTwentyFiveMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Six Point Seven Five Percentage Senior Notes Due Two Thousand Twenty Five [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember" xlink:type="locator" xlink:label="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Six point six two five percentage senior notes due two thousand twenty three. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember" xlink:to="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 6.625% Senior Notes due 2023 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SixPointSixTwoFivePercentageSeniorNotesDueTwoThousandTwentyThreeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Six Point Six Two Five Percentage Senior Notes Due Two Thousand Twenty Three [Member] </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationLineItems" xlink:type="locator" xlink:label="dei_DocumentInformationLineItems"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Information [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentInformationLineItems" xlink:to="dei_DocumentInformationLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Information [Line Items] </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Document Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Type </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag"/>
<link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Amendment Flag </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Amendment Flag </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Period End Date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Period End Date </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalYearFocus"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Fiscal Year Focus </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Fiscal Year Focus </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalPeriodFocus"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Fiscal Period Focus </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Fiscal Period Focus </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Registrant Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Registrant Name </link:label>
<link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Central Index Key </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:type="locator" xlink:label="dei_CurrentFiscalYearEndDate"/>
<link:label xml:lang="en-US" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Current Fiscal Year End Date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Current Fiscal Year End Date </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:type="locator" xlink:label="dei_EntityFilerCategory"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityFilerCategory_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Filer Category </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityFilerCategory_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Filer Category </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Emerging Growth Company </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Emerging Growth Company </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:type="locator" xlink:label="dei_EntitySmallBusiness"/>
<link:label xml:lang="en-US" xlink:label="dei_EntitySmallBusiness_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Small Business </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntitySmallBusiness_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Small Business </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:type="locator" xlink:label="dei_EntityCurrentReportingStatus"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Current Reporting Status </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Current Reporting Status </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:type="locator" xlink:label="dei_EntityInteractiveDataCurrent"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Interactive Data Current </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Interactive Data Current </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:type="locator" xlink:label="dei_EntityShellCompany"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityShellCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Shell Company </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityShellCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Shell Company </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle"/>
<link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Title of 12(b) Security </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Security12b Title </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName"/>
<link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Security Exchange Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Security Exchange Name </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity File Number </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity File Number </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Incorporation, State or Country Code </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Incorporation State Country Code </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Tax Identification Number </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Tax Identification Number </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol"/>
<link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Trading Symbol </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Trading Symbol </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:type="locator" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Common Stock, Shares Outstanding </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Common Stock Shares Outstanding </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Address, Address Line One </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Address Address Line1 </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine2"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Address, Address Line Two </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Address Address Line2 </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Address, City or Town </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Address City Or Town </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Address, State or Province </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Address State Or Province </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Entity Address, Postal Zip Code </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Entity Address Postal Zip Code </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode"/>
<link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> City Area Code </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> City Area Code </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber"/>
<link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Local Phone Number </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Local Phone Number </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentQuarterlyReport" xlink:type="locator" xlink:label="dei_DocumentQuarterlyReport"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Quarterly Report </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Quarterly Report </link:label>
<link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:type="locator" xlink:label="dei_DocumentTransitionReport"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentTransitionReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Document Transition Report </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl"/>
<link:label xml:lang="en-US" xlink:label="dei_DocumentTransitionReport_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Document Transition Report </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SoldSecuritiesReceivable" xlink:type="locator" xlink:label="ai_SoldSecuritiesReceivable"/>
<link:label xml:lang="en-US" xlink:label="ai_SoldSecuritiesReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The carrying value as of the balance sheet date of any amount of receivables for unsettled trades of mortgage-backed securities (MBS) transactions. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SoldSecuritiesReceivable" xlink:to="ai_SoldSecuritiesReceivable_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageServicingRightsFinancingReceivableFairValue" xlink:type="locator" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Mortgage servicing rights financing receivable fair value. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageServicingRightsFinancingReceivableFairValue" xlink:to="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_PurchasedSecuritiesPayable" xlink:type="locator" xlink:label="ai_PurchasedSecuritiesPayable"/>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedSecuritiesPayable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The amount payable for mortgage backed securities purchased. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PurchasedSecuritiesPayable" xlink:to="ai_PurchasedSecuritiesPayable_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Of Financial Position [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:type="locator" xlink:label="us-gaap_StatementTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Statement [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesBPreferredStockMember" xlink:type="locator" xlink:label="us-gaap_SeriesBPreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesBPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Series B Preferred Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesBPreferredStockMember" xlink:to="us-gaap_SeriesBPreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesBPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Series B Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesCPreferredStockMember" xlink:type="locator" xlink:label="us-gaap_SeriesCPreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Series C Preferred Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesCPreferredStockMember" xlink:to="us-gaap_SeriesCPreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Series C Preferred Stock [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common Class A </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Instrument </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financial Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:type="locator" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:type="locator" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Agency MBS </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:to="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Backed Securities Issued By U S Government Sponsored Enterprises [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember" xlink:type="locator" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage Credit Securities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember" xlink:to="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Backed Securities Issued By Private Enterprises [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ConsolidatedEntitiesAxis" xlink:type="locator" xlink:label="srt_ConsolidatedEntitiesAxis"/>
<link:label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Consolidated Entities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesAxis" xlink:to="srt_ConsolidatedEntitiesAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Consolidated Entities [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ConsolidatedEntitiesDomain" xlink:type="locator" xlink:label="srt_ConsolidatedEntitiesDomain"/>
<link:label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Consolidated Entities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesDomain" xlink:to="srt_ConsolidatedEntitiesDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Consolidated Entities [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:type="locator" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Variable Interest Entity, Primary Beneficiary </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:to="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Variable Interest Entity Primary Beneficiary [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:type="locator" xlink:label="us-gaap_StatementLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Statement [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsAbstract" xlink:type="locator" xlink:label="us-gaap_AssetsAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> ASSETS </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:type="locator" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash and cash equivalents </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Cash And Cash Equivalents At Carrying Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCash" xlink:type="locator" xlink:label="us-gaap_RestrictedCash"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RestrictedCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Restricted cash of consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCash" xlink:to="us-gaap_RestrictedCash_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RestrictedCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Restricted Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestReceivable" xlink:type="locator" xlink:label="us-gaap_InterestReceivable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest receivable of consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestReceivable" xlink:to="us-gaap_InterestReceivable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Receivable </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SoldSecuritiesReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Sold securities receivable </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SoldSecuritiesReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Sold Securities Receivable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage-backed securities, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:type="locator" xlink:label="us-gaap_LoansReceivableFairValueDisclosure"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loans, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansReceivableFairValueDisclosure" xlink:to="us-gaap_LoansReceivableFairValueDisclosure_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Loans Receivable Fair Value Disclosure </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MSR financing receivables, at fair value </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Servicing Rights Financing Receivable Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative assets, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:to="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Fair Value Of Derivative Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DepositAssets" xlink:type="locator" xlink:label="us-gaap_DepositAssets"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DepositAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Deposits </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositAssets" xlink:to="us-gaap_DepositAssets_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DepositAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Deposit Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssets" xlink:type="locator" xlink:label="us-gaap_OtherAssets"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:type="locator" xlink:label="us-gaap_Assets"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_Assets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_Assets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:type="locator" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> LIABILITIES AND STOCKHOLDERS’ EQUITY </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Liabilities And Stockholders Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:type="locator" xlink:label="us-gaap_LiabilitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Liabilities: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Liabilities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:type="locator" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase agreements </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:to="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Securities Sold Under Agreements To Repurchase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentFairValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Secured debt of consolidated VIE, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFairValue" xlink:to="us-gaap_DebtInstrumentFairValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:type="locator" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest payable of consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPayableCurrentAndNoncurrent" xlink:to="us-gaap_InterestPayableCurrentAndNoncurrent_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Payable Current And Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:type="locator" xlink:label="us-gaap_DerivativeLiabilities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative liabilities, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilities" xlink:to="us-gaap_DerivativeLiabilities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Liabilities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedSecuritiesPayable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Purchased securities payable </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedSecuritiesPayable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Purchased Securities Payable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherLiabilities" xlink:type="locator" xlink:label="us-gaap_OtherLiabilities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="us-gaap_OtherLiabilities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnsecuredDebt" xlink:type="locator" xlink:label="us-gaap_UnsecuredDebt"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Long-term unsecured debt </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnsecuredDebt" xlink:to="us-gaap_UnsecuredDebt_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unsecured Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:type="locator" xlink:label="us-gaap_Liabilities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_Liabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_Liabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:type="locator" xlink:label="us-gaap_CommitmentsAndContingencies"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Commitments and contingencies </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Commitments And Contingencies </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:type="locator" xlink:label="us-gaap_StockholdersEquityAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Stockholders’ Equity: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stockholders Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockValue" xlink:type="locator" xlink:label="us-gaap_PreferredStockValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockValue" xlink:type="locator" xlink:label="us-gaap_CommonStockValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:type="locator" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Additional paid-in capital </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalCommonStock" xlink:to="us-gaap_AdditionalPaidInCapitalCommonStock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Additional Paid In Capital Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:type="locator" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accumulated deficit </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Retained Earnings Accumulated Deficit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:type="locator" xlink:label="us-gaap_StockholdersEquity"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total stockholders’ equity </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stockholders Equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:type="locator" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total liabilities and stockholders’ equity </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Liabilities And Stockholders Equity </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Secured debt, at fair value </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Interest payable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsNet" xlink:type="locator" xlink:label="us-gaap_AssetsNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net investment in consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:type="locator" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, par value (in dollars per share) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Par Or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:type="locator" xlink:label="us-gaap_PreferredStockSharesIssued"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, issued (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesIssued" xlink:to="us-gaap_PreferredStockSharesIssued_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Shares Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:type="locator" xlink:label="us-gaap_PreferredStockSharesOutstanding"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, outstanding (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="us-gaap_PreferredStockSharesOutstanding_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Shares Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockLiquidationPreferenceValue" xlink:type="locator" xlink:label="us-gaap_PreferredStockLiquidationPreferenceValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockLiquidationPreferenceValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, liquidation preference </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockLiquidationPreferenceValue" xlink:to="us-gaap_PreferredStockLiquidationPreferenceValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockLiquidationPreferenceValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Liquidation Preference Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:type="locator" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common stock, par value (in dollars per share) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Par Or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:type="locator" xlink:label="us-gaap_CommonStockSharesAuthorized"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common stock, shares authorized (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:type="locator" xlink:label="us-gaap_CommonStockSharesIssued"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common stock, shares issued (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Shares Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:type="locator" xlink:label="us-gaap_CommonStockSharesOutstanding"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common stock, shares outstanding (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Shares Outstanding </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageServicingRightsFinancingReceivable" xlink:type="locator" xlink:label="ai_MortgageServicingRightsFinancingReceivable"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Mortgage servicing rights financing receivable. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageServicingRightsFinancingReceivable" xlink:to="ai_MortgageServicingRightsFinancingReceivable_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Of Income And Comprehensive Income [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:to="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:type="locator" xlink:label="us-gaap_LongtermDebtTypeAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Long-term Debt, Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="us-gaap_LongtermDebtTypeAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Longterm Debt Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:type="locator" xlink:label="us-gaap_LongtermDebtTypeDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Long-term Debt, Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeDomain" xlink:to="us-gaap_LongtermDebtTypeDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Longterm Debt Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnsecuredDebtMember" xlink:type="locator" xlink:label="us-gaap_UnsecuredDebtMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Unsecured Debt </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnsecuredDebtMember" xlink:to="us-gaap_UnsecuredDebtMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unsecured Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:type="locator" xlink:label="us-gaap_CreditFacilityAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Credit Facility </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityAxis" xlink:to="us-gaap_CreditFacilityAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Credit Facility [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:type="locator" xlink:label="us-gaap_CreditFacilityDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Credit Facility </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityDomain" xlink:to="us-gaap_CreditFacilityDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Credit Facility [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuredDebtMember" xlink:type="locator" xlink:label="us-gaap_SecuredDebtMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SecuredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Secured Debt </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuredDebtMember" xlink:to="us-gaap_SecuredDebtMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SecuredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Secured Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract" xlink:type="locator" xlink:label="us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest income </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract" xlink:to="us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeSecuritiesBySecurityTypeAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Income Securities By Security Type [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeSecuritiesMortgageBacked" xlink:type="locator" xlink:label="us-gaap_InterestIncomeSecuritiesMortgageBacked"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeSecuritiesMortgageBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage-backed credit securities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeSecuritiesMortgageBacked" xlink:to="us-gaap_InterestIncomeSecuritiesMortgageBacked_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeSecuritiesMortgageBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Income Securities Mortgage Backed </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xlink:type="locator" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loans </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xlink:to="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest And Fee Income Loans And Leases Held In Portfolio </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MSR financing receivables </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Servicing Rights Financing Receivable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:type="locator" xlink:label="us-gaap_InterestAndOtherIncome"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest and other income </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndOtherIncome" xlink:to="us-gaap_InterestAndOtherIncome_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest And Other Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:type="locator" xlink:label="us-gaap_InterestIncomeOperating"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeOperating_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total interest income </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeOperating_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Income Operating </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:type="locator" xlink:label="us-gaap_InterestExpenseAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest expense </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseAbstract" xlink:to="us-gaap_InterestExpenseAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseShortTermBorrowings" xlink:type="locator" xlink:label="us-gaap_InterestExpenseShortTermBorrowings"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseShortTermBorrowings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Short-term debt </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseShortTermBorrowings" xlink:to="us-gaap_InterestExpenseShortTermBorrowings_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseShortTermBorrowings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Expense Short Term Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:type="locator" xlink:label="us-gaap_InterestExpenseLongTermDebt"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseLongTermDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Long-term debt </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseLongTermDebt" xlink:to="us-gaap_InterestExpenseLongTermDebt_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseLongTermDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Expense Long Term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseDebt" xlink:type="locator" xlink:label="us-gaap_InterestExpenseDebt"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Secured debt of consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseDebt" xlink:to="us-gaap_InterestExpenseDebt_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Expense Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseBorrowings" xlink:type="locator" xlink:label="us-gaap_InterestExpenseBorrowings"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseBorrowings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total interest expense </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseBorrowings" xlink:to="us-gaap_InterestExpenseBorrowings_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestExpenseBorrowings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Expense Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:type="locator" xlink:label="us-gaap_InterestIncomeExpenseNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net interest income </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeExpenseNet" xlink:to="us-gaap_InterestIncomeExpenseNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Income Expense Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:type="locator" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Investment (loss) gain, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Nonoperating Income Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingGainLoss" xlink:type="locator" xlink:label="us-gaap_DebtSecuritiesTradingGainLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Gain (loss) on mortgage investments, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesTradingGainLoss" xlink:to="us-gaap_DebtSecuritiesTradingGainLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Securities Trading Gain Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:type="locator" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsNetPretax"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsNetPretax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loss from derivative instruments, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:to="us-gaap_GainLossOnDerivativeInstrumentsNetPretax_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsNetPretax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Gain Loss On Derivative Instruments Net Pretax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnSaleOfOtherInvestments" xlink:type="locator" xlink:label="us-gaap_GainLossOnSaleOfOtherInvestments"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnSaleOfOtherInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfOtherInvestments" xlink:to="us-gaap_GainLossOnSaleOfOtherInvestments_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnSaleOfOtherInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Gain Loss On Sale Of Other Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:type="locator" xlink:label="us-gaap_GainLossOnInvestments"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total investment (loss) gain, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Gain Loss On Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GeneralAndAdministrativeExpenseAbstract" xlink:type="locator" xlink:label="us-gaap_GeneralAndAdministrativeExpenseAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GeneralAndAdministrativeExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> General and administrative expenses </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpenseAbstract" xlink:to="us-gaap_GeneralAndAdministrativeExpenseAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GeneralAndAdministrativeExpenseAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> General And Administrative Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:type="locator" xlink:label="us-gaap_LaborAndRelatedExpense"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LaborAndRelatedExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Compensation and benefits </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LaborAndRelatedExpense" xlink:to="us-gaap_LaborAndRelatedExpense_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LaborAndRelatedExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Labor And Related Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:type="locator" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other general and administrative expenses </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherGeneralAndAdministrativeExpense" xlink:to="us-gaap_OtherGeneralAndAdministrativeExpense_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other General And Administrative Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:type="locator" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total general and administrative expenses </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> General And Administrative Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:type="locator" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> (Loss) income before income taxes </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:type="locator" xlink:label="us-gaap_IncomeTaxExpenseBenefit"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Income tax (benefit) provision </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Tax Expense Benefit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:type="locator" xlink:label="us-gaap_NetIncomeLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net (loss) income </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Income Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:type="locator" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Dividend on preferred stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:to="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Dividends Income Statement Impact </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:type="locator" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net (loss) income (attributable) available to common stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:to="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Income Loss Available To Common Stockholders Basic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:type="locator" xlink:label="us-gaap_EarningsPerShareBasic"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Basic (loss) earnings per common share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Earnings Per Share Basic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:type="locator" xlink:label="us-gaap_EarningsPerShareDiluted"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Diluted (loss) earnings per common share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Earnings Per Share Diluted </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:type="locator" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average common shares outstanding (in thousands) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Weighted Average Number Of Shares Outstanding [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:type="locator" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Basic </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Weighted Average Number Of Shares Outstanding Basic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:type="locator" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Diluted </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Weighted Average Number Of Diluted Shares Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Of Stockholders Equity [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_StatementOfStockholdersEquityAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:type="locator" xlink:label="us-gaap_StatementEquityComponentsAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Equity Components </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Equity Components [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityComponentDomain" xlink:type="locator" xlink:label="us-gaap_EquityComponentDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Equity Component </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityComponentDomain" xlink:to="us-gaap_EquityComponentDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Equity Component [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockMember" xlink:type="locator" xlink:label="us-gaap_PreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockMember" xlink:to="us-gaap_PreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:type="locator" xlink:label="us-gaap_CommonStockMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:type="locator" xlink:label="us-gaap_AdditionalPaidInCapitalMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Additional Paid-in Capital </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Additional Paid In Capital [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:type="locator" xlink:label="us-gaap_RetainedEarningsMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accumulated Deficit </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Retained Earnings [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SeriesBPreferredStockAndSeriesCPreferredStockMember" xlink:type="locator" xlink:label="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Series B Preferred Stock and Series C Preferred Stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember" xlink:to="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred Stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredStockAndSeriesCPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Series B Preferred Stock And Series C Preferred Stock [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Balances </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharesOutstanding" xlink:type="locator" xlink:label="us-gaap_SharesOutstanding"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Balances (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Shares Outstanding </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net income(loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Issuance of Class A common stock under stock-based compensation plans </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Issued During Period Value Share Based Compensation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Issuance of Class A common stock under stock-based compensation plans (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Issued During Period Shares Share Based Compensation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Forfeiture of Class A common stock under stock-based compensation plans </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited" xlink:to="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Issued During Period Value Share Based Compensation Forfeited </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Forfeiture of Class A common stock under stock-based compensation plans (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited" xlink:to="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Issued During Period Shares Share Based Compensation Forfeited </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:type="locator" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodValue" xlink:to="us-gaap_StockRepurchasedDuringPeriodValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchased During Period Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:type="locator" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of stock (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodShares" xlink:to="us-gaap_StockRepurchasedDuringPeriodShares_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchased During Period Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:type="locator" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Stock-based compensation </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityOther" xlink:type="locator" xlink:label="us-gaap_StockholdersEquityOther"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityOther_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityOther" xlink:to="us-gaap_StockholdersEquityOther_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityOther_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stockholders Equity Other </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:type="locator" xlink:label="us-gaap_DividendsCommonStockCash"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Dividends declared </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsCommonStockCash" xlink:to="us-gaap_DividendsCommonStockCash_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Dividends Common Stock Cash </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Balances </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Balances (in shares) </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans" xlink:type="locator" xlink:label="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans"/>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Stock repurchased during period shares equity based compensation plans. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans" xlink:to="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of Class A common stock under stock-based compensation plans </link:label>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodValueEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchased During Period Value Equity Based Compensation Plans </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans" xlink:type="locator" xlink:label="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans"/>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Stock repurchased during period shares equity based compensation plans. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans" xlink:to="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of Class A common stock under stock-based compensation plans (in shares) </link:label>
<link:label xml:lang="en-US" xlink:label="ai_StockRepurchasedDuringPeriodSharesEquityBasedCompensationPlans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchased During Period Shares Equity Based Compensation Plans </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked" xlink:type="locator" xlink:label="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The cash inflow associated with sales of agency mortgage-backed securities. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked" xlink:to="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromSalesOfMortgageCreditSecurities" xlink:type="locator" xlink:label="ai_ProceedsFromSalesOfMortgageCreditSecurities"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSalesOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Proceeds from sales of mortgage credit securities. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromSalesOfMortgageCreditSecurities" xlink:to="ai_ProceedsFromSalesOfMortgageCreditSecurities_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked" xlink:type="locator" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The cash inflow from receipt of principal payments on agency-backed mortgage-backed securities. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked" xlink:to="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities" xlink:type="locator" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Proceeds from principal payments of mortgage credit securities. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities" xlink:to="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans" xlink:type="locator" xlink:label="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Proceeds from payments of principal on loans. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans" xlink:to="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE" xlink:type="locator" xlink:label="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Proceeds from principal payments on mortgage loans of consolidated VIE. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE" xlink:to="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet" xlink:type="locator" xlink:label="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet"/>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Proceeds from payments for repayments of secured debt of consolidated VIE, net. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet" xlink:to="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt" xlink:type="locator" xlink:label="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt"/>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Payments for repurchase of long-term unsecured debt. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt" xlink:to="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Of Cash Flows [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash flows from operating activities: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Operating Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:type="locator" xlink:label="us-gaap_ProfitLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProfitLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net loss </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProfitLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Profit Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:type="locator" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Adjustments to reconcile net loss to net cash provided by operating activities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Total investment loss, net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:type="locator" xlink:label="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Net (discount) premium (accretion) amortization </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:to="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accretion Amortization Of Discounts And Premiums Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:type="locator" xlink:label="us-gaap_OtherNoncashIncomeExpense"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Other </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoncashIncomeExpense" xlink:to="us-gaap_OtherNoncashIncomeExpense_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Noncash Income Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Changes in operating assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Operating Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Interest receivable </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:to="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Accrued Interest Receivable Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Other assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Other Operating Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Changes in operating liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Operating Liabilities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest payable and other liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Accounts Payable And Accrued Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accrued compensation and benefits </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Increase Decrease In Employee Related Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net cash provided by operating activities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash flows from investing activities: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Investing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:type="locator" xlink:label="us-gaap_PaymentsToAcquireInvestments"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Purchases of mortgage-backed securities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments To Acquire Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:type="locator" xlink:label="us-gaap_PaymentsToAcquireLoansHeldForInvestment"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireLoansHeldForInvestment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Purchases of loans </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:to="us-gaap_PaymentsToAcquireLoansHeldForInvestment_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireLoansHeldForInvestment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments To Acquire Loans Held For Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:type="locator" xlink:label="us-gaap_PaymentsToAcquireMortgageServicingRightsMSR"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Purchases of MSR financing receivables </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:to="us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments To Acquire Mortgage Servicing Rights M S R </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Proceeds from sales of agency mortgage-backed securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSaleOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Sale Of Mortgage Backed Securities Categorized As Agency Backed </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSalesOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Proceeds from sales of mortgage credit securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromSalesOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Sales Of Mortgage Credit Securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Receipt of principal payments on agency mortgage-backed securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageBackedSecuritiesCategorizedAsAgencyBacked_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Principal Payments Of Mortgage Backed Securities Categorized As Agency Backed </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Receipt of principal payments on mortgage credit securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfMortgageCreditSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Principal Payments Of Mortgage Credit Securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Receipt of principal payments on loans </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOfPrincipalOnLoans_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Principal Payments Of Principal On Loans </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Receipt of principal payments on mortgage loans of consolidated VIE </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPrincipalPaymentsOnMortgageLoansOfConsolidatedVIE_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Principal Payments On Mortgage Loans Of Consolidated V I E </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:type="locator" xlink:label="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Payments for derivatives and deposits, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:to="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments For Proceeds From Derivative Instrument Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:type="locator" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Other </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:to="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments For Proceeds From Other Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net cash (used in) provided by investing activities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash flows from financing activities: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Financing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:type="locator" xlink:label="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Proceeds from (repayments of) repurchase agreements, net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:to="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Payments For In Securities Sold Under Agreements To Repurchase </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repayments of secured debt of consolidated VIE, net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ProceedsFromPaymentsForRepaymentsOfSecuredDebtOfConsolidatedVIENet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Payments For Repayments Of Secured Debt Of Consolidated V I E Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:type="locator" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of common stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments For Repurchase Of Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xlink:type="locator" xlink:label="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of preferred stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xlink:to="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments For Repurchase Of Preferred Stock And Preference Stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Repurchase of long-term unsecured debt </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsForRepurchaseOfLongTermUnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments For Repurchase Of Long Term Unsecured Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:type="locator" xlink:label="us-gaap_PaymentsOfDividendsCommonStock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Dividends paid </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividendsCommonStock" xlink:to="us-gaap_PaymentsOfDividendsCommonStock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments Of Dividends Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:type="locator" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:to="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Payments For Other Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net cash used in financing activities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Cash Provided By Used In Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:type="locator" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net decrease in cash, cash equivalents and restricted cash </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect </link:label>
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<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Cash, cash equivalents and restricted cash, end of period </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Supplemental Cash Flow Information [Abstract] </link:label>
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<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Paid Net </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxesPaid_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash payments for taxes </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaid" xlink:to="us-gaap_IncomeTaxesPaid_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxesPaid_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Taxes Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:type="locator" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
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<link:label xml:lang="en-US" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Organization and Basis of Presentation </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:to="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Business Description And Basis Of Presentation [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:type="locator" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accounting Policies [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:type="locator" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>
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<link:label xml:lang="en-US" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Significant Accounting Policies [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:type="locator" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investments Debt And Equity Securities [Abstract] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock"/>
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<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:to="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl"/>
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<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_LoansHeldForInvestmentTextBlock" xlink:to="ai_LoansHeldForInvestmentTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_LoansHeldForInvestmentTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loans Held for Investment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LoansHeldForInvestmentTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Loans Held For Investment [Text Block] </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_ReceivablesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Receivables [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesAbstract" xlink:to="us-gaap_ReceivablesAbstract_lbl"/>
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<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivablesTextBlock" xlink:to="us-gaap_FinancingReceivablesTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivables [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableInterestEntityDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Consolidation of Variable Interest Entities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityDisclosureTextBlock" xlink:to="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Variable Interest Entity Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_DebtDisclosureAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Disclosure [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_DebtDisclosureTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Borrowings </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
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<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Instruments And Hedging Activities Disclosure [Text Block] </link:label>
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<link:label xml:lang="en-US" xlink:label="ai_OffsettingOfFinancialAssetsAndLiabilitiesTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The entire disclosure for Offsetting of Financial Assets and Liabilities. </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OffsettingAbstract" xlink:type="locator" xlink:label="us-gaap_OffsettingAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OffsettingAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting [Abstract] </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Disclosures [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:type="locator" xlink:label="us-gaap_FairValueDisclosuresTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Measurements </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Disclosures [Text Block] </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Tax Disclosure [Abstract] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Income Taxes </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Tax Disclosure [Text Block] </link:label>
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<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Earnings Per Share [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl"/>
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<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Earnings (Loss) Per Share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Earnings Per Share [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityAbstract" xlink:type="locator" xlink:label="us-gaap_EquityAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_EquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Equity [Abstract] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Stockholders' Equity </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stockholders Equity Note Disclosure [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_LoansHeldForInvestmentMember" xlink:type="locator" xlink:label="ai_LoansHeldForInvestmentMember"/>
<link:label xml:lang="en-US" xlink:label="ai_LoansHeldForInvestmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Loans held for investment. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_LoansHeldForInvestmentMember" xlink:to="ai_LoansHeldForInvestmentMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_LoansHeldForInvestmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loans Held for Investment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LoansHeldForInvestmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Loans Held For Investment [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MSRFinancingReceivablesMember" xlink:type="locator" xlink:label="ai_MSRFinancingReceivablesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> MSR Financing Receivables </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MSRFinancingReceivablesMember" xlink:to="ai_MSRFinancingReceivablesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> M S R Financing Receivables </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> M S R Financing Receivables [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:type="locator" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash Equivalents </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Cash And Cash Equivalents Policy [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:type="locator" xlink:label="us-gaap_InvestmentPolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Investment Security Purchases and Sales </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentPolicyTextBlock" xlink:to="us-gaap_InvestmentPolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Policy [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_InterestIncomePolicyTextBlock" xlink:type="locator" xlink:label="ai_InterestIncomePolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestIncomePolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Disclosure of accounting policy for recognizing interest income. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_InterestIncomePolicyTextBlock" xlink:to="ai_InterestIncomePolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestIncomePolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Income Recognition for Investments in Agency MBS and Mortgage Loans of a Consolidated VIE </link:label>
<link:label xml:lang="en-US" xlink:label="ai_InterestIncomePolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Income Policy [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueRecognitionInterest" xlink:type="locator" xlink:label="us-gaap_RevenueRecognitionInterest"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RevenueRecognitionInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Income Recognition for Investments in Mortgage Credit Securities and MSR Financing Receivables </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionInterest" xlink:to="us-gaap_RevenueRecognitionInterest_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RevenueRecognitionInterest_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Revenue Recognition Interest </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OtherSignificantAccountingPoliciesPolicyTextBlock" xlink:type="locator" xlink:label="ai_OtherSignificantAccountingPoliciesPolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_OtherSignificantAccountingPoliciesPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Disclosure of accounting policy for other significant accounting policies of the reporting entity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OtherSignificantAccountingPoliciesPolicyTextBlock" xlink:to="ai_OtherSignificantAccountingPoliciesPolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OtherSignificantAccountingPoliciesPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other Significant Accounting Policies </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OtherSignificantAccountingPoliciesPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Significant Accounting Policies Policy [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:type="locator" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Recent Accounting Pronouncements </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> New Accounting Pronouncements Policy Policy [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:type="locator" xlink:label="us-gaap_ConsolidationVariableInterestEntityPolicy"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ConsolidationVariableInterestEntityPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Consolidation of Variable Interest Entities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:to="us-gaap_ConsolidationVariableInterestEntityPolicy_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ConsolidationVariableInterestEntityPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Consolidation Variable Interest Entity Policy </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RepurchaseAgreementsCollateralPolicy" xlink:type="locator" xlink:label="us-gaap_RepurchaseAgreementsCollateralPolicy"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementsCollateralPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase Agreements </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepurchaseAgreementsCollateralPolicy" xlink:to="us-gaap_RepurchaseAgreementsCollateralPolicy_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementsCollateralPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Repurchase Agreements Collateral Policy </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:type="locator" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesPolicyTextBlock" xlink:to="us-gaap_DerivativesPolicyTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivatives Policy [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:type="locator" xlink:label="us-gaap_DerivativesOffsettingFairValueAmountsPolicy"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativesOffsettingFairValueAmountsPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivatives, Offsetting of Financial Assets and Liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:to="us-gaap_DerivativesOffsettingFairValueAmountsPolicy_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativesOffsettingFairValueAmountsPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivatives Offsetting Fair Value Amounts Policy </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:type="locator" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value of Financial Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:to="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Of Financial Instruments Policy </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock" xlink:type="locator" xlink:label="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Tabular disclosure of additional information regarding realized gains and losses on investments reported in the statement of comprehensive income. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock" xlink:to="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:type="locator" xlink:label="us-gaap_UnderlyingAssetClassAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnderlyingAssetClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Underlying Asset Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnderlyingAssetClassAxis" xlink:to="us-gaap_UnderlyingAssetClassAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnderlyingAssetClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Underlying Asset Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:type="locator" xlink:label="us-gaap_UnderlyingAssetClassDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnderlyingAssetClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Underlying Asset Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnderlyingAssetClassDomain" xlink:to="us-gaap_UnderlyingAssetClassDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnderlyingAssetClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Underlying Asset Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MortgageBackedSecuritiesOtherMember" xlink:type="locator" xlink:label="us-gaap_MortgageBackedSecuritiesOtherMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Agency MBS </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageBackedSecuritiesOtherMember" xlink:to="us-gaap_MortgageBackedSecuritiesOtherMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesOtherMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Backed Securities Other [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Additional Information Realized Gain Loss on Investments </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AdditionalInformationRealizedGainLossOnInvestmentsTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Additional Information Realized Gain Loss On Investments Table [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MSRFinancingReceivableFairValueChangeTextBlock" xlink:type="locator" xlink:label="ai_MSRFinancingReceivableFairValueChangeTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivableFairValueChangeTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Tabular disclosure of the change in fair value of MSR Financing Receivable investments on a recurring basis". </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MSRFinancingReceivableFairValueChangeTextBlock" xlink:to="ai_MSRFinancingReceivableFairValueChangeTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivableFairValueChangeTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Change in Fair Value of MSR Financing Receivables </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MSRFinancingReceivableFairValueChangeTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> M S R Financing Receivable Fair Value Change [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Carrying Values of Assets and Liabilities of Consolidated VIE, Net of Elimination Entries </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:to="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Variable Interest Entities [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Accrual Status of Mortgage Loans of Consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock" xlink:to="us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Financing Receivables Non Accrual Status Table [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRepurchaseAgreements" xlink:type="locator" xlink:label="us-gaap_ScheduleOfRepurchaseAgreements"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRepurchaseAgreements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Repurchase Agreements </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRepurchaseAgreements" xlink:to="us-gaap_ScheduleOfRepurchaseAgreements_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRepurchaseAgreements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Repurchase Agreements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Long-term Unsecured Debt Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:to="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Debt Instruments [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:type="locator" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value By Balance Sheet Grouping [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value By Balance Sheet Grouping [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:type="locator" xlink:label="us-gaap_InterestRateSwapMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Rate Swap </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateSwapMember" xlink:to="us-gaap_InterestRateSwapMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Rate Swap [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:type="locator" xlink:label="us-gaap_DerivativeInstrumentRiskAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Instrument </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentRiskAxis" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Instrument Risk [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:type="locator" xlink:label="us-gaap_DerivativeContractTypeDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Contract </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeContractTypeDomain" xlink:to="us-gaap_DerivativeContractTypeDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Contract Type [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TbaCommitmentsMember" xlink:type="locator" xlink:label="ai_TbaCommitmentsMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> TBA Commitments [Member] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TbaCommitmentsMember" xlink:to="ai_TbaCommitmentsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> TBA Commitments </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Tba Commitments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Derivative Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:to="us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Derivative Instruments [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:to="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Other Derivatives Not Designated As Hedging Instruments Statements Of Financial Performance And Financial Position Location Table [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeInstrumentVolumeOfActivityTableTextBlock" xlink:type="locator" xlink:label="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Tabular disclosure of derivative instrument volume of activity during the period. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock" xlink:to="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Instrument Volume of Activity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeInstrumentVolumeOfActivityTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Instrument Volume Of Activity Table [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock" xlink:type="locator" xlink:label="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative and other financial instrument cash collateral. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock" xlink:to="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Instruments and Other Financial Instrument Cash Collateral </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAndOtherFinancialInstrumentCashCollateralTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative And Other Financial Instrument Cash Collateral Table [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:type="locator" xlink:label="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Tabular disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:to="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Offsetting of Financial Assets and Liabilities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingOfFinancialAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting Of Financial Assets And Liabilities Table [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Summary of Significant Inputs to Fair Value Measurement </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques Table [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Instruments Measured at Fair Value on a Recurring Basis </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Table [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Change in Fair Value of Level 3 Financial Assets and Liabilities that are Measured at Fair Value on Recurring Basis </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Computations of Basic and Diluted Earnings (Loss) Per Share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Earnings Per Share Basic And Diluted Table [Text Block] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_RequiredAnnualDistributionOfTaxableIncome" xlink:type="locator" xlink:label="ai_RequiredAnnualDistributionOfTaxableIncome"/>
<link:label xml:lang="en-US" xlink:label="ai_RequiredAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The percentage of annual taxable income that is required to be distributed, subject to certain adjustments, to qualify to be taxed as a REIT under Internal Revenue Code of 1986. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_RequiredAnnualDistributionOfTaxableIncome" xlink:to="ai_RequiredAnnualDistributionOfTaxableIncome_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_IntendedAnnualDistributionOfTaxableIncome" xlink:type="locator" xlink:label="ai_IntendedAnnualDistributionOfTaxableIncome"/>
<link:label xml:lang="en-US" xlink:label="ai_IntendedAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The percentage of annual taxable income that the Company intends to distribute to shareholders. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_IntendedAnnualDistributionOfTaxableIncome" xlink:to="ai_IntendedAnnualDistributionOfTaxableIncome_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_RequiredAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Required annual distribution of taxable income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_RequiredAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Required Annual Distribution Of Taxable Income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_IntendedAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Intended annual distribution of taxable income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_IntendedAnnualDistributionOfTaxableIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Intended Annual Distribution Of Taxable Income </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds" xlink:type="locator" xlink:label="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds"/>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Percentage of cash equivalents invested in money market funds. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds" xlink:to="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_SummaryOfSignificantAccountingPoliciesLineItems" xlink:type="locator" xlink:label="ai_SummaryOfSignificantAccountingPoliciesLineItems"/>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Summary of significant accounting policies. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SummaryOfSignificantAccountingPoliciesLineItems" xlink:to="ai_SummaryOfSignificantAccountingPoliciesLineItems_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_SummaryOfSignificantAccountingPoliciesTable" xlink:type="locator" xlink:label="ai_SummaryOfSignificantAccountingPoliciesTable"/>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Summary of significant accounting policies table. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SummaryOfSignificantAccountingPoliciesTable" xlink:to="ai_SummaryOfSignificantAccountingPoliciesTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Summary Of Significant Accounting Policies [Table] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Summary Of Significant Accounting Policies [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:type="locator" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accounting Standards Update </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:to="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Adjustments For New Accounting Pronouncements [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:type="locator" xlink:label="us-gaap_TypeOfAdoptionMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accounting Standards Update </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfAdoptionMember" xlink:to="us-gaap_TypeOfAdoptionMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Type Of Adoption [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingStandardsUpdate201613Member" xlink:type="locator" xlink:label="us-gaap_AccountingStandardsUpdate201613Member"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccountingStandardsUpdate201613Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> ASU No. 2016-13 </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingStandardsUpdate201613Member" xlink:to="us-gaap_AccountingStandardsUpdate201613Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccountingStandardsUpdate201613Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accounting Standards Update201613 [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AccountingStandardsUpdate202004Member" xlink:type="locator" xlink:label="ai_AccountingStandardsUpdate202004Member"/>
<link:label xml:lang="en-US" xlink:label="ai_AccountingStandardsUpdate202004Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Accounting Standards Update 2019-12 Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AccountingStandardsUpdate202004Member" xlink:to="ai_AccountingStandardsUpdate202004Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_AccountingStandardsUpdate202004Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> ASU No. 2020-04 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AccountingStandardsUpdate202004Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accounting Standards Update202004 [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Summary Of Significant Accounting Policies [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Summary Of Significant Accounting Policies [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash Equivalents Percentage Held in Us Government Backed Securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfCashEquivalentsInvestedInMoneyMarketFunds_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Percentage Of Cash Equivalents Invested In Money Market Funds </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted" xlink:type="locator" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Change in Accounting Principle, Accounting Standards Update, Adopted </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted" xlink:to="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Change In Accounting Principle Accounting Standards Update Adopted </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate" xlink:type="locator" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Change in Accounting Principle, Accounting Standards Update, Adoption Date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate" xlink:to="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Change In Accounting Principle Accounting Standards Update Adoption Date </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect" xlink:type="locator" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Change in Accounting Principle, Accounting Standards Update, Immaterial Effect </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect" xlink:to="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Change In Accounting Principle Accounting Standards Update Immaterial Effect </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Fair Value of MBS </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract" xlink:type="locator" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net gains (losses) recognized in earnings for: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract" xlink:to="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Net Realized Or Unrealized Gain Loss On Trading Securities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingUnrealizedGainLoss" xlink:type="locator" xlink:label="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MBS still held at period end </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss" xlink:to="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Securities Trading Unrealized Gain Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingRealizedGainLoss" xlink:type="locator" xlink:label="us-gaap_DebtSecuritiesTradingRealizedGainLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingRealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> MBS sold during the period </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesTradingRealizedGainLoss" xlink:to="us-gaap_DebtSecuritiesTradingRealizedGainLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingRealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Securities Trading Realized Gain Loss </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Mortgage credit securities still held at period end </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtSecuritiesTradingRealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage credit securities sold during the period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Investments [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsTable" xlink:to="us-gaap_ScheduleOfInvestmentsTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Investments [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:type="locator" xlink:label="us-gaap_InvestmentTypeAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Investment Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="us-gaap_InvestmentTypeAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:type="locator" xlink:label="us-gaap_InvestmentTypeCategorizationMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Investments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeCategorizationMember" xlink:to="us-gaap_InvestmentTypeCategorizationMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Type Categorization [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_CommercialRealEstateMortgageLoanMember" xlink:type="locator" xlink:label="ai_CommercialRealEstateMortgageLoanMember"/>
<link:label xml:lang="en-US" xlink:label="ai_CommercialRealEstateMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Commercial real estate mortgage loan. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CommercialRealEstateMortgageLoanMember" xlink:to="ai_CommercialRealEstateMortgageLoanMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_CommercialRealEstateMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Commercial Real Estate Mortgage Loan </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CommercialRealEstateMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Commercial Real Estate Mortgage Loan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:type="locator" xlink:label="srt_RangeAxis"/>
<link:label xml:lang="en-US" xlink:label="srt_RangeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Statistical Measurement </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_RangeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Range [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:type="locator" xlink:label="srt_RangeMember"/>
<link:label xml:lang="en-US" xlink:label="srt_RangeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Statistical Measurement </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeMember" xlink:to="srt_RangeMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_RangeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Range [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:type="locator" xlink:label="srt_MinimumMember"/>
<link:label xml:lang="en-US" xlink:label="srt_MinimumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Minimum </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_MinimumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Minimum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MaximumMember" xlink:type="locator" xlink:label="srt_MaximumMember"/>
<link:label xml:lang="en-US" xlink:label="srt_MaximumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Maximum </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_MaximumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Maximum [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_HealthcareFacilitiesMortgageLoanMember" xlink:type="locator" xlink:label="ai_HealthcareFacilitiesMortgageLoanMember"/>
<link:label xml:lang="en-US" xlink:label="ai_HealthcareFacilitiesMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Healthcare facilities mortgage loan. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_HealthcareFacilitiesMortgageLoanMember" xlink:to="ai_HealthcareFacilitiesMortgageLoanMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_HealthcareFacilitiesMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Healthcare Facilities Mortgage Loan </link:label>
<link:label xml:lang="en-US" xlink:label="ai_HealthcareFacilitiesMortgageLoanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Healthcare Facilities Mortgage Loan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoanPurchaseCommitmentsMember" xlink:type="locator" xlink:label="us-gaap_LoanPurchaseCommitmentsMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoanPurchaseCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loan Purchase </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoanPurchaseCommitmentsMember" xlink:to="us-gaap_LoanPurchaseCommitmentsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoanPurchaseCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Loan Purchase Commitments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:type="locator" xlink:label="us-gaap_RevolvingCreditFacilityMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Revolving Credit Facility </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevolvingCreditFacilityMember" xlink:to="us-gaap_RevolvingCreditFacilityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Revolving Credit Facility [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Investments [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems" xlink:to="us-gaap_ScheduleOfInvestmentsLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Investments [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NotesReceivableNet" xlink:type="locator" xlink:label="us-gaap_NotesReceivableNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Outstanding principal balance </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesReceivableNet" xlink:to="us-gaap_NotesReceivableNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Notes Receivable Net </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageLoanDescriptionOfVariableRateBasis" xlink:type="locator" xlink:label="ai_MortgageLoanDescriptionOfVariableRateBasis"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The reference rate for the variable rate of the instrument. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageLoanDescriptionOfVariableRateBasis" xlink:to="ai_MortgageLoanDescriptionOfVariableRateBasis_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_AvailablePeriodForExtension" xlink:type="locator" xlink:label="ai_AvailablePeriodForExtension"/>
<link:label xml:lang="en-US" xlink:label="ai_AvailablePeriodForExtension_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Available period for extension. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AvailablePeriodForExtension" xlink:to="ai_AvailablePeriodForExtension_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Loan Rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Loan Description Of Variable Rate Basis </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentInterestRate" xlink:type="locator" xlink:label="us-gaap_InvestmentInterestRate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Loan LIBOR floor rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentInterestRate" xlink:to="us-gaap_InvestmentInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentMaturityDate" xlink:type="locator" xlink:label="us-gaap_InvestmentMaturityDate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Loan maturity date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentMaturityDate" xlink:to="us-gaap_InvestmentMaturityDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Maturity Date </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AvailablePeriodForExtension_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Available period for extension </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AvailablePeriodForExtension_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Available Period For Extension </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Fair value of loans held for investment </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_LineOfCreditFacilityCommittedFund" xlink:type="locator" xlink:label="ai_LineOfCreditFacilityCommittedFund"/>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityCommittedFund_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Line of credit facility committed fund. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_LineOfCreditFacilityCommittedFund" xlink:to="ai_LineOfCreditFacilityCommittedFund_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_LineOfCreditFacilityUnfundedCommitment" xlink:type="locator" xlink:label="ai_LineOfCreditFacilityUnfundedCommitment"/>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityUnfundedCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Line of credit facility unfunded commitment. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_LineOfCreditFacilityUnfundedCommitment" xlink:to="ai_LineOfCreditFacilityUnfundedCommitment_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityCommittedFund_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Revolving credit facility, committed fund </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityCommittedFund_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Line Of Credit Facility Committed Fund </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCredit" xlink:type="locator" xlink:label="us-gaap_LineOfCredit"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCredit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Revolving credit facility </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCredit" xlink:to="us-gaap_LineOfCredit_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCredit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Line Of Credit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:type="locator" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Revolving credit facility maturity date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityExpirationDate1" xlink:to="us-gaap_LineOfCreditFacilityExpirationDate1_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Line Of Credit Facility Expiration Date1 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:type="locator" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Unused commitment fee percentage </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:to="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Line Of Credit Facility Unused Capacity Commitment Fee Percentage </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityUnfundedCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Revolving credit facility, unfunded commitment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LineOfCreditFacilityUnfundedCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Line Of Credit Facility Unfunded Commitment </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty" xlink:type="locator" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty"/>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Minimum amount of capital commitment for investments to counterparty. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty" xlink:to="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration" xlink:type="locator" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration"/>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Minimum amount of capital commitment for investments to counterparty period of expiration. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration" xlink:to="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_MSRServicingFeeBasisPoints" xlink:type="locator" xlink:label="ai_MSRServicingFeeBasisPoints"/>
<link:label xml:lang="en-US" xlink:label="ai_MSRServicingFeeBasisPoints_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> MSR servicing fee basis points. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MSRServicingFeeBasisPoints" xlink:to="ai_MSRServicingFeeBasisPoints_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Accounts Notes Loans And Financing Receivable [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:to="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Accounts Notes Loans And Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_StatementScenarioAxis" xlink:type="locator" xlink:label="srt_StatementScenarioAxis"/>
<link:label xml:lang="en-US" xlink:label="srt_StatementScenarioAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Scenario </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementScenarioAxis" xlink:to="srt_StatementScenarioAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_StatementScenarioAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Statement Scenario [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ScenarioUnspecifiedDomain" xlink:type="locator" xlink:label="srt_ScenarioUnspecifiedDomain"/>
<link:label xml:lang="en-US" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Scenario </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ScenarioUnspecifiedDomain" xlink:to="srt_ScenarioUnspecifiedDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Scenario Unspecified [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ScenarioForecastMember" xlink:type="locator" xlink:label="srt_ScenarioForecastMember"/>
<link:label xml:lang="en-US" xlink:label="srt_ScenarioForecastMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Scenario, Forecast </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ScenarioForecastMember" xlink:to="srt_ScenarioForecastMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_ScenarioForecastMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Scenario Forecast [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:type="locator" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accounts Notes And Loans Receivable [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:to="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accounts Notes And Loans Receivable [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MSRServicingFeeBasisPoints_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MSR servicing fee basis points </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MSRServicingFeeBasisPoints_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> M S R Servicing Fee Basis Points </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Minimum amount of capital commitment for investments to counterparty </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterparty_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Minimum Amount Of Capital Commitment For Investments To Counterparty </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Minimum amount of capital commitment for investments to counterparty period of expiration </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MinimumAmountOfCapitalCommitmentForInvestmentsToCounterpartyPeriodOfExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Minimum Amount Of Capital Commitment For Investments To Counterparty Period Of Expiration </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_CapitalInvestments" xlink:type="locator" xlink:label="ai_CapitalInvestments"/>
<link:label xml:lang="en-US" xlink:label="ai_CapitalInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Capital Investments. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CapitalInvestments" xlink:to="ai_CapitalInvestments_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_AccretionOfInterestIncome" xlink:type="locator" xlink:label="ai_AccretionOfInterestIncome"/>
<link:label xml:lang="en-US" xlink:label="ai_AccretionOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Accretion of Interest Income. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AccretionOfInterestIncome" xlink:to="ai_AccretionOfInterestIncome_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_AmortizationOfInterestIncome" xlink:type="locator" xlink:label="ai_AmortizationOfInterestIncome"/>
<link:label xml:lang="en-US" xlink:label="ai_AmortizationOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Amortization of Interest Income. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AmortizationOfInterestIncome" xlink:to="ai_AmortizationOfInterestIncome_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_ChangesInValuationInputsAndAssumptions" xlink:type="locator" xlink:label="ai_ChangesInValuationInputsAndAssumptions"/>
<link:label xml:lang="en-US" xlink:label="ai_ChangesInValuationInputsAndAssumptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Changes in Valuation Inputs and Assumptions. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ChangesInValuationInputsAndAssumptions" xlink:to="ai_ChangesInValuationInputsAndAssumptions_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Balance at period beginning </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Capital investments </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Capital Investments </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AccretionOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accretion of interest income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AccretionOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Accretion Of Interest Income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AmortizationOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Amortization of underlying MSRs </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AmortizationOfInterestIncome_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Amortization Of Interest Income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ChangesInValuationInputsAndAssumptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Changes in valuation inputs and assumptions </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ChangesInValuationInputsAndAssumptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Changes In Valuation Inputs And Assumptions </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Balance at period end </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Variable Interest Entities [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:to="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Variable Interest Entities [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:type="locator" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Class of Financing Receivable </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:to="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivable Recorded Investment By Class Of Financing Receivable [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:type="locator" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Class of Financing Receivable </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:to="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivable Recorded Investment Class Of Financing Receivable [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnfundedLoanCommitmentMember" xlink:type="locator" xlink:label="us-gaap_UnfundedLoanCommitmentMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnfundedLoanCommitmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Unfunded Construction Draw Balance Commitment </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnfundedLoanCommitmentMember" xlink:to="us-gaap_UnfundedLoanCommitmentMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnfundedLoanCommitmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unfunded Loan Commitment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:type="locator" xlink:label="us-gaap_VariableInterestEntityLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Variable Interest Entity [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityLineItems" xlink:to="us-gaap_VariableInterestEntityLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Variable Interest Entity [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Payments to acquire investments </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel"> Mortgage loans of consolidated VIE, at fair value </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Interest receivable of consolidated VIE </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel"> Secured debt of consolidated VIE, at fair value </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel"> Interest payable of consolidated VIE </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:type="locator" xlink:label="us-gaap_InvestmentOwnedAtFairValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Investment in consolidated VIE </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Investment Owned At Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MortgageLoansOnRealEstate" xlink:type="locator" xlink:label="us-gaap_MortgageLoansOnRealEstate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Pool of mortgage loans, unpaid principal balance </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageLoansOnRealEstate" xlink:to="us-gaap_MortgageLoansOnRealEstate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Loans On Real Estate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentCarryingAmount"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Outstanding Principal </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateInterestRate" xlink:type="locator" xlink:label="srt_MortgageLoansOnRealEstateInterestRate"/>
<link:label xml:lang="en-US" xlink:label="srt_MortgageLoansOnRealEstateInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage loan, weighted average net note rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MortgageLoansOnRealEstateInterestRate" xlink:to="srt_MortgageLoansOnRealEstateInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="srt_MortgageLoansOnRealEstateInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Loans On Real Estate Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:type="locator" xlink:label="us-gaap_DebtWeightedAverageInterestRate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt obligations, weighted average coupon rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtWeightedAverageInterestRate" xlink:to="us-gaap_DebtWeightedAverageInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Weighted Average Interest Rate </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ConstructionDrawCommitmentBalance" xlink:type="locator" xlink:label="ai_ConstructionDrawCommitmentBalance"/>
<link:label xml:lang="en-US" xlink:label="ai_ConstructionDrawCommitmentBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The aggregate unfunded commitment, pursuant to the terms of certain mortgage loans, in which the borrower can draw a specified amount of funds as needed for specified improvements to the mortgage collateral of the loan. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ConstructionDrawCommitmentBalance" xlink:to="ai_ConstructionDrawCommitmentBalance_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_ConstructionDrawCommitmentBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Subordinated debt security investment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ConstructionDrawCommitmentBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Construction Draw Commitment Balance </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance" xlink:type="locator" xlink:label="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance"/>
<link:label xml:lang="en-US" xlink:label="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The excess of the fair value amount over unpaid principal balance of loans. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance" xlink:to="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivablesPeriodPastDueAxis" xlink:type="locator" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Asset, Period Past Due </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivablesPeriodPastDueAxis" xlink:to="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivables Period Past Due [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:type="locator" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Asset, Period Past Due </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:to="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivables Period Past Due [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivables60To89DaysPastDueMember" xlink:type="locator" xlink:label="us-gaap_FinancingReceivables60To89DaysPastDueMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivables60To89DaysPastDueMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Less than 90 Days Past Due </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivables60To89DaysPastDueMember" xlink:to="us-gaap_FinancingReceivables60To89DaysPastDueMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivables60To89DaysPastDueMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivables60 To89 Days Past Due [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:type="locator" xlink:label="us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 90 Days or More Past Due </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:to="us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financing Receivables Equal To Greater Than90 Days Past Due [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Instrument Performance Status </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:to="us-gaap_FinancialInstrumentPerformanceStatusAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financial Instrument Performance Status [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial Instrument Performance Status </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:to="us-gaap_FinancialInstrumentPerformanceStatusDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentPerformanceStatusDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financial Instrument Performance Status [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PerformingFinancingReceivableMember" xlink:type="locator" xlink:label="us-gaap_PerformingFinancingReceivableMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PerformingFinancingReceivableMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accrual Status </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PerformingFinancingReceivableMember" xlink:to="us-gaap_PerformingFinancingReceivableMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PerformingFinancingReceivableMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Performing Financing Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NonperformingFinancingReceivableMember" xlink:type="locator" xlink:label="us-gaap_NonperformingFinancingReceivableMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NonperformingFinancingReceivableMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Non-accrual Status </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonperformingFinancingReceivableMember" xlink:to="us-gaap_NonperformingFinancingReceivableMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_NonperformingFinancingReceivableMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Nonperforming Financing Receivable [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveVerboseLabel"> Mortgage loans of consolidated VIE </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveVerboseLabel"> Pool of mortgage loans, unpaid principal balance </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel"> Difference </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AggregateDifferenceOfFairValueLoansOverUnpaidPrincipalBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Aggregate Difference Of Fair Value Loans Over Unpaid Principal Balance </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageLoanOptionalMaturityDateExtensionPeriod" xlink:type="locator" xlink:label="ai_MortgageLoanOptionalMaturityDateExtensionPeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanOptionalMaturityDateExtensionPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Mortgage loan optional maturity date extension period in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageLoanOptionalMaturityDateExtensionPeriod" xlink:to="ai_MortgageLoanOptionalMaturityDateExtensionPeriod_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt Instrument [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateAxis" xlink:type="locator" xlink:label="us-gaap_VariableRateAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Variable Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableRateAxis" xlink:to="us-gaap_VariableRateAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Variable Rate [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateDomain" xlink:type="locator" xlink:label="us-gaap_VariableRateDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Variable Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableRateDomain" xlink:to="us-gaap_VariableRateDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Variable Rate [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OneMonthLiborMember" xlink:type="locator" xlink:label="ai_OneMonthLiborMember"/>
<link:label xml:lang="en-US" xlink:label="ai_OneMonthLiborMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> One Month Libor </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OneMonthLiborMember" xlink:to="ai_OneMonthLiborMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OneMonthLiborMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> One-Month LIBOR </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OneMonthLiborMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> One Month Libor [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SeniorNotesDue2023Member" xlink:type="locator" xlink:label="ai_SeniorNotesDue2023Member"/>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2023Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Senior notes due 2023. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SeniorNotesDue2023Member" xlink:to="ai_SeniorNotesDue2023Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2023Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Senior Notes Due 2023 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2023Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Senior Notes Due2023 [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Unsecured Debentures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:type="locator" xlink:label="us-gaap_SubsequentEventTypeAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Subsequent Event Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Subsequent Event Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:type="locator" xlink:label="us-gaap_SubsequentEventTypeDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Subsequent Event Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeDomain" xlink:to="us-gaap_SubsequentEventTypeDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Subsequent Event Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventMember" xlink:type="locator" xlink:label="us-gaap_SubsequentEventMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Subsequent Event </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Subsequent Event [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt Instrument [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentTerm"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MBS repurchase agreement contract duration </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTerm" xlink:to="us-gaap_DebtInstrumentTerm_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Term </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage Loan Rate </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage loan maturity date </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_InvestmentInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage loan floor rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanOptionalMaturityDateExtensionPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage loan maturity date extension option </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageLoanOptionalMaturityDateExtensionPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Loan Optional Maturity Date Extension Period </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_RepurchaseAgreementNetAmount" xlink:type="locator" xlink:label="ai_RepurchaseAgreementNetAmount"/>
<link:label xml:lang="en-US" xlink:label="ai_RepurchaseAgreementNetAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Represents the excess of the fair value of pledged collateral over its corresponding repurchase obligation. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_RepurchaseAgreementNetAmount" xlink:to="ai_RepurchaseAgreementNetAmount_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate" xlink:type="locator" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate"/>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Interest rate on the amount to be repaid to the counterparty to the repurchase agreement upon maturity or termination. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate" xlink:to="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_WeightedAverageTermToMaturityPeriod" xlink:type="locator" xlink:label="ai_WeightedAverageTermToMaturityPeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_WeightedAverageTermToMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Weighted average term to maturity period. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_WeightedAverageTermToMaturityPeriod" xlink:to="ai_WeightedAverageTermToMaturityPeriod_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Repurchase Agreement Counterparty [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable" xlink:to="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Repurchase Agreement Counterparty [Table] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Agency MBS repurchase financing </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:type="locator" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage loans repurchase financing </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:to="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Commercial Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyLineItems" xlink:type="locator" xlink:label="us-gaap_RepurchaseAgreementCounterpartyLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementCounterpartyLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase Agreement Counterparty [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepurchaseAgreementCounterpartyLineItems" xlink:to="us-gaap_RepurchaseAgreementCounterpartyLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementCounterpartyLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Repurchase Agreement Counterparty [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Repurchase agreements outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements" xlink:type="locator" xlink:label="us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Mortgage investments collateral, at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements" xlink:to="us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_RepurchaseAgreementNetAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Net amount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_RepurchaseAgreementNetAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Repurchase Agreement Net Amount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase Weighted Average Rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_WeightedAverageTermToMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average term to maturity (in days) </link:label>
<link:label xml:lang="en-US" xlink:label="ai_WeightedAverageTermToMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Weighted Average Term To Maturity Period </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_UnsettledAgencyMortgageBackedSecuritiesMember" xlink:type="locator" xlink:label="ai_UnsettledAgencyMortgageBackedSecuritiesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledAgencyMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Unsettled agency mortgage backed securities. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_UnsettledAgencyMortgageBackedSecuritiesMember" xlink:to="ai_UnsettledAgencyMortgageBackedSecuritiesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledAgencyMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Pledged as Collateral for Repurchase Agreements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledAgencyMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unsettled Agency Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance" xlink:type="locator" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance"/>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The weighted-average carrying value during the period of securities that an institution sells and agrees to repurchase (the identical or substantially the same securities) as a seller-borrower at a specified date for a specified price, also known as a repurchase agreement, or repo. Most repos involve obligations of the federal government or its agencies, but other financial instruments, such as commercial paper, banker's acceptances, and negotiable certificates of deposit, are sometimes used in repos. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance" xlink:to="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate" xlink:type="locator" xlink:label="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate"/>
<link:label xml:lang="en-US" xlink:label="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The weighted-average interest rate on the amount to be repaid to the counterparty to the repurchase agreement upon maturity or termination. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate" xlink:to="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average outstanding balance </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AssetsSoldUnderAgreementsToRepurchaseWeightedAverageOutstandingBalance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase Weighted Average Outstanding Balance </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Securities Sold Under Agreements To Repurchase Weighted Average Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:type="locator" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Unamortized debt issuance costs </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnamortizedDebtIssuanceExpense" xlink:to="us-gaap_UnamortizedDebtIssuanceExpense_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unamortized Debt Issuance Expense </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SeniorNotesDue2025Member" xlink:type="locator" xlink:label="ai_SeniorNotesDue2025Member"/>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2025Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Senior notes due 2025. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SeniorNotesDue2025Member" xlink:to="ai_SeniorNotesDue2025Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2025Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Senior Notes Due 2025 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SeniorNotesDue2025Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Senior Notes Due2025 [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TrustPreferredDebtMember" xlink:type="locator" xlink:label="ai_TrustPreferredDebtMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TrustPreferredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Trust Preferred Debt [Member] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TrustPreferredDebtMember" xlink:to="ai_TrustPreferredDebtMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TrustPreferredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Trust Preferred Debt </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TrustPreferredDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Trust Preferred Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Annual Interest Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Interest Rate Stated Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentPaymentTerms" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentPaymentTerms"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Payment Frequency </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPaymentTerms" xlink:to="us-gaap_DebtInstrumentPaymentTerms_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Payment Terms </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongtermDebtWeightedAverageInterestRate" xlink:type="locator" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-Average Interest Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtWeightedAverageInterestRate" xlink:to="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Longterm Debt Weighted Average Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentMaturityDate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Maturity </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="us-gaap_DebtInstrumentMaturityDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Maturity Date </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DebtInstrumentMaturityPeriod" xlink:type="locator" xlink:label="ai_DebtInstrumentMaturityPeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Debt instrument maturity period. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DebtInstrumentMaturityPeriod" xlink:to="ai_DebtInstrumentMaturityPeriod_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Annual Interest Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:to="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Description Of Variable Rate Basis </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentMaturityPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Maturity Period </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod" xlink:type="locator" xlink:label="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Debt instrument repurchased face amount during the period. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod" xlink:to="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_DebtInstrumentRepurchaseAmountDuringThePeriod" xlink:type="locator" xlink:label="ai_DebtInstrumentRepurchaseAmountDuringThePeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchaseAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Debt instrument repurchase amount during the period. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DebtInstrumentRepurchaseAmountDuringThePeriod" xlink:to="ai_DebtInstrumentRepurchaseAmountDuringThePeriod_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Principal balance of Senior Notes repurchased </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchasedFaceAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Repurchased Face Amount During The Period </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchaseAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Principal balance of Senior Notes repurchased purchase price </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRepurchaseAmountDuringThePeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Repurchase Amount During The Period </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DebtInstrumentRedemptionAmount" xlink:type="locator" xlink:label="ai_DebtInstrumentRedemptionAmount"/>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRedemptionAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Debt instrument redemption amount. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DebtInstrumentRedemptionAmount" xlink:to="ai_DebtInstrumentRedemptionAmount_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt instrument, issued </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Face Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:type="locator" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net proceeds from after deducting underwriter discounts </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Proceeds From Issuance Of Senior Long Term Debt </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRedemptionAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt instrument redemption amount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DebtInstrumentRedemptionAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Redemption Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:type="locator" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Debt instrument redemption price percentage </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:to="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Debt Instrument Redemption Price Percentage </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TenYearUsTreasuryNoteFuturesMember" xlink:type="locator" xlink:label="ai_TenYearUsTreasuryNoteFuturesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TenYearUsTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> 10-year U.S. Treasury Note Futures [Member] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TenYearUsTreasuryNoteFuturesMember" xlink:to="ai_TenYearUsTreasuryNoteFuturesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TenYearUsTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 10-year U.S. Treasury Note Futures </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TenYearUsTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Ten Year Us Treasury Note Futures [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAssets" xlink:type="locator" xlink:label="us-gaap_DerivativeAssets"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Derivative Assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Assets </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Liabilities </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeAverageInterestRateNet" xlink:type="locator" xlink:label="ai_DerivativeAverageInterestRateNet"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAverageInterestRateNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative average interest rate net. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeAverageInterestRateNet" xlink:to="ai_DerivativeAverageInterestRateNet_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis" xlink:type="locator" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase Agreements and Similar Transactions, Maturity Periods </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis" xlink:to="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase Maturity Periods [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain" xlink:type="locator" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase Agreements and Similar Transactions, Maturity Periods </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain" xlink:to="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase Maturity Period [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_LessThanThreeYearMaturityMember" xlink:type="locator" xlink:label="ai_LessThanThreeYearMaturityMember"/>
<link:label xml:lang="en-US" xlink:label="ai_LessThanThreeYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Less than three year maturity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_LessThanThreeYearMaturityMember" xlink:to="ai_LessThanThreeYearMaturityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_LessThanThreeYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Less Than Three Years Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_LessThanThreeYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Less Than Three Year Maturity [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ThreeToLessThanSevenYearMaturityMember" xlink:type="locator" xlink:label="ai_ThreeToLessThanSevenYearMaturityMember"/>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanSevenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Three to less than seven year maturity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ThreeToLessThanSevenYearMaturityMember" xlink:to="ai_ThreeToLessThanSevenYearMaturityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanSevenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Three to Less Than Seven Years Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanSevenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Three To Less Than Seven Year Maturity [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SevenToLessThanTenYearsMaturityMember" xlink:type="locator" xlink:label="ai_SevenToLessThanTenYearsMaturityMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SevenToLessThanTenYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Seven to less than ten years maturity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SevenToLessThanTenYearsMaturityMember" xlink:to="ai_SevenToLessThanTenYearsMaturityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SevenToLessThanTenYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Seven to Less Than Ten Years Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SevenToLessThanTenYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Seven To Less Than Ten Years Maturity [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TenOrMoreYearsMaturityMember" xlink:type="locator" xlink:label="ai_TenOrMoreYearsMaturityMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TenOrMoreYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Ten or more years maturity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TenOrMoreYearsMaturityMember" xlink:to="ai_TenOrMoreYearsMaturityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TenOrMoreYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Ten or More Years Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TenOrMoreYearsMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Ten Or More Years Maturity [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ThreeToLessThanTenYearMaturityMember" xlink:type="locator" xlink:label="ai_ThreeToLessThanTenYearMaturityMember"/>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanTenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Three to less than ten year maturity. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ThreeToLessThanTenYearMaturityMember" xlink:to="ai_ThreeToLessThanTenYearMaturityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanTenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Three To Less Than Ten Years Maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ThreeToLessThanTenYearMaturityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Three To Less Than Ten Year Maturity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeNotionalAmount" xlink:type="locator" xlink:label="us-gaap_DerivativeNotionalAmount"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Notional Amount </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeNotionalAmount" xlink:to="us-gaap_DerivativeNotionalAmount_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Notional Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAverageFixedInterestRate" xlink:type="locator" xlink:label="us-gaap_DerivativeAverageFixedInterestRate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageFixedInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average: Fixed Pay Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAverageFixedInterestRate" xlink:to="us-gaap_DerivativeAverageFixedInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageFixedInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Average Fixed Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAverageVariableInterestRate" xlink:type="locator" xlink:label="us-gaap_DerivativeAverageVariableInterestRate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageVariableInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average: Variable Receive Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAverageVariableInterestRate" xlink:to="us-gaap_DerivativeAverageVariableInterestRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageVariableInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Average Variable Interest Rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAverageInterestRateNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average: Net Receive (Pay) Rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAverageInterestRateNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Average Interest Rate Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAverageRemainingMaturity1" xlink:type="locator" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Weighted-average: Remaining Life (in years) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAverageRemainingMaturity1" xlink:to="us-gaap_DerivativeAverageRemainingMaturity1_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Average Remaining Maturity1 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Fair Value, Asset and (Liability) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeNet" xlink:to="us-gaap_DerivativeFairValueOfDerivativeNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Fair Value Of Derivative Net </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeMaturityMonthAndYear" xlink:type="locator" xlink:label="ai_DerivativeMaturityMonthAndYear"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMaturityMonthAndYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative maturity month and year. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeMaturityMonthAndYear" xlink:to="ai_DerivativeMaturityMonthAndYear_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeTable" xlink:type="locator" xlink:label="us-gaap_DerivativeTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeTable" xlink:to="us-gaap_DerivativeTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative [Table] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_USTreasuryNoteFuturesMember" xlink:type="locator" xlink:label="ai_USTreasuryNoteFuturesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_USTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> US treasury note futures. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_USTreasuryNoteFuturesMember" xlink:to="ai_USTreasuryNoteFuturesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_USTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> U.S. Treasury Note Futures </link:label>
<link:label xml:lang="en-US" xlink:label="ai_USTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> U S Treasury Note Futures [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OptionsOnUSTreasuryNoteFuturesMember" xlink:type="locator" xlink:label="ai_OptionsOnUSTreasuryNoteFuturesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_OptionsOnUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Options On US Treasury Note Futures. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OptionsOnUSTreasuryNoteFuturesMember" xlink:to="ai_OptionsOnUSTreasuryNoteFuturesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OptionsOnUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Options on U.S. Treasury Note Futures </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OptionsOnUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Options On U S Treasury Note Futures [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeLineItems" xlink:type="locator" xlink:label="us-gaap_DerivativeLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLineItems" xlink:to="us-gaap_DerivativeLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMaturityMonthAndYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative maturity </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMaturityMonthAndYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Maturity Month And Year </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeOutstandingOptions" xlink:type="locator" xlink:label="ai_DerivativeOutstandingOptions"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeOutstandingOptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative outstanding options. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeOutstandingOptions" xlink:to="ai_DerivativeOutstandingOptions_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeOutstandingOptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative outstanding options </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeOutstandingOptions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Outstanding Options </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment" xlink:type="locator" xlink:label="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative contractual forward price purchase and (sales) commitment. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment" xlink:to="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeMarketPricePurchaseAndSalesCommitment" xlink:type="locator" xlink:label="ai_DerivativeMarketPricePurchaseAndSalesCommitment"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMarketPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Derivative market price purchase and (sales) commitment. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeMarketPricePurchaseAndSalesCommitment" xlink:to="ai_DerivativeMarketPricePurchaseAndSalesCommitment_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis" xlink:type="locator" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Securities or Other Assets Sold under Agreements to Repurchase </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis" xlink:to="us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain" xlink:type="locator" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Assets Sold under Agreements to Repurchase, Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain" xlink:to="us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Sold Under Agreements To Repurchase Type [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:type="locator" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember"/>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> One point five percent thirty year mortgage backed securities purchase sale commitments purchase. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:to="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> One Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Purchase </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> One Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Purchase [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:type="locator" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember"/>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> One point five percent thirty year mortgage backed securities purchase sale commitments sale. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:to="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> One Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OnePointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> One Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:type="locator" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Two percent thirty year mortgage backed securities purchase sale commitments purchase. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:to="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Two Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments, Purchase </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Two Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Purchase [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:type="locator" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Two percent thirty year mortgage backed securities purchase sale commitments sale. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:to="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Two Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TwoPercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Two Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:type="locator" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Two point five percent thirty year mortgage backed securities purchase (sale) commitments, purchase. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember" xlink:to="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Two Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments, Purchase </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsPurchaseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Two Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Purchase [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:type="locator" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Two point five percent thirty year mortgage backed securities purchase (sale) commitments, sale. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember" xlink:to="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Two Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TwoPointFivePercentThirtyYearMortgageBackedSecuritiesPurchaseSaleCommitmentsSaleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Two Point Five Percent Thirty Year Mortgage Backed Securities Purchase Sale Commitments Sale [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Notional Amount: Net Purchase Commitment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Contractual Forward Price </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeContractualForwardPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Contractual Forward Price Purchase And Sales Commitment </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMarketPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Market Price </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeMarketPricePurchaseAndSalesCommitment_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Market Price Purchase And Sales Commitment </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Asset </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel"> Fair Value, Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:type="locator" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:to="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Assets Liabilities At Fair Value Net </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_GainLossOnOtherDerivatives" xlink:type="locator" xlink:label="ai_GainLossOnOtherDerivatives"/>
<link:label xml:lang="en-US" xlink:label="ai_GainLossOnOtherDerivatives_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Gain loss on other derivatives. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_GainLossOnOtherDerivatives" xlink:to="ai_GainLossOnOtherDerivatives_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_USTreasuryNotesSecuritiesMember" xlink:type="locator" xlink:label="us-gaap_USTreasuryNotesSecuritiesMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_USTreasuryNotesSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> U.S. Treasury Note Futures, Net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasuryNotesSecuritiesMember" xlink:to="us-gaap_USTreasuryNotesSecuritiesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_USTreasuryNotesSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> U S Treasury Notes Securities [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_InterestRateSwapsNetInterestIncomeExpenseMember" xlink:type="locator" xlink:label="ai_InterestRateSwapsNetInterestIncomeExpenseMember"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsNetInterestIncomeExpenseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Interest rate swaps net interest income (expense). </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_InterestRateSwapsNetInterestIncomeExpenseMember" xlink:to="ai_InterestRateSwapsNetInterestIncomeExpenseMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsNetInterestIncomeExpenseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Rate Swaps Net Interest (Expense) Income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsNetInterestIncomeExpenseMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Rate Swaps Net Interest Income Expense [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_InterestRateSwapsUnrealizedGainsLossesNetMember" xlink:type="locator" xlink:label="ai_InterestRateSwapsUnrealizedGainsLossesNetMember"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsUnrealizedGainsLossesNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Interest rate swaps unrealized gains losses net. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_InterestRateSwapsUnrealizedGainsLossesNetMember" xlink:to="ai_InterestRateSwapsUnrealizedGainsLossesNetMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsUnrealizedGainsLossesNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Unrealized (Losses) Gains, Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsUnrealizedGainsLossesNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Rate Swaps Unrealized Gains Losses Net [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember" xlink:type="locator" xlink:label="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Interest rate swaps gains (losses) realized upon early termination net. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember" xlink:to="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest Rate Swaps Losses Realized Upon Early Termination, Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_InterestRateSwapsGainsLossesRealizedUponEarlyTerminationNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Interest Rate Swaps Gains Losses Realized Upon Early Termination Net [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OptionsOnUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Options on U.S. Treasury Note Futures, Net </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_TbaDollarRollIncomeMember" xlink:type="locator" xlink:label="ai_TbaDollarRollIncomeMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TbaDollarRollIncomeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> TBA Dollar Roll Income [Member] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TbaDollarRollIncomeMember" xlink:to="ai_TbaDollarRollIncomeMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TbaDollarRollIncomeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> TBA Dollar Roll Income </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TbaDollarRollIncomeMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Tba Dollar Roll Income [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OtherGainsLossesOnTbaCommitmentsMember" xlink:type="locator" xlink:label="ai_OtherGainsLossesOnTbaCommitmentsMember"/>
<link:label xml:lang="en-US" xlink:label="ai_OtherGainsLossesOnTbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Other gains losses on tba commitments. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OtherGainsLossesOnTbaCommitmentsMember" xlink:to="ai_OtherGainsLossesOnTbaCommitmentsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OtherGainsLossesOnTbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other (Losses) Gains on TBA Commitments, Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OtherGainsLossesOnTbaCommitmentsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Gains Losses On Tba Commitments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:type="locator" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Interest rate derivative gains (losses), net </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:to="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:type="locator" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Gains (losses) on commitments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeGainLossOnDerivativeNet" xlink:to="us-gaap_DerivativeGainLossOnDerivativeNet_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Gain Loss On Derivative Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_GainLossOnOtherDerivatives_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other derivatives </link:label>
<link:label xml:lang="en-US" xlink:label="ai_GainLossOnOtherDerivatives_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Gain Loss On Other Derivatives </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsNetPretax_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Total derivative losses, net </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeNotionalAmountAdditions" xlink:type="locator" xlink:label="ai_DerivativeNotionalAmountAdditions"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountAdditions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Additions to notional amount of derivative instrument. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeNotionalAmountAdditions" xlink:to="ai_DerivativeNotionalAmountAdditions_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeNotionalAmountSettlements" xlink:type="locator" xlink:label="ai_DerivativeNotionalAmountSettlements"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountSettlements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Scheduled settlements to notional amount of derivative instrument. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeNotionalAmountSettlements" xlink:to="ai_DerivativeNotionalAmountSettlements_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeNotionalAmountTerminations" xlink:type="locator" xlink:label="ai_DerivativeNotionalAmountTerminations"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountTerminations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Early termination adjustment to notional amount of derivative instrument. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeNotionalAmountTerminations" xlink:to="ai_DerivativeNotionalAmountTerminations_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_TwoYearUSTreasuryNoteFuturesMember" xlink:type="locator" xlink:label="ai_TwoYearUSTreasuryNoteFuturesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoYearUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> 2-year U.S. treasury note futures. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_TwoYearUSTreasuryNoteFuturesMember" xlink:to="ai_TwoYearUSTreasuryNoteFuturesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_TwoYearUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> 2-year U.S. Treasury Note Futures </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TwoYearUSTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Two Year U S Treasury Note Futures [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember" xlink:type="locator" xlink:label="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember"/>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Purchased call options on ten year US treasury note futures. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember" xlink:to="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Purchased Call Options on Ten Year U.S. Treasury Note Futures </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PurchasedCallOptionsOnTenYearUSTreasuryNoteMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Purchased Call Options On Ten Year U S Treasury Note [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember" xlink:type="locator" xlink:label="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember"/>
<link:label xml:lang="en-US" xlink:label="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Put options on sales and purchase five hundred ETF member. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember" xlink:to="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Put Options on S&P 500 ETF </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PutOptionsOnSalesAndPurchaseFiveHundredETFMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Put Options On Sales And Purchase Five Hundred E T F [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Beginning of Period </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountAdditions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Additions </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountAdditions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Notional Amount Additions </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountSettlements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Scheduled Settlements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountSettlements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Notional Amount Settlements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountTerminations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Early Terminations </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeNotionalAmountTerminations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Notional Amount Terminations </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> End of Period </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MarginCashCollateralPosted" xlink:type="locator" xlink:label="ai_MarginCashCollateralPosted"/>
<link:label xml:lang="en-US" xlink:label="ai_MarginCashCollateralPosted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Cash collateral posted related to margin requirements on derivative and other financial instruments. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MarginCashCollateralPosted" xlink:to="ai_MarginCashCollateralPosted_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember" xlink:type="locator" xlink:label="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember"/>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Unsettled mortgage backed securities trades and tba commitments net. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember" xlink:to="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Unsettled MBS Trades and TBA Commitments, Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_UnsettledMortgageBackedSecuritiesTradesAndTbaCommitmentsNetMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Unsettled Mortgage Backed Securities Trades And Tba Commitments Net [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MarginCashCollateralPosted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cash collateral posted, net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MarginCashCollateralPosted_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Margin Cash Collateral Posted </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeAssetFairValueAmountOffset" xlink:type="locator" xlink:label="ai_DerivativeAssetFairValueAmountOffset"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAssetFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Amount of derivative asset offset in balance sheet. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeAssetFairValueAmountOffset" xlink:to="ai_DerivativeAssetFairValueAmountOffset_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_OffsettingAssetsAndLiabilitiesLineItems" xlink:type="locator" xlink:label="ai_OffsettingAssetsAndLiabilitiesLineItems"/>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OffsettingAssetsAndLiabilitiesLineItems" xlink:to="ai_OffsettingAssetsAndLiabilitiesLineItems_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_OffsettingAssetsAndLiabilitiesTable" xlink:type="locator" xlink:label="ai_OffsettingAssetsAndLiabilitiesTable"/>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Disclosure of information about derivative and financial assets and liabilities that are subject to offsetting, including enforceable master netting arrangements. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OffsettingAssetsAndLiabilitiesTable" xlink:to="ai_OffsettingAssetsAndLiabilitiesTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Offsetting Assets And Liabilities [Table] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting Assets And Liabilities [Table] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_TenYearUsTreasuryNoteFuturesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> 10-Year U.S. Treasury Note Futures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RepurchaseAgreementsMember" xlink:type="locator" xlink:label="us-gaap_RepurchaseAgreementsMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Repurchase Agreements </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepurchaseAgreementsMember" xlink:to="us-gaap_RepurchaseAgreementsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_RepurchaseAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Repurchase Agreements [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByAssetClassAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByAssetClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Asset Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByAssetClassAxis" xlink:to="us-gaap_FairValueByAssetClassAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByAssetClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value By Asset Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Asset Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation By Asset Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:type="locator" xlink:label="us-gaap_DerivativeFinancialInstrumentsAssetsMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFinancialInstrumentsAssetsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Financial Instruments, Assets </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:to="us-gaap_DerivativeFinancialInstrumentsAssetsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFinancialInstrumentsAssetsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Financial Instruments Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByLiabilityClassAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByLiabilityClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Liability Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByLiabilityClassAxis" xlink:to="us-gaap_FairValueByLiabilityClassAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByLiabilityClassAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value By Liability Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:type="locator" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value by Liability Class </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:to="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation By Liability Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:type="locator" xlink:label="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Financial Instruments, Liabilities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:to="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Financial Instruments Liabilities [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Offsetting Assets And Liabilities [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OffsettingAssetsAndLiabilitiesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting Assets And Liabilities [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OffsettingDerivativeAssetsAbstract" xlink:type="locator" xlink:label="us-gaap_OffsettingDerivativeAssetsAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OffsettingDerivativeAssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative instruments: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OffsettingDerivativeAssetsAbstract" xlink:to="us-gaap_OffsettingDerivativeAssetsAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OffsettingDerivativeAssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting Derivative Assets [Abstract] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Derivative Asset, Gross Amount Recognized </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAssetFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Asset, Amount Offset </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeAssetFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Asset Fair Value Amount Offset </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel"> Derivative Asset, Net Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:type="locator" xlink:label="us-gaap_DerivativeCollateralObligationToReturnSecurities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralObligationToReturnSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Asset, Financial Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:to="us-gaap_DerivativeCollateralObligationToReturnSecurities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralObligationToReturnSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Collateral Obligation To Return Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnCash" xlink:type="locator" xlink:label="us-gaap_DerivativeCollateralObligationToReturnCash"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralObligationToReturnCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Asset, Cash Collateral </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCollateralObligationToReturnCash" xlink:to="us-gaap_DerivativeCollateralObligationToReturnCash_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralObligationToReturnCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Collateral Obligation To Return Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Derivative Asset, Net amount Total </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:to="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_DerivativeLiabilityFairValueAmountOffset" xlink:type="locator" xlink:label="ai_DerivativeLiabilityFairValueAmountOffset"/>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeLiabilityFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Amount of derivative liability offset in balance sheet. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_DerivativeLiabilityFairValueAmountOffset" xlink:to="ai_DerivativeLiabilityFairValueAmountOffset_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OffsettingDerivativeLiabilitiesAbstract" xlink:type="locator" xlink:label="us-gaap_OffsettingDerivativeLiabilitiesAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OffsettingDerivativeLiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative instruments: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OffsettingDerivativeLiabilitiesAbstract" xlink:to="us-gaap_OffsettingDerivativeLiabilitiesAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OffsettingDerivativeLiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Offsetting Derivative Liabilities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Derivative Liabilities, Gross Amount Recognized </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:to="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Fair Value Of Derivative Liability </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeLiabilityFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Liabilities, Amount Offset </link:label>
<link:label xml:lang="en-US" xlink:label="ai_DerivativeLiabilityFairValueAmountOffset_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Liability Fair Value Amount Offset </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Derivative Liabilities, Net Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:type="locator" xlink:label="us-gaap_DerivativeCollateralRightToReclaimSecurities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralRightToReclaimSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Liabilities, Financial Instruments </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:to="us-gaap_DerivativeCollateralRightToReclaimSecurities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralRightToReclaimSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Collateral Right To Reclaim Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:type="locator" xlink:label="us-gaap_DerivativeCollateralRightToReclaimCash"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralRightToReclaimCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Derivative Liabilities, Cash Collateral </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCollateralRightToReclaimCash" xlink:to="us-gaap_DerivativeCollateralRightToReclaimCash_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeCollateralRightToReclaimCash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Collateral Right To Reclaim Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Derivative Liabilities, Net amount Total </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:to="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Hierarchy and NAV </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value By Fair Value Hierarchy Level [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Hierarchy and NAV </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurements Fair Value Hierarchy [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel3Member"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Inputs, Level 3 </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Inputs Level3 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputTypeAxis" xlink:type="locator" xlink:label="us-gaap_MeasurementInputTypeAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Measurement Input Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputTypeAxis" xlink:to="us-gaap_MeasurementInputTypeAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputTypeDomain" xlink:type="locator" xlink:label="us-gaap_MeasurementInputTypeDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Measurement Input Type </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputTypeDomain" xlink:to="us-gaap_MeasurementInputTypeDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputDefaultRateMember" xlink:type="locator" xlink:label="us-gaap_MeasurementInputDefaultRateMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDefaultRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Annualized Default Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputDefaultRateMember" xlink:to="us-gaap_MeasurementInputDefaultRateMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDefaultRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Default Rate [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputLossSeverityMember" xlink:type="locator" xlink:label="us-gaap_MeasurementInputLossSeverityMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputLossSeverityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Loss-Given-Default </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputLossSeverityMember" xlink:to="us-gaap_MeasurementInputLossSeverityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputLossSeverityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Loss Severity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputDiscountRateMember" xlink:type="locator" xlink:label="us-gaap_MeasurementInputDiscountRateMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Discount Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputDiscountRateMember" xlink:to="us-gaap_MeasurementInputDiscountRateMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Discount Rate [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubordinatedDebtMember" xlink:type="locator" xlink:label="us-gaap_SubordinatedDebtMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubordinatedDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Subordinate Debt Obligations </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubordinatedDebtMember" xlink:to="us-gaap_SubordinatedDebtMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubordinatedDebtMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Subordinated Debt [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageServicingRightsFinancingReceivablesMember" xlink:type="locator" xlink:label="ai_MortgageServicingRightsFinancingReceivablesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Mortgage servicing rights financing receivables. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageServicingRightsFinancingReceivablesMember" xlink:to="ai_MortgageServicingRightsFinancingReceivablesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MSR financing receivables [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivablesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Servicing Rights Financing Receivables [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputPrepaymentRateMember" xlink:type="locator" xlink:label="us-gaap_MeasurementInputPrepaymentRateMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputPrepaymentRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Annualized Prepayment Rate </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputPrepaymentRateMember" xlink:to="us-gaap_MeasurementInputPrepaymentRateMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputPrepaymentRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Prepayment Rate [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AnnualPerLoanCostOfServicingMember" xlink:type="locator" xlink:label="ai_AnnualPerLoanCostOfServicingMember"/>
<link:label xml:lang="en-US" xlink:label="ai_AnnualPerLoanCostOfServicingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Annual per-loan cost of servicing. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AnnualPerLoanCostOfServicingMember" xlink:to="ai_AnnualPerLoanCostOfServicingMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_AnnualPerLoanCostOfServicingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Annual per-loan Cost of Servicing(Current Loans) </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AnnualPerLoanCostOfServicingMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Annual Per Loan Cost Of Servicing [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AlternativeInvestmentMeasurementInput" xlink:type="locator" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Significant inputs to fair value measurement </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AlternativeInvestmentMeasurementInput" xlink:to="us-gaap_AlternativeInvestmentMeasurementInput_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Alternative Investment Measurement Input </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault" xlink:type="locator" xlink:label="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault"/>
<link:label xml:lang="en-US" xlink:label="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Alternative investment measurement input estimated weighted average rate of default. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault" xlink:to="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Commercial Mortgage Loan Investment </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_EquitySecuritiesOfPubliclyTradedCompaniesMember" xlink:type="locator" xlink:label="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Equity securities of publicly-traded companies. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember" xlink:to="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Equity Securities of Publicly Traded Companies </link:label>
<link:label xml:lang="en-US" xlink:label="ai_EquitySecuritiesOfPubliclyTradedCompaniesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Equity Securities Of Publicly Traded Companies [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PrivateEquityFundsMember" xlink:type="locator" xlink:label="us-gaap_PrivateEquityFundsMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PrivateEquityFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Private Equity Funds </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrivateEquityFundsMember" xlink:to="us-gaap_PrivateEquityFundsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PrivateEquityFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Private Equity Funds [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MeasurementInputStockPriceToNetAssetMultipleMember" xlink:type="locator" xlink:label="ai_MeasurementInputStockPriceToNetAssetMultipleMember"/>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputStockPriceToNetAssetMultipleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Measurement input stock price to net asset multiple. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MeasurementInputStockPriceToNetAssetMultipleMember" xlink:to="ai_MeasurementInputStockPriceToNetAssetMultipleMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputStockPriceToNetAssetMultipleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Stock Price to Net Asset Multiple </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputStockPriceToNetAssetMultipleMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Stock Price To Net Asset Multiple [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember" xlink:type="locator" xlink:label="us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Discount Factor for Lack of Marketability and Control </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember" xlink:to="us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_MeasurementInputDiscountForLackOfMarketabilityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Discount For Lack Of Marketability [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MeasurementInputCostOfEquityDiscountRateMember" xlink:type="locator" xlink:label="ai_MeasurementInputCostOfEquityDiscountRateMember"/>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputCostOfEquityDiscountRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Measurement input cost of equity discount rate. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MeasurementInputCostOfEquityDiscountRateMember" xlink:to="ai_MeasurementInputCostOfEquityDiscountRateMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputCostOfEquityDiscountRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Cost of Equity Discount Rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MeasurementInputCostOfEquityDiscountRateMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Measurement Input Cost Of Equity Discount Rate [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Estimated weighted average rate of default </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AlternativeInvestmentMeasurementInputEstimatedWeightedAverageRateOfDefault_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Alternative Investment Measurement Input Estimated Weighted Average Rate Of Default </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair value discount rate </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Present value of expected incentive fee payment reflected in fair value of MSR financing receivables </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Long-term unsecured debt, carrying value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:type="locator" xlink:label="us-gaap_LongTermDebtFairValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Long-term unsecured debt, Fair Value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtFairValue" xlink:to="us-gaap_LongTermDebtFairValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Long Term Debt Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:type="locator" xlink:label="us-gaap_OtherAssetsFairValueDisclosure"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherAssetsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Investments in equity securities and investment funds measured at fair value </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsFairValueDisclosure" xlink:to="us-gaap_OtherAssetsFairValueDisclosure_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherAssetsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Other Assets Fair Value Disclosure </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure" xlink:type="locator" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure"/>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Mortgage servicing rights financing receivable fair value disclosure. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure" xlink:to="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Measurements, Recurring </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByMeasurementFrequencyAxis" xlink:to="us-gaap_FairValueByMeasurementFrequencyAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value By Measurement Frequency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Measurement Frequency </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementFrequencyDomain" xlink:to="us-gaap_FairValueMeasurementFrequencyDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement Frequency [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementsRecurringMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Measurements, Recurring </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementsRecurringMember" xlink:to="us-gaap_FairValueMeasurementsRecurringMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurements Recurring [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Mortgage Credit Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel1Member"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Inputs, Level 1 </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Inputs Level1 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel2Member"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Fair Value, Inputs, Level 2 </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Inputs Level2 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial assets: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsFairValueDisclosureAbstract" xlink:to="us-gaap_AssetsFairValueDisclosureAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Assets Fair Value Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TradingSecurities" xlink:type="locator" xlink:label="us-gaap_TradingSecurities"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TradingSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Trading securities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecurities" xlink:to="us-gaap_TradingSecurities_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TradingSecurities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Trading Securities </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> MSR financing receivable </link:label>
<link:label xml:lang="en-US" xlink:label="ai_MortgageServicingRightsFinancingReceivableFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Mortgage Servicing Rights Financing Receivable Fair Value Disclosure </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_OtherAssetsFairValueDisclosure_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Other assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract" xlink:type="locator" xlink:label="us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Financial liabilities: </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract" xlink:to="us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FinancialLiabilitiesFairValueDisclosureAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Financial Liabilities Fair Value Disclosure [Abstract] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PaymentsNet" xlink:type="locator" xlink:label="ai_PaymentsNet"/>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Payments for principal, interest and charge-offs. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PaymentsNet" xlink:to="ai_PaymentsNet_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount" xlink:type="locator" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount"/>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Fair value measurement with unobservable inputs reconciliation recurring basis accretion of discount. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount" xlink:to="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Beginning balance </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net (loss) gain included in "Investment gain (loss), net" </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Purchases </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Sales </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Payments, net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PaymentsNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Payments Net </link:label>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accretion of discount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Accretion Of Discount </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net unrealized gains (losses) included in earnings for the period for Level 3 assets still held at the reporting date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount" xlink:type="locator" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount"/>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Fair value measurement with unobservable inputs reconciliation recurring basis liability accretion of discount. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount" xlink:to="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel"> Beginning balance </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:type="locator" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net gain (loss) included in "Investment gain (loss), net" </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings </link:label>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Accretion of discount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionOfDiscount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Accretion Of Discount </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:type="locator" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net unrealized gains (losses) included in earnings for the period for Level 3 liabilities still held at the reporting date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:to="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_OperatingLossCarryforwardsExpirationPeriod" xlink:type="locator" xlink:label="ai_OperatingLossCarryforwardsExpirationPeriod"/>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsExpirationPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Expiration period of each operating loss carryforward included in operating loss carryforward. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OperatingLossCarryforwardsExpirationPeriod" xlink:to="ai_OperatingLossCarryforwardsExpirationPeriod_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear" xlink:type="locator" xlink:label="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear"/>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Capital loss carryforwards expiration remainder of fiscal year </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear" xlink:to="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_CapitalLossCarryforwardsExpirationInYearTwo" xlink:type="locator" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearTwo"/>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Capital loss carryforwards expiration in year two. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CapitalLossCarryforwardsExpirationInYearTwo" xlink:to="ai_CapitalLossCarryforwardsExpirationInYearTwo_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_CapitalLossCarryforwardsExpirationInYearThree" xlink:type="locator" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearThree"/>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Capital loss carryforwards expiration in year three. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CapitalLossCarryforwardsExpirationInYearThree" xlink:to="ai_CapitalLossCarryforwardsExpirationInYearThree_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_OperatingLossCarryforwardsSubjectToExpiration" xlink:type="locator" xlink:label="ai_OperatingLossCarryforwardsSubjectToExpiration"/>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Operating loss carryforwards subject to expiration. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OperatingLossCarryforwardsSubjectToExpiration" xlink:to="ai_OperatingLossCarryforwardsSubjectToExpiration_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_OperatingLossCarryforwardsNotSubjectToExpiration" xlink:type="locator" xlink:label="ai_OperatingLossCarryforwardsNotSubjectToExpiration"/>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsNotSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Operating loss carryforwards not subject to expiration. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_OperatingLossCarryforwardsNotSubjectToExpiration" xlink:to="ai_OperatingLossCarryforwardsNotSubjectToExpiration_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_IncomeTaxDisclosureLineItems" xlink:type="locator" xlink:label="ai_IncomeTaxDisclosureLineItems"/>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Income Tax Disclosure [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_IncomeTaxDisclosureLineItems" xlink:to="ai_IncomeTaxDisclosureLineItems_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_IncomeTaxDisclosureTable" xlink:type="locator" xlink:label="ai_IncomeTaxDisclosureTable"/>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Income Tax Disclosure [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_IncomeTaxDisclosureTable" xlink:to="ai_IncomeTaxDisclosureTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Income Tax Disclosure [Table] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Tax Disclosure [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TaxCreditCarryforwardAxis" xlink:type="locator" xlink:label="us-gaap_TaxCreditCarryforwardAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Tax Credit Carryforward </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxCreditCarryforwardAxis" xlink:to="us-gaap_TaxCreditCarryforwardAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Tax Credit Carryforward [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TaxCreditCarryforwardNameDomain" xlink:type="locator" xlink:label="us-gaap_TaxCreditCarryforwardNameDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Tax Credit Carryforward, Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxCreditCarryforwardNameDomain" xlink:to="us-gaap_TaxCreditCarryforwardNameDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Tax Credit Carryforward Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CapitalLossCarryforwardMember" xlink:type="locator" xlink:label="us-gaap_CapitalLossCarryforwardMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CapitalLossCarryforwardMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Capital Loss Carryforward </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLossCarryforwardMember" xlink:to="us-gaap_CapitalLossCarryforwardMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CapitalLossCarryforwardMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Capital Loss Carryforward [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Income Tax Disclosure [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_IncomeTaxDisclosureLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Income Tax Disclosure [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:type="locator" xlink:label="us-gaap_OperatingLossCarryforwards"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Estimated net operating loss carryforwards </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Operating Loss Carryforwards </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net operating loss carryforward subject to expiration year </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Operating Loss Carryforwards Subject To Expiration </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsNotSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net operating loss carryforward not subject to expiration year </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsNotSubjectToExpiration_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Operating Loss Carryforwards Not Subject To Expiration </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsExpirationPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net operating loss carryforwards, expiration year </link:label>
<link:label xml:lang="en-US" xlink:label="ai_OperatingLossCarryforwardsExpirationPeriod_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Operating Loss Carryforwards Expiration Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TaxCreditCarryforwardAmount" xlink:type="locator" xlink:label="us-gaap_TaxCreditCarryforwardAmount"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Tax Credit Carryforward, Amount </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxCreditCarryforwardAmount" xlink:to="us-gaap_TaxCreditCarryforwardAmount_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_TaxCreditCarryforwardAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Tax Credit Carryforward Amount </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Capital loss carryforwards expiration remainder of fiscal year </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationRemainderOfFiscalYear_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Capital Loss Carryforwards Expiration Remainder Of Fiscal Year </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Capital loss carryforwards expiration in year 2022 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearTwo_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Capital Loss Carryforwards Expiration In Year Two </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Capital loss carryforwards expiration in year 2023 </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CapitalLossCarryforwardsExpirationInYearThree_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Capital Loss Carryforwards Expiration In Year Three </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel"> Benefit (provision) for income taxes </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Basic weighted-average common shares outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:type="locator" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Performance share units, unvested restricted stock units, and unvested restricted stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Incremental Common Shares Attributable To Share Based Payment Arrangements </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel"> Diluted weighted-average common shares outstanding </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Net (loss) income (attributable) available to common stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:to="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:type="locator" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Antidilutive Securities </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Antidilutive Securities Excluded From Computation Of Earnings Per Share By Antidilutive Securities [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AntidilutiveSecuritiesNameDomain" xlink:type="locator" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Antidilutive Securities, Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesNameDomain" xlink:to="us-gaap_AntidilutiveSecuritiesNameDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Antidilutive Securities Name [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember" xlink:type="locator" xlink:label="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember"/>
<link:label xml:lang="en-US" xlink:label="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Restricted stock, restricted stock units and performance shares member. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember" xlink:to="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Restricted Stock, Restricted Stock Units and Performance Shares </link:label>
<link:label xml:lang="en-US" xlink:label="ai_RestrictedStockRestrictedStockUnitsAndPerformanceSharesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Restricted Stock Restricted Stock Units And Performance Shares [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems" xlink:type="locator" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:type="locator" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_CommonStockVotingRightsPerShareOwned" xlink:type="locator" xlink:label="ai_CommonStockVotingRightsPerShareOwned"/>
<link:label xml:lang="en-US" xlink:label="ai_CommonStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Number of votes assigned to each shareholder for each share of common stock owned. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CommonStockVotingRightsPerShareOwned" xlink:to="ai_CommonStockVotingRightsPerShareOwned_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonClassBMember" xlink:type="locator" xlink:label="us-gaap_CommonClassBMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common Class B </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonClassBMember" xlink:to="us-gaap_CommonClassBMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Class B [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:type="locator" xlink:label="us-gaap_SubsidiarySaleOfStockAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Sale of Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsidiarySaleOfStockAxis" xlink:to="us-gaap_SubsidiarySaleOfStockAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Subsidiary Sale Of Stock [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:type="locator" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Sale of Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleOfStockNameOfTransactionDomain" xlink:to="us-gaap_SaleOfStockNameOfTransactionDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Sale Of Stock Name Of Transaction [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_AmendedNewEquityDistributionAgreementsMember" xlink:type="locator" xlink:label="ai_AmendedNewEquityDistributionAgreementsMember"/>
<link:label xml:lang="en-US" xlink:label="ai_AmendedNewEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Amended new equity distribution agreements. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_AmendedNewEquityDistributionAgreementsMember" xlink:to="ai_AmendedNewEquityDistributionAgreementsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_AmendedNewEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Amended New Equity Distribution Agreements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_AmendedNewEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Amended New Equity Distribution Agreements [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_CommonEquityDistributionAgreementsMember" xlink:type="locator" xlink:label="ai_CommonEquityDistributionAgreementsMember"/>
<link:label xml:lang="en-US" xlink:label="ai_CommonEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Common equity distribution agreements. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_CommonEquityDistributionAgreementsMember" xlink:to="ai_CommonEquityDistributionAgreementsMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_CommonEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common Equity Distribution Agreements </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CommonEquityDistributionAgreementsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Equity Distribution Agreements [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_UndesignatedPreferredStockMember" xlink:type="locator" xlink:label="ai_UndesignatedPreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="ai_UndesignatedPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Undesignated preferred stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_UndesignatedPreferredStockMember" xlink:to="ai_UndesignatedPreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_UndesignatedPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Undesignated Preferred Stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_UndesignatedPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Undesignated Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:type="locator" xlink:label="us-gaap_SeriesAPreferredStockMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Series A Preferred Stock </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesAPreferredStockMember" xlink:to="us-gaap_SeriesAPreferredStockMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Series A Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:type="locator" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> LIBOR </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:to="us-gaap_LondonInterbankOfferedRateLIBORMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> London Interbank Offered Rate L I B O R [Member] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_SeriesBPreferredEquityDistributionAgreementMember" xlink:type="locator" xlink:label="ai_SeriesBPreferredEquityDistributionAgreementMember"/>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredEquityDistributionAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Series B preferred equity distribution agreement. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_SeriesBPreferredEquityDistributionAgreementMember" xlink:to="ai_SeriesBPreferredEquityDistributionAgreementMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredEquityDistributionAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Series B Preferred Equity Distribution Agreement </link:label>
<link:label xml:lang="en-US" xlink:label="ai_SeriesBPreferredEquityDistributionAgreementMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Series B Preferred Equity Distribution Agreement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PlanNameAxis" xlink:type="locator" xlink:label="us-gaap_PlanNameAxis"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Plan Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Plan Name [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PlanNameDomain" xlink:type="locator" xlink:label="us-gaap_PlanNameDomain"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Plan Name </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameDomain" xlink:to="us-gaap_PlanNameDomain_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Plan Name [Domain] </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ShareholderRightsPlanMember" xlink:type="locator" xlink:label="ai_ShareholderRightsPlanMember"/>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Shareholder rights plan. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ShareholderRightsPlanMember" xlink:to="ai_ShareholderRightsPlanMember_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Shareholder Rights Plan </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsPlanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Shareholder Rights Plan [Member] </link:label>
<link:label xml:lang="en-US" xlink:label="srt_MinimumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Minimum </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:type="locator" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Share based Compensation Arrangement by Share based Payment Award [Line Items] </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Share Based Compensation Arrangement By Share Based Payment Award [Line Items] </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CommonStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Common Stock Voting Rights Per Share Owned </link:label>
<link:label xml:lang="en-US" xlink:label="ai_CommonStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Voting Rights Per Share Owned </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:type="locator" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Number of shares offer and sell </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:to="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Common Stock Capital Shares Reserved For Future Issuance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Issuance of stock (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Issued During Period Shares New Issues </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:type="locator" xlink:label="us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Stock repurchase program, number of shares authorized to be repurchased </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:to="us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchase Program Number Of Shares Authorized To Be Repurchased </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased" xlink:type="locator" xlink:label="us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Stock repurchase program shares previously available to be repurchased </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased" xlink:to="us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"> Repurchase of stock (in shares) </link:label>
<link:label xml:lang="en-US" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Repurchase of stock </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PreferredStockSharesUnissued" xlink:type="locator" xlink:label="ai_PreferredStockSharesUnissued"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockSharesUnissued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Preferred stock shares unissued. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PreferredStockSharesUnissued" xlink:to="ai_PreferredStockSharesUnissued_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:type="locator" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, shares authorized (in shares) </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Shares Authorized </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockSharesUnissued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock shares unissued </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockSharesUnissued_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Shares Unissued </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PreferredStockVotingRightsPerShareOwned" xlink:type="locator" xlink:label="ai_PreferredStockVotingRightsPerShareOwned"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Preferred stock voting rights per share owned. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PreferredStockVotingRightsPerShareOwned" xlink:to="ai_PreferredStockVotingRightsPerShareOwned_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_PreferredStockAnnualDividendRatePerShare" xlink:type="locator" xlink:label="ai_PreferredStockAnnualDividendRatePerShare"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockAnnualDividendRatePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The annual dividend on a per share basis equivalent to the stated fixed rate percentage of dividend on preferred stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PreferredStockAnnualDividendRatePerShare" xlink:to="ai_PreferredStockAnnualDividendRatePerShare_lbl"/>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:type="locator" xlink:label="us-gaap_PreferredStockDividendRatePercentage"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, dividend rate percentage </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendRatePercentage" xlink:to="us-gaap_PreferredStockDividendRatePercentage_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Dividend Rate Percentage </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock voting rights per share owned </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVotingRightsPerShareOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Voting Rights Per Share Owned </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:type="locator" xlink:label="us-gaap_PreferredStockLiquidationPreference"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, liquidation preference per share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockLiquidationPreference" xlink:to="us-gaap_PreferredStockLiquidationPreference_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Liquidation Preference </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockRedemptionPricePerShare" xlink:type="locator" xlink:label="us-gaap_PreferredStockRedemptionPricePerShare"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockRedemptionPricePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, redeemable price per share </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockRedemptionPricePerShare" xlink:to="us-gaap_PreferredStockRedemptionPricePerShare_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockRedemptionPricePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Redemption Price Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockRedemptionDate" xlink:type="locator" xlink:label="us-gaap_PreferredStockRedemptionDate"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockRedemptionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, redemption date </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockRedemptionDate" xlink:to="us-gaap_PreferredStockRedemptionDate_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockRedemptionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Redemption Date </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockDividendPaymentTerms" xlink:type="locator" xlink:label="us-gaap_PreferredStockDividendPaymentTerms"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendPaymentTerms_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, dividend payment terms </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendPaymentTerms" xlink:to="us-gaap_PreferredStockDividendPaymentTerms_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockDividendPaymentTerms_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Dividend Payment Terms </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockAnnualDividendRatePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, annual dividend rate per share </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockAnnualDividendRatePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Annual Dividend Rate Per Share </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PreferredStockRateConversionDate" xlink:type="locator" xlink:label="ai_PreferredStockRateConversionDate"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockRateConversionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Date in which the dividend rate of the preferred stock converts from a fixed annual percentage to a floating rate. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PreferredStockRateConversionDate" xlink:to="ai_PreferredStockRateConversionDate_lbl"/>
<link:loc xlink:href="ai-20210630.xsd#ai_PreferredStockVariableDividendSpreadRate" xlink:type="locator" xlink:label="ai_PreferredStockVariableDividendSpreadRate"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVariableDividendSpreadRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> The spread rate of a variable/floating dividend rate on preferred stock that is added to a benchmark rate to determine dividend rate that is paid to shareholders. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PreferredStockVariableDividendSpreadRate" xlink:to="ai_PreferredStockVariableDividendSpreadRate_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockRateConversionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, rate conversion date </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockRateConversionDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Rate Conversion Date </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVariableDividendSpreadRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Preferred stock, variable dividend spread rate </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PreferredStockVariableDividendSpreadRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Variable Dividend Spread Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance" xlink:type="locator" xlink:label="us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Number of Shares Offer and Sell </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance" xlink:to="us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance_lbl"/>
<link:label xml:lang="en-US" xlink:label="us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Preferred Stock Capital Shares Reserved For Future Issuance </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_ShareholderRightsAgreementExpirationTermAmended" xlink:type="locator" xlink:label="ai_ShareholderRightsAgreementExpirationTermAmended"/>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsAgreementExpirationTermAmended_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Shareholder rights agreement expiration term, amended. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_ShareholderRightsAgreementExpirationTermAmended" xlink:to="ai_ShareholderRightsAgreementExpirationTermAmended_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsAgreementExpirationTermAmended_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Rights plan, amended term of agreement </link:label>
<link:label xml:lang="en-US" xlink:label="ai_ShareholderRightsAgreementExpirationTermAmended_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Shareholder Rights Agreement Expiration Term Amended </link:label>
<link:loc xlink:href="ai-20210630.xsd#ai_PercentageOfBeneficialOwnershipOfCommonStock" xlink:type="locator" xlink:label="ai_PercentageOfBeneficialOwnershipOfCommonStock"/>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfBeneficialOwnershipOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation"> Percentage of beneficial ownership of common stock. </link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ai_PercentageOfBeneficialOwnershipOfCommonStock" xlink:to="ai_PercentageOfBeneficialOwnershipOfCommonStock_lbl"/>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfBeneficialOwnershipOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel"> Percentage of beneficial ownership of common stock </link:label>
<link:label xml:lang="en-US" xlink:label="ai_PercentageOfBeneficialOwnershipOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label"> Percentage Of Beneficial Ownership Of Common Stock </link:label>
</link:labelLink>
</link:linkbase>

19 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/15/21  Arlington Asset Investment Corp.  8-A12B                 2:128K                                   ActiveDisclosure/FA
 6/17/21  Arlington Asset Investment Corp.  8-K:5,9     6/15/21    4:147K                                   ActiveDisclosure/FA
 4/29/21  Arlington Asset Investment Corp.  DEF 14A     6/15/21    1:3.7M                                   ActiveDisclosure/FA
 1/10/20  Arlington Asset Investment Corp.  S-3                   10:2.6M                                   ActiveDisclosure/FA
12/13/19  Arlington Asset Investment Corp.  8-K:5,8,9  12/13/19    2:39K                                    ActiveDisclosure/FA
 6/25/19  Arlington Asset Investment Corp.  8-K:5,9     6/20/19    2:64K                                    ActiveDisclosure/FA
 3/11/19  Arlington Asset Investment Corp.  8-A12B                 3:161K                                   Donnelley … Solutions/FA
 1/17/19  Arlington Asset Investment Corp.  8-K:5,7,9   1/17/19    3:75K                                    ActiveDisclosure/FA
 4/13/18  Arlington Asset Investment Corp.  8-K:1,3,9   4/13/18    2:30K                                    Donnelley … Solutions/FA
 5/09/17  Arlington Asset Investment Corp.  8-A12B                 3:89K                                    Donnelley … Solutions/FA
10/26/16  Arlington Asset Investment Corp.  8-K:5,8,9  10/24/16    2:50K                                    ActiveDisclosure/FA
 3/18/15  Arlington Asset Investment Corp.  8-A12B                 2:120K                                   Toppan Merrill/FA
 3/17/15  Arlington Asset Investment Corp.  8-K:1,2,9   3/11/15    5:360K                                   Toppan Merrill/FA
 2/04/15  Arlington Asset Investment Corp.  8-K:2,5,7,9 2/03/15    4:161K                                   Toppan Merrill/FA
 5/01/13  Arlington Asset Investment Corp.  8-K:1,2,9   5/01/13    5:667K                                   Donnelley … Solutions/FA
 7/28/11  Arlington Asset Investment Corp.  8-K:2,5,9   7/27/11    3:398K                                   Toppan Merrill/FA
 2/24/10  Arlington Asset Investment Corp.  10-K       12/31/09    8:2.4M                                   Donnelley … Solutions/FA
11/09/09  Arlington Asset Investment Corp.  10-Q        9/30/09    6:1.2M                                   Donnelley … Solutions/FA
 6/05/09  Arlington Asset Investment Corp.  8-K:1,2,3,5 6/05/09    4:325K                                   Donnelley … Solutions/FA
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