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20.05.25 - 19:48
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-6 (AOMT 2025-6) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-6 (AOMT 2025-6), a $349.7 million non-prime RMBS transaction. The underlying collateral, comprised of 729 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (48.5%) or exempt (51.5%) from the Ability-to-Repay/Qualified Mortgage rule due to being originated for non-consumer loan purposes. Emporium TPO and Angel Oak Mortgage Solutions originated 19.0% and 17.2% of the pool respectively, with no other originator comprising over 10% of the collateral.
KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment st...
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15.05.25 - 00:09
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Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it has priced an underwritten public offering of $40,000,000 aggregate principal amount of its 9.750% Senior Notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Notes will be issued in minimum denominations and integral multiples of $25.00. The Company has granted to the underwriters a 30-day over-allotment option to purchase up to an additional $6,000,000 aggregate principal amount of the Notes at the public offering price, less the underwriting discount. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include the acquisition of non-qualified residential mortgage loans and other target assets primarily sourced from its affiliated propr...
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14.05.25 - 15:18
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Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include the acquisition of non-qualified residential mortgage loans and other target assets primarily sourced from its affiliated proprietary mortgage lending platform or other target assets through the secondary market in a manner consistent with the Company's strategy and investment guidelines.
RBC Capital Markets, LLC, UBS Investment Bank, Wells Fargo Securities, LLC and Piper Sandler & Co. are serving as joint book-running managers for the offering. B. Riley Securities, Inc. and ...
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05.05.25 - 13:06
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Angel Oak Mortgage REIT, Inc. Reports First Quarter 2025 Financial Results (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended March 31, 2025.
First Quarter 2025 Highlights
Q1 2025 GAAP net income of $20.5 million, or $0.87 per diluted share of common stock.
Q1 2025 net interest income of $10.1 million demonstrates an increase of 17.6% versus Q1 2024 net interest income of $8.6 million and an increase of 2.3% versus Q4 2024 net interest income.
Q1 2025 GAAP book value of $10.70 per share and economic book value of $13.41 per share, increases of 5.2% and 2.4%, respectively, compared to the end of 2024.
Q1 2025 Distributable Earnings of $4.1 million, or $0.17 per diluted share of common stock.
Declared a dividend of $0.32 per share of common stock, which will be paid on May 30, 2025, to common stockholder...
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22.04.25 - 23:12
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-HB1 (AOMT 2025-HB1) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from Angel Oak Mortgage Trust 2025-HB1 (AOMT 2025-HB1), a $191.3 million RMBS transaction sponsored by Angel Oak Real Estate Investment Trust III (Angel Oak), consisting of first lien (9.1%) and second lien (86.2%) home equity line of credit (HELOC; 95.2% total HELOC population) loans, as well as 4.8% closed-end second (CES) loans. The underlying pool is seasoned approximately six months and comprises 1,856 loans, with Homebridge Financial Services, Inc. (Homebridge; 87.9%) and Angel Oak Mortgage Solutions LLC (Angel Oak; 11.2%) as the largest contributing originators in the transaction. The HELOC loans are structured as interest-only (IO) adjustable-rate mortgages (ARMs), nearly all of which have initial draw periods of five years. Following the IO period, most loans transition to amortization terms of either 10-years (86.8%) or 15-years (6.9%). The CES loans consist exclusively of fix...
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21.04.25 - 23:06
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-5 (AOMT 2025-5) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-5 (AOMT 2025-5), a $341.5 million non-prime RMBS transaction. The underlying collateral, comprised of 729 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (49.8%) or exempt (50.2%) from the Ability-to-Repay/Qualified Mortgage rule due to being originated for non-consumer loan purposes. Angel Oak Mortgage Solutions originated 34.1% of the pool, with no other originator comprised over 10% of the collateral.
KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction par...
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21.04.25 - 22:21
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Angel Oak Mortgage REIT, Inc. Sets Date for First Quarter 2025 Earnings Release and Conference Call (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its first quarter 2025 financial results before the market opens on Monday, May 5, 2025. A conference call will be held that day at 8:30 a.m. Eastern Time.
Webcast:
A webcast of the conference call will be available on the Investors section of the Company's website at www.angeloakreit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software.
To participate in the conference call, dial one of the following numbers at least 15 minutes prior to the start time:
Domestic: 1-844-826-3033
International: 1-412-317-5185
For the conference call playback (which can be accessed through Ma...
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04.04.25 - 20:27
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-4 (AOMT 2025-4) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-4 (AOMT 2025-4), a $284.3 million non-prime RMBS transaction. The underlying collateral, comprised of 575 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (60.2%) or exempt (39.8%) from the Ability-to-Repay/Qualified Mortgage rule due to being originated for non-consumer loan purposes. Angel Oak Mortgage Solutions originated 34.4% of the pool, with no other originator comprised over 10% of the collateral.
KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction par...
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04.03.25 - 13:06
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Angel Oak Mortgage REIT, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter and year ended December 31, 2024.
Fourth Quarter 2024 Highlights
Q4 2024 net interest income of $9.9 million demonstrates an increase of 20% versus Q4 2023 net interest income of $8.2 million.
Q4 2024 GAAP net loss of $(15.1) million, or $(0.65) per diluted share of common stock.
Q4 2024 Distributable Earnings of $9.9 million, or $0.42 per diluted share of common stock.
Declared dividend of $0.32 per share of common stock, paid on February 28, 2025.
Fiscal Year 2024 Highlights
FY 2024 net interest income of $36.9 million demonstrates an increase of 28% versus FY 2023 net interest income of $28.9 million.
FY 2024 GAAP net income of $28.8 million, or $1.17 per diluted share of common st...
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28.02.25 - 19:48
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-3 (AOMT 2025-3) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-3 (AOMT 2025-3), a $333.3 million non-prime RMBS transaction. The underlying collateral, comprised of 645 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (57.7%) or exempt (42.3%) from the Ability-to-Repay/Qualified Mortgage rule due to being originated for non-consumer loan purposes. Angel Oak Mortgage Solutions originated 43.9% of the pool, with no other originator comprised over 10% of the collateral.
KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction par...
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19.02.25 - 23:51
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XFRA : DIVIDEND/INTEREST INFORMATION - 21.02.2025 - US03464Y1082 (XETRA)
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Das Instrument 57V US03464Y1082 ANGEL OAK MTG REIT DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 20.02.2025 und ex Dividende/Zinsen am 21.02.2025
The instrument 57V US03464Y1082 ANGEL OAK MTG REIT DL-,01 EQUITY has its pre-dividend/interest day on 20.02.2025 and its ex-dividend/interest day on 21.02.2025...
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18.02.25 - 22:18
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Angel Oak Mortgage REIT, Inc. Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its fourth quarter and full year 2024 financial results before the market opens on Tuesday, March 4, 2025. A conference call will be held that day at 8:30 a.m. Eastern Time.
Webcast:
A webcast of the conference call will be available at the Investors section of the Company's website at www.angeloakreit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software.
To participate in the conference call, dial one of the following numbers at least 15 minutes prior to the start time:
Domestic: 1-844-826-3033
International: 1-412-317-5185
For the conference call playback (which can be a...
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11.02.25 - 21:24
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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-2 (AOMT 2025-2) (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-2 (AOMT 2025-2), a $263.1 million non-prime RMBS transaction. The underlying collateral, comprised of 497 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (57.8%) or exempt (42.2%) from the Ability-to-Repay/Qualified Mortgage rule due to being originated for non-consumer loan purposes. Angel Oak Mortgage Solutions originated 27.0% of the pool, with no other originator comprised over 10% of the collateral.
KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction par...
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06.02.25 - 22:18
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Angel Oak Mortgage REIT, Inc. Declares Quarterly Common Stock Dividend (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced that its Board of Directors has declared a quarterly cash dividend.
Common Stock Dividend
The Board has declared a dividend of $0.32 per share of common stock. The dividend is payable on February 28th, 2025 to common stockholders of record as of February 21st, 2025.
About Angel Oak Mortgage REIT, Inc.
Angel Oak Mortgage REIT, Inc. is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. The Company's objective is to generate attractive risk-adjusted returns for its stockholders through cash distributions and capital appreciation across interest rate and credit cycles. The Company is externally managed and advised by ...
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31.01.25 - 22:30
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KBRA Assigns Preliminary Ratings to HOMES 2025-NQM1 Trust (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to nine classes of mortgage pass-through certificates from HOMES 2025-NQM1 Trust, an RMBS transaction sponsored by APF II Resi O4B, LLC an investment fund of Ares Alternative Credit Management LLC. The $332.4 million RMBS transaction is collateralized by a pool of 717 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 97.4% and 2.6% of the pool, respectively. The deal includes a meaningful concentration of collateral that KBRA considers to be “non-prime” (92.5%), where most loans are either classified as non-qualified mortgages (Non-QM) (51.5%) or exempt (47.4%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being originated for non-consumer loan purposes. OCMBC, Inc., dba LoanStream Mortgage (LoanStream; 41.2%), Angel Oak Mortgage Solutions LLC (Angel Oak; 37.1%), and Hometown Equity Mortgage, LLC (Hometown; 15.1%) were the three originators ea...
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