Angel Oak Mortgage (AOMR) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to loss of $0.26 per share a year ago.
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/Q.
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/Q.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-1 (AOMT 2025-1), a $342.0 million non-prime RMBS transaction. The underlying collateral, comprised of 631 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 (56.6%) or exempt (43.4%) from the Ability-to-Repay/Q.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-13 (AOMT 2024-13), a $288.9 million non-prime RMBS transaction. The underlying collateral, comprised of 627 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 (55.9%) or exempt (44.1%) from the Ability-to-Repay.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-12 (AOMT 2024-12), a $331.3 million non-prime RMBS transaction. The underlying collateral, comprised of 646 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 (59.5%) or exempt (40.5%) from the Ability-to-Repay.
Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.35 per share a year ago.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-11 (AOMT 2024-11), a $283.9 million non-prime RMBS transaction. The underlying collateral, comprised of 631 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 (Non-QM) (49.5%) or exempt (50.5%) from the Ability.
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 third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of t.
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 the closing of AOMT 2024-10, an approximately $317 million scheduled principal balance securitization backed by a pool of residential mortgage loans. The senior tranche received an AAA rating from Fitch Ratings. “The.