{"schema_version":"secwatch.filing_event.v1","accession":"0001299709-23-000315","form_type":"8-K","ticker":"AX","cik":"0001299709","company_name":"Axos Financial, Inc.","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.560782+00:00","generated_at":"2026-06-07T16:02:31.741978+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Axos Bank buys $1.25B performing CRE loan portfolios from FDIC at 63% of par; $463.7M discount","bullets":["Purchase price of ~63% of par value on $1.253B unpaid principal balance; discount totals $463.7M.","All 58 loans current; weighted-average yield 6.9% before discount accretion; avg LTV 59.3%.","Interest rate swaps convert borrowers' fixed 3.8% average to Axos's variable 6.9% note rate.","Portfolio comprises $578.6M CRE loans (6.8% yield, 50.2% LTV) and $674.6M multifamily loans (7.0% yield, 67.0% LTV).","Transaction paid in cash; expected to be accretive to net interest margin and net interest income."],"urls":{"canonical":"https://secwatch.observer/filing/0001299709-23-000315","json":"https://secwatch.observer/filing/0001299709-23-000315.json","markdown":"https://secwatch.observer/filing/0001299709-23-000315.md","text":"https://secwatch.observer/filing/0001299709-23-000315.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1299709/000129970923000315/0001299709-23-000315-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1299709/000129970923000315/ax-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:02:31.741978+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}