---
schema_version: "secwatch.filing_event.v1"
accession: "0001299709-24-000098"
form_type: "8-K"
ticker: "AX"
cik: "0001299709"
company_name: "Axos Financial, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:28:15.403643+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Axos refutes short-seller claims on CRE loan quality, cites 40% avg LTV

## Summary
- CRE Specialty portfolio $5.22B with weighted avg LTV 40%; fund partners take first-loss risk (Carlyle, Related, Fortress).
- Multifamily mortgages avg LTV 55% at origination; significant portion repriced with increased prepayment speed.
- Specific loan rebuttals: 147-35 95th Ave 98% complete; 960 Franklin Ave land purchased April 2024, work commencing.
- Warehouse lines to A&D Mortgage fully repaid Sept 2020; Commerce line in good standing.
- No material change in credit performance since last earnings call; short-seller report called misleading.

## SEC filing metadata
- accession: 0001299709-24-000098
- form_type: 8-K
- ticker: AX
- cik: 0001299709
- company_name: Axos Financial, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1299709/000129970924000098/0001299709-24-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1299709/000129970924000098/ax-20240604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001299709-24-000098
- JSON: https://secwatch.observer/filing/0001299709-24-000098.json
- Plain text: https://secwatch.observer/filing/0001299709-24-000098.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.