debt
confidence high
sentiment positive
materiality 0.60
Angel Oak Mortgage REIT reduces borrowing spread on repurchase facility to 1.75%-3.35%
Angel Oak Mortgage REIT, Inc.
- Interest rate pricing spread on repurchase facility reduced to 1.75%-3.35% from 2.10%-3.35% with Global Investment Bank 2.
- Amendments update Eligible Mortgage Loan criteria, add concentration limits and a Concentration Limit Holiday Period.
- Company certifies no defaults or events of default under the repurchase agreement as of Oct 25, 2024.