secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001766478-24-000114
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak Mortgage REIT participates in $289M securitization; 2024 total volume surpasses $850M
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- AOMR contributed $167.2M of scheduled unpaid principal balance to AOMT 2024-13, a $288.9M securitization.
- The securitization includes 627 loans; weighted avg mortgage rate 7.37%, credit score 754, LTV 69.9%, DTI 33.8%.
- Company carried $141.5M of warehouse financing against contributed loans; will retain pro-rata share of unsold bonds.
- This is AOMR's fifth securitization of 2024, bringing total 2024 securitization volume to over $850M.
- Proceeds to be deployed for accretive purchases of non-QM loans to drive incremental net interest income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000114/0001766478-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000114/aomr-20241216.htm
  HTML page:      https://secwatch.observer/filing/0001766478-24-000114

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