Angel Oak Mortgage

Angel Oak Mortgage, Inc. operates as a real estate finance company, which engages in the acquisition and investment of first lien non-qualified mortgage loans. The firm also invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

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Angel Oak Mortgage overcomes challenges, focuses on growth strategies

Angel Oak Mortgage navigated challenges in Q4 2022 while achieving significant milestones and maintaining strong credit performance.
Strategic initiatives to reduce debt, enhance liquidity, and focus on high coupon mortgage loans position the company for growth.
Despite expectations of a slight decrease in net interest income, the company remains agile in capital structure management and cost reductions.
Active participation in securitization markets and plans for future growth programs underscore adaptability and resilience.

Angel Oak Mortgage reports strong Q1 performance amidst market challenges

Angel Oak Mortgage had a solid start in Q1 2023, with positive financial results and a focus on risk reduction. Despite challenges such as distributable earnings loss, the company remains confident in their strategic direction. Opportunities exist for further expense management optimization and income growth.

Angel Oak Mortgage REIT reports growth amidst market challenges

Angel Oak Mortgage REIT showcased growth initiatives in Q2 2023 despite reporting a net loss. The company's focus on expense savings, credit risk management, and dividend declaration reflect its strengths. Market challenges exist, but opportunities for expansion through securitizations and loan portfolio growth are on the horizon.

Angel Oak Mortgage (AOMR) reports robust Q3 performance and strategic resilience

Angel Oak Mortgage (AOMR) delivered a strong financial performance in Q3 2023, with a focus on optimizing earnings levers and maintaining liquidity.
Despite challenges such as negative distributable earnings and market uncertainties, the company showcased resilience and efficient cost management.
With a strong balance sheet, confidence from executives, and opportunities for growth through strategic initiatives, Angel Oak Mortgage (AOMR) is well-positioned for the future.
Investors can take note of the company's improved net interest margin, reduced operating expenses, and strategic approach to managing risk and liquidity.

Angel Oak Mortgage (AOMR) posts robust Q4 earnings, eyes securitization growth

Angel Oak Mortgage (AOMR) reported impressive financial results in Q4 2023, driven by increased net interest income and improved operating efficiency. The company's focus on credit risk management and strategic decisions contributed to its strong performance. Looking ahead, Angel Oak Mortgage aims to sustain its growth momentum and capitalize on opportunities in the securitization market.

Angel Oak Mortgage (AOMR) posts strong Q1 results, eyes growth opportunities

Angel Oak Mortgage (AOMR) reported a solid Q1 2024 performance with growth across key financial metrics and improved credit quality. The company's focus on high-quality loan acquisitions and strategic securitization efforts bode well for future growth potential and shareholder returns.

Angel Oak Mortgage reports solid Q2 performance and growth plans

Angel Oak Mortgage (AOMR) demonstrated strong operational performance and strategic financial management in Q2 2024.
Despite challenges in book value and earnings, the company's focus on growth and efficiency positions it well for the future.
Opportunities lie in deploying capital for high-quality investments and optimizing the portfolio for sustained profitability.
Shareholders can expect value through dividends, strategic investments, and a commitment to financial strength.

Angel Oak Mortgage (AOMR) excels in Q3 2024 earnings, eyes growth

Angel Oak Mortgage (AOMR) delivered a robust performance in Q3 2024, showcasing growth in key financial metrics and strategic initiatives. The company's strengths in capital management and low delinquencies position it well for future opportunities, despite potential challenges in managing asset yields and credit portfolios.

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Angel Oak Mortgage REIT, Inc. is a real estate finance company, which focuses on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. It invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

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.

KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2024-12 (AOMT 2024-12)

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Sreeni Prabhu - Chief Executive Officer, President Brandon Filson - Chief Financial Officer, Treasurer Namit Sinha - Chief Investment Officer, Angel Oak Capital Advisors LLC KC Kelleher - Head of Corporate Finance, Investor Relations Conference Call Participants Don Fandetti - Wells Fargo Matthew Erdner - Jones Trading Eric Hagen - BTIG Matthew Howlett - B. Riley Chris Kotowski - Oppenheimer Operator Good day!

Angel Oak Mortgage REIT, Inc. (AOMR) Q3 2024 Earnings Call Transcript

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.

Angel Oak Mortgage (AOMR) Reports Q3 Loss, Lags Revenue Estimates

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 reported financial results for the third quarter of 2024. Third Quarter and Year-to-Date Highlights Q3 2024 net interest income of $9.0 million, an increase of 22% versus $7.4 million in Q3 2023. Net interest income of $27.1 mi.

Angel Oak Mortgage REIT, Inc. Reports Third Quarter 2024 Financial Results

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.

KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2024-11 (AOMT 2024-11)

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.

Angel Oak Mortgage REIT, Inc. Sets Date for Third Quarter 2024 Earnings Release and Conference Call

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.

Angel Oak Mortgage REIT, Inc. Completes $317 Million Standalone Securitization, Driving Margin Expansion and Setting the Stage for Continued Growth

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Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants KC Kelleher - Head of Corporate Finance and Investor Relations Sreeni Prabhu - President and Chief Executive Officer Brandon Filson - Chief Financial Officer Conference Call Participants Don Fandetti - Wells Fargo Doug Harter - UBS Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good day, and welcome to the Angel Oak Mortgage Second Quarter 2024 Earnings Call.

Angel Oak Mortgage REIT, Inc. (AOMR) Q2 2024 Earnings Call Transcript

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.13. This compares to loss of $0.16 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q2 Loss, Tops Revenue Estimates

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 reported financial results for the second quarter of 2024. Second Quarter and Year-to-Date Highlights Q2 2024 net interest income of $9.5 million, an increase of 47% versus Q2 2023. Net interest income of $18.0 million in the f.

Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2024 Financial Results

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Preferreds Weekly Review: New Issuance Is Coming

ATLANTA--(BUSINESS WIRE)--First paragraph, first sentence of release should read: 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 second quarter 2024 financial results before the market opens on Tuesday, August 6, 2024. The updated release reads: ANGEL OAK.

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ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it has priced an underwritten public offering of $50,000,000 aggregate principal amount of its 9.500% Senior Notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Notes will be issued in mi.

Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Company intends to use the majority of the net proceeds from the offering fo.

Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes

Angel Oak Mortgage REIT is a mortgage REIT that focuses on non-qualified mortgage loans, a niche corner of the home loan market. AOMR is part of the Angel Oak Ecosystem, a vertically integrated home lender that underwrites, acquires, and securitized non-QM loans. The outlook for AOMR is dependent on volume in the residential real estate market.

Angel Oak Mortgage: A Vertically Integrated Non-QM Lender

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Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q1 2024 Earnings Conference Call May 7, 2024 6:00 AM ET Company Participants KC Kelleher - Head of Corporate Finance and Investor Relations Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Namit Sinha - Chief Investment Officer Conference Call Participants Douglas Harter - UBS Donald Fandetti - Wells Fargo Operator Ladies and gentlemen, good morning, and welcome to the Angel Oak Mortgage First Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Angel Oak Mortgage REIT, Inc. (AOMR) Q1 2024 Earnings Call Transcript

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 reported financial results for the first quarter of 2024. First Quarter Highlights Q1 2024 GAAP net income of $12.9 million, or $0.51 per diluted share of common stock. Q1 2024 Distributable Earnings of $2.8 million, or $0.11 p.

Angel Oak Mortgage REIT, Inc. Reports First Quarter 2024 Financial Results

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 first quarter 2024 financial results before the market opens on Tuesday, May 7, 2024. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the conf.

Angel Oak Mortgage REIT, Inc. Sets Date for First Quarter 2024 Earnings Release and Conference Call

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 pricing of AOMT 2024-4, an approximately $300 million scheduled principal balance securitization backed by a pool of residential mortgage loans, the majority of which were originated by Angel Oak's affiliated mor.

Angel Oak Mortgage REIT, Inc. Prices AOMT 2024-4, a $300 Million Standalone Securitization, Further Expanding Earnings and Releasing Capital for Additional Loan Purchases

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