tiprankstipranks
Company Announcements

Angel Oak Mortgage Secures $317 Million Securitization

Angel Oak Mortgage Secures $317 Million Securitization

Angel Oak Mortgage ( (AOMR) ) just unveiled an announcement.

Angel Oak Mortgage REIT, Inc. successfully closed a $317 million securitization, backed by residential mortgage loans, enhancing its financial strategy and setting the stage for future growth. The deal, rated AAA by Fitch, demonstrates the company’s efficient capital deployment and commitment to expanding its mortgage investment portfolio. This move not only covered previous capital costs but also reduced debt, highlighting Angel Oak’s robust approach in navigating the U.S. mortgage market.

For an in-depth examination of AOMR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App