Angel Oak Mortgage Advances Strategic Plan With Participation In $580.5M Securitization
Angel Oak Mortgage Advances Strategic Plan With Participation In $580.5M Securitization
The company builds momentum by executing outlined plan to reposition its portfolio, improve liquidity and return to the securitization market
该公司通过执行概述的计划来建立动力，以重新定位其投资组合，改善流动性，并重返证券化市场。
Angel Oak Mortgage 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, announces its participation in AOMT 2023-1, an approximately $580.5 million scheduled principal balance securitization backed by a pool of residential mortgage loans. This is AOMR's first securitization in which it has participated alongside other Angel Oak entities since its initial public offering.
天使橡树抵押贷款公司(纽约证券交易所代码：AOMR)，(“公司”、“我们”和“我们的”)是一家领先的房地产金融公司，专注于在美国抵押贷款市场收购和投资第一留置权非QM贷款和其他抵押相关资产，该公司宣布参与AOMT 2023-1，这是一种由住宅抵押贷款池支持的约5.805亿美元的预定本金余额证券化。这是AOMR自首次公开募股以来与其他Angel Oak实体一起参与的第一次证券化。
AOMR contributed loans with a scheduled principal balance of $241.3 million. In addition to releasing capital, the Company will retain its pro rata share of the economics from the securitization. In combination with the loan sales and non-mark to market financing conversions announced in Q4 2022, this securitization has reduced AOMR's whole loan warehouse debt by approximately 51% and its mark-to-market percentage of total warehouse debt1 by approximately 62% since the end of Q3 2022.
AOMR提供了预定本金余额为2.413亿美元的贷款。除了释放资本外，公司还将保留其从证券化中按比例获得的经济份额。与2022年第四季度宣布的贷款销售和非按市值计价融资转换相结合，自2022年第三季度末以来，此次证券化已使AOMR的全部贷款仓库债务减少了约51%，其按市值计价的总仓库债务1的百分比减少了约62%。
"This demonstrates further execution of the steps previously outlined in our strategic plan to reposition our portfolio, improve liquidity, reduce risk, and protect our capital structure. By partnering with other Angel Oak entities at this time, we believe we can optimize execution to accelerate our rotation into a higher-yielding portfolio. We are pleased to return to the securitization market, and we look forward to executing additional securitizations in the coming months while reinvesting capital into recently originated, higher coupon loans." said Sreeni Prabhu, Chief Executive Officer and President of AOMR.
这表明我们进一步执行了我们之前在战略计划中概述的步骤，以重新定位我们的投资组合，改善流动性，降低风险，并保护我们的资本结构。通过目前与Angel Oak的其他实体合作，我们相信我们可以优化执行，加快我们向更高收益的投资组合的轮换。我们很高兴重返证券化市场，我们期待着在未来几个月执行更多证券化，同时将资本再投资于最近发起的更高票面利率贷款。AOMR首席执行官兼总裁斯雷尼·普拉布说。
At deal closing, AOMT 2023-1 consisted of 1,073 loans. The securitization has an average original credit score of 736, an original average loan-to-value ratio of 71.1%, and a non-zero debt-to-income ratio of 32.2%. The transaction was rated by Fitch Ratings with the senior tranche receiving a triple A rating.
交易完成时，AOMT 2023-1由1,073笔贷款组成。此次证券化的平均原始信用评分为736分，原始平均贷款价值比为71.1%，非零的债务收入比为32.2%。惠誉评级对这笔交易进行了评级，其中优先部分获得了AAA评级。
1 Mark-to-market percentage of total warehouse debt is calculated as the total estimated unpaid balance of mark-to-market warehouse financing divided by the total estimated unpaid balance of all warehouse financing.
1仓储债务总额按市值计价的百分比计算为按市价计价仓储融资的估计未付余额总额除以所有仓储融资的估计未付余额总额。