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
該公司通過執行概述的計劃來建立動力，以重新定位其投資組合，改善流動性，並重返證券化市場。
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.
天使橡樹抵押貸款公司(紐約證券交易所代碼：AOMR)，(“公司”、“我們”和“我們的”)是一家領先的房地產金融公司，專注於在美國抵押貸款市場收購和投資第一留置權非QM貸款和其他抵押相關資產，該公司宣佈參與AOMT 2023-1，這是一種由住宅抵押貸款池支持的約5.805億美元的預定本金餘額證券化。這是AOMR自首次公開募股以來與其他Angel Oak實體一起參與的第一次證券化。
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提供了預定本金餘額為2.413億美元的貸款。除了釋放資本外，公司還將保留其從證券化中按比例獲得的經濟份額。與2022年第四季度宣佈的貸款銷售和非按市值計價融資轉換相結合，自2022年第三季度末以來，此次證券化已使AOMR的全部貸款倉庫債務減少了約51%，其按市值計價的總倉庫債務1的百分比減少了約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.
這表明我們進一步執行了我們之前在戰略計劃中概述的步驟，以重新定位我們的投資組合，改善流動性，降低風險，並保護我們的資本結構。通過目前與Angel Oak的其他實體合作，我們相信我們可以優化執行，加快我們向更高收益的投資組合的輪換。我們很高興重返證券化市場，我們期待著在未來幾個月執行更多證券化，同時將資本再投資於最近發起的更高票面利率貸款。AOMR首席執行官兼總裁斯雷尼·普拉布說。
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.
交易完成時，AOMT 2023-1由1,073筆貸款組成。此次證券化的平均原始信用評分為736分，原始平均貸款價值比為71.1%，非零的債務收入比為32.2%。惠譽評級對這筆交易進行了評級，其中優先部分獲得了AAA評級。
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倉儲債務總額按市值計價的百分比計算為按市價計價倉儲融資的估計未付餘額總額除以所有倉儲融資的估計未付餘額總額。