Angel Oak Mortgage REIT Issues $284.5M Non-QM Securitization
Calls securitization an 'inflection point' for the company.
Calls securitization an 'inflection point' for the company.
The $307M Non-QM offering is backed solely by its proprietary Community Mortgages.
Industry veteran Matt Roberts promoted to regional manager focusing on Western states.
Program is designed to assist first-time homebuyers.
Reports strong first quarter with rate lock volume of nearly $3.2 billion.
Company says it can't meet standards and won't appeal decision.
BRAVO Residential Funding Trust 2023-NQM3 is supported by 674 loans with a balance of $302 million.
OBX 2023-NQM3 Trust is a $407.5M securitization backed by 807 mostly Non-QM loans, 22% from SG Capital.
Latest securitizations signal recovery for the market
TFG Rate Guarantee program offers chance to buy now and refi when rates fall.