Angel Oak Mortgage Trust

New enhancement will help deliver quicker approvals, greater certainty, and a smoother borrower experience in bringing innovation to the Non-QM space

$191M inaugural offering sees strong investor interest; company says it plans to package more HELOCs alongside Non-QM securitizations

Timothy Saunders brings extensive experience to Non-QM provider’s core business drivers.

The securitization worth $580.47 million is Angel Oak Mortgage Trust's first of 2023.

Sreeni Prabhu replaces Robert Williams as CEO and president after two quarters of losses.

This is Angel Oak’s sixth private-label securities offering this year.