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This is Angel Oak’s sixth private-label securities offering this year.
BRAVO 2022-NQM3 notes are supported by 920 loans with a total interest-bearing balance of approximately $387 million.
Notes are supported by 681 loans with a total unpaid principal balance of approximately $358.9M.
The notes are supported by 527 newly originated loans that have a balance of $272.4 million; 69.4% of the loans in the pool are designated as Non-QM,
Of the loans in the pool of 673 loans with a balance of approximately $357.4 million, 54.5% are designated as Non-QM.
The OBX 2022-NQM5 Trust notes are supported by 747 loans totaling $390.8M.
