As HELOC Opportunities Grow, Angel Oak Completes Its First HELOC Securitization
$191M inaugural offering sees strong investor interest; company says it plans to package more HELOCs alongside Non-QM securitizations
$191M inaugural offering sees strong investor interest; company says it plans to package more HELOCs alongside Non-QM securitizations
Earnings backed by increased investment in Non-QM residential mortgage loans
But, net interest income is up ‘consistently throughout the year,’ company’s CEO says