Angel Oak Capital Advisors Returns to Market With $346 Million Non-QM Securitization

Angel Oak Capital Advisors, LLC (“Angel Oak”), has completed AOMT 2020-2, a $346 million securitization composed of non-qualified mortgage (“non-QM”) loans primarily originated by its affiliated mortgage lenders Angel Oak Mortgage Solutions, LLC, and Angel Oak Home Loans, LLC. The senior tranche of AOMT 2020-2 received a AAA rating from Fitch.

“AOMT 2020-2 is a great accomplishment and a testament to the skill and capabilities of our team as we continue to deliver securitizations to our strong investor base,” said Namit Sinha, chief investment officer of private strategies at Angel Oak. “This transaction and investor appetite reinforce Angel Oak’s ability to offer innovative investment solutions and execute securitizations in a challenging environment.”

AOMT 2020-2 is Angel Oak’s second securitization this year and marks the firm's 16th non-QM securitization since inception, bringing its total issuance to approximately $5.7 billion. The securitization consists of 827 loans, 84% of which were originated by Angel Oak affiliates.

“The non-QM industry has changed over the past few months, but we adapted quickly due to our focused approach and unique vertically integrated model,” said Sinha. “As one of the leaders in non-QM origination and securitizations, we are proud of our ability to consistently provide investors with potentially attractive opportunities in today’s marketplace.”

About Angel Oak Capital Advisors, LLC

Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions for its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of structured credit.

For more information, please visit: www.angeloakcapital.com

About Angel Oak Mortgage Solutions, LLC

Angel Oak Mortgage Solutions, a leader in alternative lending solutions, is the top wholesale and correspondent provider of non-QM loans in the nation. Its team of mortgage experts continues to pioneer a fresh, commonsense approach to overcoming today’s mortgage lending challenges. The team members operate in 44 states, and their breadth of non-QM products expands the pool of borrowers by offering partners more opportunities to grow their businesses and better serve their customers.

For more information, please visit: www.angeloakms.com

About Angel Oak Home Loans, LLC

Angel Oak Home Loans is a full-service mortgage lender. In addition to offering traditional mortgage products, it specializes in innovative alternative lending options. Angel Oak Home Loans’ flexible, supportive approach empowers prospective buyers to embark with confidence on a new path to home ownership. Its experienced team of licensed mortgage advisors is leading the way by delivering start-to-finish mortgage support and a superior client experience.

For more information, please visit: www.angeloakhomeloans.com

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