We are excited to announce that Angel Oak has completed a $346 million securitization composed of non-QM loans. This is our first securitization since the COVID-19 crisis and a significant accomplishment given the challenging environment.
We quickly made changes to our non-QM products knowing the importance and demand of these loans in the market.
Here are highlights from our press release:
- AOMT 2020-2 is Angel Oak’s second securitization this year
- We now have completed a total of 16 non-QM securitizations
- Total issuance to date is approximately $5.7 billion
Read the full press release.