Angel Oak Announces $346M Non-QM Securitization
Angel Oak Capital Advisors has announced the completion of a $346 million securitization known as AOMT 2020-2, composed of non-QM loans primarily originated by Angel Oak Mortgage Solutions and Angel Oak Home Loans. 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.”