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Angel Oak Capital Advisors Delivers First-to-Market, Non-Agency Social Bond Securitization

We are proud to announce the launch of the AOMT 2021-2 which is the U.S. industry’s first non-Agency RMBS that qualifies as a social bond. Our latest securitization offers a unique first of its kind environmental, social and governance (ESG) component that has not been completed before in the non-Agency space. This securitization based on an ESG perspective is specifically for the underserved borrower helping people who otherwise would not have closed on a mortgage loan without non-QM. To us, this is not just a business transaction, but a commitment to a community of borrowers requiring alternative solutions to achieve homeownership.

The securitization totaling $231 million is comprised primarily of non-qualified mortgages (non-QM) originated entirely by affiliated mortgage lenders. Impressively,the transaction was rated by Fitch Ratings and Kroll Bond Rating Agency, and the senior tranche received a AAA rating. AOMT 2021-2 is our second securitization this year, totaling approximately $500 million in issuance in 2021 alone. Since our first securitization in 2015, our company has been a true leader in non-Agency RMBS issuance, having completed 23 securitizations totaling more than $7.9 billion.

Learn more about the securitization’s ESG components and how it leverages Angel Oak’s unique vertically integrated business model by clicking below. 

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