Tim Robberts
As we know, REITs come in a variety of shapes and sizes. Most discussion of REITs is centered around the best and biggest in the industry, including blue chip landlords like Realty Income (O), Simon Property
Angel Oak Mortgage: A Vertically Integrated Non-QM Lender
Summary
- Angel Oak Mortgage REIT is a mortgage REIT that focuses on non-qualified mortgage loans, a niche corner of the home loan market.
- AOMR is part of the Angel Oak Ecosystem, a vertically integrated home lender that underwrites, acquires, and securitized non-QM loans.
- The outlook for AOMR is dependent on volume in the residential real estate market.
- We explore AOMR's core business including the structure of their securitization rounds.
REITer's Digest
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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