Angel Oak Mortgage REIT, Inc. Overview
Pro stress-test →Angel Oak Mortgage REIT is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to stockholders.
Strategic Profile
Pro stress-test →In 2025, the company delivered its second consecutive year of double digit percentage net interest income expansion, combined with sustained operating expense reductions and valuation tailwinds, driving growth in net income and book value. The company was active in capital markets, executing four securitizations, re-securitizing two legacy securitizations, issuing senior unsecured notes, and adding a new loan financing facility.
Competitive Landscape
Pro stress-test →Angel Oak Capital Advisors, which manages the company, is described as a leading alternative credit manager with market leadership in mortgage credit. The company competes with other mortgage REITs including Granite Point Mortgage Trust, MFA Financial, Dynex Capital, and NexPoint Real Estate Finance in the mortgage REIT investment space.
Industry Context
Angel Oak Mortgage REIT, Inc. operates in Mortgage Real Estate Investment Trust (REIT).
Key facts
Founded: 2018 · Headquarters: Atlanta, Georgia