Company: AOMN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001766478-25-000080
Chunk: 12

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 12
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 average interest rate8.37 %7.39 %Weighted average remaining contractual maturity (years)2930

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Angel Oak Mortgage REIT, Inc.Notes to the Condensed Consolidated Financial Statements(Unaudited)

At times, various forms of margin maintenance may be required by certain financing facility counterparties. See Note 5 — Financing.The following table sets forth data regarding the number of residential mortgage loans secured by residential real property ninety (90) or more days past due and also those in formal foreclosure proceedings, and the recorded investment and unpaid principal balance of such loans as of June 30, 2025 and December 31, 2024:As of:June 30, 2025December 31, 2024($ in thousands)Number of mortgage loans 90 or more days past due1 — Recorded investment in mortgage loans 90 or more days past due$1,367 $— Unpaid principal balance of loans 90 or more days past due$1,326 $— Number of mortgage loans in foreclosure2 — Recorded investment in mortgage loans in foreclosure$917 $— Unpaid principal balance of loans in foreclosure$888 $— 

4.    Investment Securities

As of June 30, 2025, investment securities were comprised of: (i) non‑agency RMBS (“AOMT RMBS”) and (ii) Freddie Mac and Fannie Mae whole pool agency RMBS (“Whole Pool Agency RMBS”, and together with AOMT RMBS, “RMBS”). The following table sets forth a summary of RMBS at cost as of June 30, 2025 and December 31, 2024: June 30, 2025December 31, 2024(in thousands)AOMT RMBS$108,495 $101,801 Whole Pool Agency RMBS$254,228 $201,994 

12

Angel Oak Mortgage REIT, Inc.Notes to the Condensed Consolidated Financial Statements(Unaudited)

The following tables sets forth certain information about the Company’s investments in RMBS at fair value as of June 30, 2025:June 30, 2025Real Estate Securities at Fair ValueSecurities Sold Under Agreements to RepurchaseAllocated Capital(in thousands)AOMT RMBS (1)Mezzanine$12,831 $(11,172)$1,659 Subordinate80