Company: AOMN
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001766478-25-000019
Chunk: 146

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 7
Chunk 146
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 / called deals(869)— — (2,339,028)(2,339,897)IO and excess servicing prepayments— — (1,396)— (1,396)Changes in fair value, net52 1,207 501 (3,852)(2,092)Ending fair value$10,972 $55,665 $13,059 $392,362 $472,058 

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The following chart illustrates the geographic diversification of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of December 31, 2024 (percentages are based on the aggregate unpaid principal balance of such loans):

Geographic Diversification of Loans Underlying Our Portfolio

of RMBS Issued in AOMT Securitization Transactions

(as of December 31, 2024)

No state in “Other” represents more than a 4% concentration of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of December 31, 2024. Numbers presented may not sum to 100% due to rounding.

73

The following chart illustrates the geographic diversification of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of December 31, 2023 (percentages are based on the aggregate unpaid principal balance of such loans):

Geographic Diversification of Loans Underlying Our Portfolio

of RMBS Issued in AOMT Securitization Transactions

(as of December 31, 2023)

No state in “Other” represents more than a 4% concentration of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of December 31, 2023. Numbers presented may not sum to 100% due to rounding.

Commercial Mortgage Loans

The following table provides additional information on the commercial mortgage loans in our portfolio as of December 31, 2024:

Portfolio RangePortfolio Weighted Average($ in thousands)UPB$237 - $3,161$1,113Interest rate5.50% - 8.38%6.24%Loan term7.09 - 25.18 years11.19 yearsLTV at loan origination50.0% - 75.0%58.10%

The following table provides additional information on the commercial mortgage loans in our portfolio as of December 31, 2023