Company: AOMN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001766478-25-000080
Chunk: 114

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 114
---
)Changes in fair value, net(48)109 (558)7,831 $7,334 Ending fair value as of June 30, 2025$12,831 $80,509 $10,992 $257,552 $361,884 

The following table sets forth information with respect to our RMBS ending balances, at fair value, for the year ended December 31, 2024:

MezzanineSubordinateInterest OnlyWhole PoolTotal(in thousands)Beginning fair value as of December 31, 2023$10,972 $55,665 $13,059 $392,362 $472,058 Acquisitions:Retained bonds received in securitizations2,420 14,757 1,838 — 19,015 Third party securities— — — 938,430 938,430 Effect of principal payments / called deals(1,080)— — (1,125,653)(1,126,733)IO and excess servicing prepayments— — (1,974)— (1,974)Changes in fair value, net423 3,127 (415)(3,688)(553)Ending fair value as of  December 31, 2024$12,735 $73,549 $12,508 $201,451 $300,243 

51

The following chart illustrates the geographic diversification of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of June 30, 2025 (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 June 30, 2025)

Note: No state in “Other” represents more than a 3% concentration of the loans underlying our portfolio of RMBS issued in AOMT

securitization transactions as of June 30, 2025. Numbers presented may add to more than 100% due to rounding.

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