Company: AOMN
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001766478-25-000042
Chunk: 99

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 99
---
MezzanineSubordinateInterest OnlyWhole PoolTotal(in thousands)Beginning fair value$— $10,972 $55,665 $13,059 $392,362 $472,058 Acquisitions:Retained bonds received in securitizations— 2,420 14,757 1,838 — 19,015 Third party securities— — — — 938,430 938,430 Effect of principal payments / called deals— (1,080)— — (1,125,653)(1,126,733)IO and excess servicing prepayments— — — (1,974)— (1,974)Changes in fair value, net— 423 3,127 (415)(3,688)(553)Ending fair value$— $12,735 $73,549 $12,508 $201,451 $300,243 

45

The following chart illustrates the geographic diversification of the loans underlying our portfolio of RMBS issued in AOMT securitization transactions as of March 31, 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 March 31, 2025)

Note: 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 March 31, 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

of RMBS Issued in AOMT Securitization Transactions

(as of December 31, 2024)

Note: 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 add to more than 100% due to rounding.

46

CMBS

In November 2020, we participated