Angel Oak Mortgage, Inc. Charts Path Forward with Non-Mark-to-Market Financing and Provides Updated Book Value Estimate

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Dec 20, 2022

Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading 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, today announced the conversion of approximately $286 million of mark-to-market debt to non-mark-to-market financing for all continually performing loans. This, in combination with the loan sale disclosed on November 23, 2022, is part of the go-forward strategy outlined in the Company’s third+quarter+earnings+call held on November 9, 2022.