Angel Oak Mortgage REIT extends financing facility, lowers interest rate spread
Angel Oak Mortgage REIT extends financing facility, lowers interest rate spread
Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) and two of its subsidiaries have extended their loan financing facility with Global Investment Bank 3 through September 25, 2027. According to a press release statement filed with the Securities and Exchange Commission, the extension also includes a reduction in the interest rate pricing spread, which will now range from 1.35% to 4.75%. The previous range was from 1.75% to 4.75%.
The amendment to the financing agreement was executed on September 25, 2026. The company’s Chief Financial Officer and Treasurer, Brandon Filson, signed the filing on behalf of Angel Oak Mortgage REIT.
Angel Oak Mortgage REIT, Inc. is a real estate investment trust whose common stock and senior notes are listed on the New York Stock Exchange under the tickers NYSE:AOMR, NYSE:AOMN, and NYSE:AOMD.
A copy of the Sixth Amendment to the Second Amended and Restated Master Repurchase Agreement was included as an exhibit to the SEC filing. Portions of the exhibit are redacted pursuant to applicable regulations.
This information is based on a press release statement included in the company’s recent SEC filing.
In other recent news, Angel Oak Mortgage REIT reported its second-quarter 2026 earnings, which fell short of analysts’ expectations. The company announced earnings of $0.14 per share, significantly below the forecasted $0.33 per share. Revenue also did not meet the anticipated targets. Despite the earnings miss, Angel Oak Mortgage REIT’s GAAP net income increased to $3.4 million from $800,000 in the previous year, and distributable earnings rose to $9.0 million from $2.6 million. These developments indicate a rise in net income and distributable earnings compared to the same period last year. The company did not announce any mergers or acquisitions during this period. There were no updates regarding analyst upgrades or downgrades for Angel Oak Mortgage REIT.