Angel Oak

Angel Oak Financial Strategies Income Term Trust Declares December 2021 Distribution

Retrieved on: 
Wednesday, December 1, 2021

Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of December 2021.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of December 2021.
  • The record date for the distribution is December 17, 2021, and the payable date is December 31, 2021.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Mortgage, Inc. Closes Second Non-QM Securitization Since Initial Public Offering

Retrieved on: 
Tuesday, November 30, 2021

This was the companys seventh securitization and its second sole securitization since its initial public offering, as well as the 28th residential securitization overall completed under its affiliates AOMT shelf.

Key Points: 
  • This was the companys seventh securitization and its second sole securitization since its initial public offering, as well as the 28th residential securitization overall completed under its affiliates AOMT shelf.
  • This securitization represents further evidence that we are executing our securitization strategy on a consistent basis, said Brandon Filson, chief financial officer of AOMR.
  • We are happy with the execution, as investors continue to value non-QM assets and Angel Oaks track record of delivering high-quality deals.
  • At deal closing, AOMT 2021-7 consisted of 944 loans, almost all of which were originated by Angel Oak affiliates.

Angel Oak Financial Strategies Income Term Trust Declares November 2021 Distribution

Retrieved on: 
Monday, November 1, 2021

Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of November 2021.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of November 2021.
  • The record date for the distribution is November 16, 2021, and the payable date is November 30, 2021.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Financial Strategies Income Term Trust Declares September 2021 Distribution

Retrieved on: 
Wednesday, September 1, 2021

Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of September 2021.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of September 2021.
  • The record date for the distribution is September 16, 2021, and the payable date is September 30, 2021.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Capital Targets Institutional Capital Raise for $20 Billion in Non-Agency Mortgage Origination

Retrieved on: 
Thursday, August 26, 2021

Angel Oak Capital Advisors (Angel Oak), a leader in structured credit investment solutions, has raised approximately $1 billion in institutional equity capital on a year-to-date basis focusing on non-agency residential mortgage credit.

Key Points: 
  • Angel Oak Capital Advisors (Angel Oak), a leader in structured credit investment solutions, has raised approximately $1 billion in institutional equity capital on a year-to-date basis focusing on non-agency residential mortgage credit.
  • Angel Oaks ambitious capital raise seeks to further increase the firms market share in the non-agency mortgage market while delivering attractive risk-adjusted returns for its institutional investor base.
  • Angel Oak has led the resurgence of the private label non-agency market and established the Angel Oak Mortgage Trust (AOMT) securitization shelf as a market leader.
  • About Angel Oak Capital Advisors, LLC
    Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions for its clients.

Angel Oak Mortgage, Inc. Completes $316.6 Million Residential Non-QM Loan Securitization

Retrieved on: 
Wednesday, August 25, 2021

The securitization (AOMT 2021-4) was the Companys sixth securitization and its first sole securitization, as well as the twenty-fifth residential securitization overall completed under its affiliates AOMT shelf.

Key Points: 
  • The securitization (AOMT 2021-4) was the Companys sixth securitization and its first sole securitization, as well as the twenty-fifth residential securitization overall completed under its affiliates AOMT shelf.
  • This securitization was executed at very strong pricing as investors continue to value non-QM assets and Angel Oaks track record of delivering high-quality deals, said Brandon Filson, chief financial officer of Angel Oak.
  • The Company placed residential mortgage-backed securities with a face value of $306.4 million at a 1.12% weighted average cost of funding.
  • At deal closing, AOMT 2021-4 consisted of 632 loans, substantially all of which were originated by Angel Oak affiliates.

Angel Oak Capital Advisors Hires Manmohan Singh to Lead Insurance Industry-Focused Initiatives

Retrieved on: 
Wednesday, August 11, 2021

Angel Oak Capital Advisors has hired Manmohan (Manu) Singh as head of insurance solutions to spearhead a range of initiatives focused on the insurance industry.

Key Points: 
  • Angel Oak Capital Advisors has hired Manmohan (Manu) Singh as head of insurance solutions to spearhead a range of initiatives focused on the insurance industry.
  • In his most recent role, Singh acted as an independent consultant offering strategic advisory services, including to Angel Oak Capital Advisors.
  • During his 12-year tenure at Sandler ONeill, Singh worked exclusively with insurance companies, advising them on capital raising and M&A-related matters.
  • Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions for its clients.

Angel Oak Companies to Acquire Canadian Startup Covience

Retrieved on: 
Monday, July 26, 2021

As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (Angel Oak) announces its intention to acquire Canadian startup Covience in August 2021.

Key Points: 
  • As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (Angel Oak) announces its intention to acquire Canadian startup Covience in August 2021.
  • The Covience team is looking forward to joining Angel Oak and we feel that our complementing strengths will lead to incredible growth, says David Raju, founder and CEO of Covience.
  • Through its integrated credit and investment platform, Angel Oak Companies provides unique solutions across asset management and mortgage lending.
  • Angel Oak Ventures is a company focused on financial disintermediation and data analytics platforms that utilize the intellectual property of Angel Oak Companies to provide solutions to retail and institutional clients.

Angel Oak Capital Advisors' UltraShort Income Fund Celebrates Stellar First-Year Performance

Retrieved on: 
Thursday, May 9, 2019

Angel Oak Capital Advisors, LLC (Angel Oak), is pleased to announce that the Angel Oak UltraShort Income Fund (AOUIX) celebrated its one-year anniversary on April 2, 2019.

Key Points: 
  • Angel Oak Capital Advisors, LLC (Angel Oak), is pleased to announce that the Angel Oak UltraShort Income Fund (AOUIX) celebrated its one-year anniversary on April 2, 2019.
  • Since its inception, the Angel Oak UltraShort Income Fund has seen tremendous growth and delivered strong results.
  • For more information on the Angel Oak UltraShort Income Fund, please contact investor relations at 888-685-2915 or visit www.angeloakcapital.com .
  • About Angel Oak Capital Advisors, LLC
    Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed income investment solutions for its clients.

Angel Oak Companies Enjoyed Record-Setting Year in 2018

Retrieved on: 
Tuesday, February 5, 2019

Angel Oak Companies (Angel Oak) continued to lead the way in the growth of the mortgage credit industry during 2018.

Key Points: 
  • Angel Oak Companies (Angel Oak) continued to lead the way in the growth of the mortgage credit industry during 2018.
  • The company which comprises Angel Oak Capital Advisors and lending units Angel Oak Mortgage Solutions , Angel Oak Home Loans , Angel Oak Commercial Lending and Angel Oak Prime Bridge celebrated a number of achievements and significant growth over the past calendar year.
  • Expanded the Angel Oak Mortgage Solutions unit into four new states, while Angel Oak Home Loans added 18 new branches in four new states.
  • Alysse Prosnick, VP of Operations at Angel Oak Mortgage Solutions, was named an Elite Woman of 2018 by Mortgage Professional America magazine.