Angel Oak Announces Bold Bid to Increase its Non-Agent Mortgage Market Share



Angel Oak Capital Advisors announced an “ambitious” capital increase aimed at increasing its market share in the non-agent mortgage lending business.

The company announced Thursday that it has amassed nearly $ 1 billion in capital this year, with the money earmarked for non-agent mortgages. Angel Oak’s plan is to raise about $ 20 billion in non-agent mortgages over the next two or three years.

“Our non-agency investment strategies provide institutional investors with access to the residential mortgage market and, not least, diversification across their private loan portfolios, in addition to corporate loans,” said Manish Valeha, Head of Client Solutions at Angel Oak Capital. “We believe that owning junior AOMT securitization bonds is an attractive investment, especially in a zero-cap environment.”


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