Angel Oak Mortgage REIT Extends Loan Facility, Lowers Pricing Spread

What Happened

• Angel Oak Mortgage REIT, Inc. (AOMR) reported on Form 8‑K that it and two of its subsidiaries entered into the Sixth Amendment to their Second Amended and Restated Master Repurchase Agreement with “Global Investment Bank 3.” The amendment, dated September 25, 2026 and reported on September 29, 2026, extends the loan financing facility through September 25, 2027 and reduces the interest rate pricing spread on the facility.

Key Details

• Amendment date: September 25, 2026; 8‑K filed September 29, 2026.
• Extension term: facility extended through September 25, 2027.
• Pricing change: interest rate pricing spread reduced from a prior range of 1.75%–4.75% to a new range of 1.35%–4.75%.
• Document: Sixth Amendment attached as Exhibit 10.1 (portions redacted under Item 601(b)(10)(iv) of Regulation S‑K). Subsidiaries named in the amendment include Angel Oak Mortgage Fund TRS and Angel Oak Mortgage Operating Partnership, LP.

Why It Matters

• For investors, the amendment signals continuity of AOMR’s financing arrangement and a lower minimum pricing spread, which can reduce borrowing costs on amounts drawn under the repurchase facility.
• The filing does not disclose outstanding borrowings or the dollar impact of the spread reduction, so the actual effect on earnings or dividend capacity depends on the company’s utilization of the facility.
• This is a material definitive financing agreement (Item 1.01) — investors should monitor future disclosures for details on borrowing levels and the company’s funding strategy.