Angel Oak Mortgage Securitization costs decreased by 17.7% to $1.40M in Q1 2026 compared to the prior quarter.
Higher costs generally correlate with higher securitization volume, indicating active portfolio turnover and capital recycling.
The direct costs associated with packaging mortgage loans into securitized products, such as legal, underwriting, and ra...
Specific to mortgage REITs that utilize securitization as a primary business model.
operating_expenses_securitization_costs| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $2.02M | $0.00 | $1.12M | $3.00K | $883.00K | $1.03M | $416.00K | $158.00K | $174.00K | $1.41M | $0.00 | $2.22M | $0.00 | $1.87M | $0.00 | $1.70M | $1.40M |
| QoQ Change | — | — | — | — | -100.0% | — | -99.7% | >999% | +16.3% | -59.5% | -62.0% | +10.1% | +710.3% | -100.0% | — | -100.0% | — | -100.0% | — | -17.7% |
| YoY Change | — | — | — | — | — | — | — | -56.3% | — | -62.7% | >999% | -80.3% | +37.3% | -100.0% | >999% | -100.0% | +32.3% | — | -23.1% | — |