Angel Oak(US:AOMR) Businesswire·2026-02-21 00:08Group 1 - KBRA assigns preliminary ratings to ten classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2026-2 (AOMT 2026-2), a $272.8 million non-prime RMBS transaction [1] - The underlying collateral consists of 585 residential mortgages, with 52.1% classified as non-qualified mortgages (Non-QM) and 47.9% exempt from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule [1] - Angel Oak Mortgage Solutions and Emporium TPO are the largest originators, accounting for 24.8% and 10.1% of the pool respectively [1] Group 2 - KBRA's rating approach includes loan-level analysis through its Residential Asset Loss Model (REALM), third-party loan file due diligence, cash flow modeling analysis, and reviews of key transaction parties [1] - The transaction's legal structure and documentation were also assessed as part of the rating process [1] - The report provides access to ratings and relevant documents for further details [1]