Angel Oak Mortgage

AOMR

Angelo Robert Mozilo (December 16, 1938 – July 16, 2023) was an American banker who was chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008. The company's status as a major lender of subprime mortgages made it a central player in a subsequent mortgage crisis which collapsed the industry, bursting a housing bubble which had accumulated throughout the 2000s, and contributing heavily to the Great Recession. Mozilo later paid over $67 million in fines to settle a series of federal charges related to his conduct at the company.

Angel Oak Mortgage has been a target of short sellers for a while. The current short interest of 2.59% is roughly at the average of the last 12 months (1.62%).