Non-QM
The securitization worth $580.47 million is Angel Oak Mortgage Trust's first of 2023.
VCC 2023-1 is backed by 695 mortgage loans with a total principal balance of $240,308,194.
Loans in the pool were originated primarily by Acra Lending and LoanStream Mortgage.
Industry veteran Danya Sawyer will begin in her new role on Feb. 1.
Nashville-based lender to focus on lending to borrowers with non-traditional income streams.
OBX 2023-NQM1 is a $405.2 million non-prime RMBS transaction.
Jason Dumke to help brokers grow their Non-QM business.
EFI contributed about 85% of the loans, with the remainder contributed by a fund managed by Ellington Management Group L.L.C.
The pool includes fixed and adjustable-rate loans acquired by Annaly Capital Management Inc.
Texas-based lender adds industry veteran Dustin Wells as co-president to lead growth.