Non-QM
As the industry continues its shift to the purchase market, diversifying the services you provide has never been more important. So, with a number of options out there, are non-QM loans a stable option for originators?
Pool consists of 1,196 first-lien, fixed-rate mortgages with an aggregate principal balance of $393.4M as of the Dec. 1, 2021.
Consists of a pool of 5,554 mortgage loans with an unpaid principal balance of over $4.5 billion as of Nov. 30, 2021.
Angel Oak Capital Advisors surpassed $10 billion in non-QM securitization issuance, after completing AOMT 2021-8, a $418.16 million non-agency securitization.
Incenter Appraisal Management will now offer remote appraisal services for non-agency/non-QM lender, Deephaven Mortgage.
Deephaven hired Steve Lemon as the company's senior vice president and national head of wholesale sales.
Fitch Ratings assigned its expected ratings to Angel Oak Mortgage Trust 2021-8, with more than 75% of the loan pool being designated as non-QM mortgages.
Amerant Mortgage LLC announced the expansion of its wholesale division and onboarded 28 new team members solely focused on the wholesale business.