New controls have made non-prime lending in the US much safer than the pre-crisis subprime loans of old. But could Canada’s smaller subprime market be steering the country toward its own correction?
The lender's current footprint stretches across 19 states and counting
Originators can build their business by letting Realtors know that loans are available for buyers with challenging credit
‘Nonprime is setting records every month,’ says Angle Oak, citing pent up demand
Neither a bubble nor a crash seen in the future, as new regulations and smarter underwriting keep the market on a smart course
Carrington VP says all signs point to more activity from recent graduates
Angel Oak VP says company follows general guidelines, but not rules, when determining what loans to approve, relying instead on common sense
Angel Oak VP says skin in the game makes all the difference