Carrington will use LoanScorecard’s Portfolio Underwriter to enhance its underwriting process
The lender says the deal will enhance its ability to lead in the non-QM market
The transaction is the company’s second non-QM securitization this year
The transaction totalled more than $202 million in loan balance across more than 1,100 investor loans
The lender opens a new branch in Georgia
Some industry watchers worry about the sudden surge in non-QM securitizations – but is non-QM really the new subprime?
The company recently closed its 13th securitization for more than $569 million
Angel Oak Companies has seen record volume in both non-QM originations and securitizations