Where non-QM stands and its continuing importance in 2021
The deal marks the company's second non-QM securitization this year
The loans in the pool were originated primarily by First Guaranty, Caliber and LoanStream
Making non-QM easy for originators is the key to expanding the space, says Tom Hutchens
The correspondent investor placed a moratorium on non-QM loans at the onset of the pandemic
The New York-based digital bank had temporarily halted non-QM lending due to the COVID-19 crisis
The new securitization consists of loans written by Angel Oak companies
This product can be especially useful to self-employed borrowers who may be excluded from traditional loan products