MortgageOrb – Tom Hutchens: Non-QM Market Set For Explosive Growth in 2018


MortgageOrb recently interviewed Tom Hutchens, senior vice president of sales and marketing for Angel Oak Mortgage Solutions.

If you need further evidence of just how many creditworthy borrowers were shut out of the mortgage market following the implementation of the Consumer Financial Protection Bureau’s (CFPB) ability-to-repay/qualified mortgage (ATR/QM) rule that took effect in January 2014, then take a look at the success that non-qualified mortgage/non-agency lender Angel Oak Mortgage Solutions is having lately. Along with its affiliate lenders, Angel Oak Home Loans and Angel Oak Prime Bridge, the companies have originated…

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