The big nonbanks stir up a non-QM turf war
Chasing purchase business, the big IMBs are moving into non-QM products. The legacy lenders in the space say their new competitors won't be able to do it at scale.
Source: housingwire.com
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Excelerate Capital is accelerating its growth in the non-QM market
Excelerate Capital, a long-time non-QM lender with a growing market presence, is looking to create a national lending footprint that will double the lender's origination volume in 2022.
Source: housingwire.com
Angel Oak Capital Advisors expands institutional business development team
Angel Oak Capital Advisors expands institutional business development team Submitted 18/12/2020 - 10:06am Angel Oak Capital Advisors, an investment management firm specialising in value-driven structured credit investments, has hired Jim Calla as senior vice president, institutional business development. In this role, he will oversee the expansion of Angel Oak’s institutional sub-advisory role for bank-owned life insurance (BOLI) separately managed accounts. Calla will help facilitate the r...
Source: hedgeweek.com