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Home » Angel Oak Stresses Viability of Nonprime Lending, Demand for Higher-Priced Loans
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Angel Oak Stresses Viability of Nonprime Lending, Demand for Higher-Priced Loans

December 11, 2015
Originating nonprime mortgages can be done without repeating the mistakes that contributed to the financial crisis, according to officials at Angel Oak Mortgage Solutions. The firm, one of the most prominent lenders in a severely constrained market, launched in early 2014 and offers nonprime mortgages via wholesale and correspondent channels. Tom Hutchens, a senior vice president of sales and marketing at Angel Oak, said the lender is comfortable extending ...
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