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Inside Nonconforming Markets
» Angel Oak Facing Difficulties Amid Non-QM Volatility
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Angel Oak Facing Difficulties Amid Non-QM Volatility
September 30, 2022
Brandon Ivey
Angel Oak Companies is grappling with weak demand for non-QMs. One of the firm’s lending units laid off about 20% of its staff last week and Angel Oak’s REIT unexpectedly replaced its CEO this week.
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