Angel Oak

Non-QM lenders are back. But will brokers pick up the phone? 

Some firms quickly pivoted to conventional products to serve remaining customers. Others took stock of their product offerings and tech stacks and initiated strategies to build stronger companies in the wake of the pandemic. Over the last several months, liquidity has poured back into the non-QM market, prompting roughly a half-dozen lenders to once again underwrite non-QM loans.