Angel Oak co-CEO reveals how they stay on top of the non-QM market

Today, Angel Oak holds one of the largest books of servicing assets in the non-QM sector. Fierman said they plan to stay on top of this market by using a successful formula that has enabled the company to thrive and expand its market share despite shifts or obstacles in the market.  

“We will do this by adhering to a very disciplined financial management system that we have mastered. As well, our mission remains to provide the best service and mortgage products to help a large and diverse population of underserved borrowers close efficiently,” Fierman told MPA in an exclusive interview. “We continue to hire the best people possible and invest in systems that allow us to grow in a controlled manner. Our belief is that all of this creates a winning combination that will allow us to retain our leadership in the market.

“The future of non-QM is a healthy and promising market. We are very pleased with the performance of non-QM currently, and we were able to rebound in a short period of time post-pandemic. Angel Oak believes that a healthy non-QM market should be upwards of $200 billion per year. Anyone not utilizing non-QM should do so to capitalize on the opportunity that exists right now.”

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