Hutchens: Angel Oak Still Serving The Underserved
Tom Hutchens, executive vice president, production here at Angel Oak Mortgage Solutions, was featured on the May 18 episode of the Mortgage Leadership Outlook series. Andrew Berman talked to Hutchens about the COVID-19 pandemic’s impact on our business, the non-QM space, and trends he’s seeing in the market and more.
Our position on non-QM is clear – there will never be a period when non-QM will not be in demand. We did not pause non-QM lending due to a problem with our products or a credit crisis. We paused due to market conditions impacted by COVID-19. Responsible lending is our first priority along with phenomenal customer service. We have made necessary changes to our offerings to minimize risk and help credit-worthy borrowers purchase homes. We are still here helping brokers close more loans as quickly as possible.
Read more and view the recording here.