News

More On The-QM Patch

Brian Stevens interviews Tom Hutchens and John Hsu to better understand what the QM Patch expiration actually means. With so much misinformation and myths about the outcome if the CFPB kills it, NREP turned to Angel Oak to get the facts. Just call us the university of lending as we…

Get To Know Your Account Executive – Bob Hutchens

Bob Hutchens is your account executive you have come to trust as an expert and reliable consultant supporting brokers and correspondents. We would like you to get to know him even better! Bob is one of our many experts here at Angel Oak Mortgage Solutions and was one our first…

How Vital is the Non-QM PatchHow Vital is the Non-QM Patch

In case you have not heard, the QM Patch expiration is a hot topic right now. It’s set to expire in January of 2021. The patch is often times referred to as the GSE patch because it allows Freddie and Fannie to approve loans with higher DTI ratios than would…

Angel Oak Mortgage Solutions Automates the Pre-Qual Process

Easier and faster are definitely words to describe working with Angel Oak this year. We recently announced the launch of QuickQual which significantly increases the ease and speed of determining borrower loan eligibility. Now loan officers do not have to wait 24 hours for an answer – they receive one…

Market Conditions Make This an Ideal Time for a Cash Out Refi

Given the current market conditions, remind your borrowers that we have a cash out refi program. School is top of mind right now and using equity to fund college tuition helps a lot. Equity can also be used to fund a business or home renovations that lead to a better…

Housing News Podcast: Non-QM and the QM Patch Expiration

Tom Hutchens, EVP of production here at Angel Oak Mortgage Solutions, was interviewed by Clayton Collins, CEO of Housing Wire for their weekly Housing News Podcast. Tom talks about the role of non-QM in the industry at this point in 2019 and the elevated confidence among homebuyers now. And if…