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  • Comment: Most of your sources are PR pieces about his company. qcne (talk) 14:41, 24 November 2024 (UTC)

Michael Fierman

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Michael Fierman is an American financial executive who serves as the Co-CEO of Angel Oak Companies, a vertically integrated asset management firm specializing in mortgage credit and fixed income solutions.[1]. He is known for his work in the structured credit markets and his role in developing the non-QM (non-qualified mortgage) lending space.

Career

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Early Career

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Prior to co-founding Angel Oak, Fierman spent over 15 years at Nomura Securities International, where he served as Managing Director and Co-Head of the Asset-Backed Securities Trading Desk[2]. During his tenure at Nomura, he was responsible for trading and risk management of residential mortgage-backed securities (RMBS) and other structured products.

Angel Oak Companies

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Fierman co-founded Angel Oak Companies in 2008 during the aftermath of the financial crisis[3]. Under his leadership, the company has grown to become a leading provider of mortgage credit solutions and alternative investment strategies. The firm manages several key subsidiaries:

  • Angel Oak Mortgage Solutions - A wholesale and correspondent non-QM lender
  • Angel Oak Home Loans - A full-service retail mortgage lender
  • Angel Oak Capital Advisors - An investment management firm
  • Angel Oak Commercial Lending - A commercial real estate lending platform

Industry Impact

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Under Fierman's co-leadership, Angel Oak has been credited with helping to pioneer the non-QM lending space following the implementation of the Dodd-Frank Act[4]. The company has originated over $10 billion in non-QM loans since its inception, making it one of the largest players in this market segment.

Business Philosophy

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Fierman is known for emphasizing a vertically integrated approach to financial services, combining lending operations with asset management capabilities[5]. This strategy has allowed Angel Oak to maintain control over loan quality while creating investment opportunities for institutional investors.

Recognition and Achievements

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Under Fierman's leadership, Angel Oak has received numerous industry accolades:

  • Named one of the fastest-growing private companies by Inc. Magazine multiple times[6]
  • Recognized as a top non-QM lender by industry publications
  • Achieved significant milestones in non-QM securitization volume

Education

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Fierman received his Bachelor's degree from Emory University[7]

Industry Leadership

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Fierman frequently speaks at industry conferences and provides expert commentary on mortgage market trends, particularly regarding non-QM lending and structured credit markets[8]. He has been quoted in various financial publications regarding:

  • The evolution of non-QM lending
  • Mortgage market trends
  • Alternative lending strategies
  • Fixed income investment opportunities

Personal Life

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Fierman is based in Atlanta, Georgia, where Angel Oak Companies is headquartered.[1]

References

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  1. ^ a b "Company Overview of Angel Oak Companies". Bloomberg. Retrieved 2024-11-24.
  2. ^ "Angel Oak Companies Celebrates 10th Anniversary". Business Wire. 2018-06-19. Retrieved 2024-11-24.
  3. ^ "Angel Oak's assets under management top $10 billion". HousingWire. 2020-02-13.
  4. ^ "Angel Oak Cos. Surpasses $10 Billion In Non-QM Originations". National Mortgage Professional. 2022-01-20.
  5. ^ "Interview with Michael Fierman: The Evolution of Non-QM Lending". Asset Avenue. 2021-03-15.
  6. ^ "Inc. 5000 2019: Angel Oak Companies". Inc. Retrieved 2024-11-24.
  7. ^ "Michael Fierman Profile". LinkedIn. Retrieved 2024-11-24.
  8. ^ "Non-QM Lending in a Post-COVID World". Mortgage Professional America. 2021-05-10.