Deephaven Mortgage was founded in 2012 to help rebuild the non-government mortgage market. At that point, mortgage credit had dramatically tightened in response to the housing crisis and millions of credit-worthy borrowers were still locked out of the mortgage market.
Deephaven is an operating company of Pretium(1), an alternative asset manager with $13 billion in assets under management that specializes in single-family rentals, residential credit, and corporate and structured credit. We have purchased & originated over $5 billion of Non-QM loans from our partners since our inception. Deephaven has been one of the leading issuers of Non-QM securitizations. We have completed 11 securitizations totaling over $3 billion of bonds backed by Non-QM home loans.
We are a full service, multi-channel, committed long-term investor in the Non-QM marketplace and look forward to responsibly providing access to financing to the millions of underserved clients throughout the U.S.