Chief Executive Officer
Mr. Nichols is the CEO and Founder of Deephaven Mortgage. Deephaven is the leading purchaser of Non-QM loans and works closely with originators to help them develop products to reach borrowers unserved by the government mortgage market. Deephaven has acquired over $1.8 billion of Non-QM loans from its 100+ approved correspondents and issued five securitizations through its DRMT program. Deephaven was founded in 2012 and was acquired in 2014 by funds managed by Värde Partners, a $13 billion global alternative investment firm. Prior to founding Deephaven, Mr. Nichols was a Managing Director at Goldman Sachs where he ran the Residential Mortgage Loan Business. Over his twelve years at Goldman, Mr. Nichols built and ran multiple non-agency loan acquisition, origination, servicing, and securitization businesses. He holds a B.A. in Biochemistry from Amherst College.