Items Tagged with 'Angel Oak'

ARTICLES

  • Angel Oak plots expansion in non-QM correspondent lending

    Brings on four new executives to lead growth effort
    Angel Oak Companies, an investment management firm that focuses on mortgage credit and made its name providing residential mortgages that don’t fit into the Qualified Mortgage box, has grown its business significantly over the last several years. And now, the company is set to grow again. Angel Oak announced this week that it is planning an expansion of its correspondent lending channel.
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  • Angel Oak Prime Bridge expanding into wholesale lending for fix-and-flip loans

    Now offering loans for real estate investors through brokers
    Mortgage brokers who have clients seeking financing for real estate investments now have a new outlet for funding, as Angel Oak Prime Bridge is expanding into wholesale lending. Angel Oak Prime Bridge is a member of the Angel Oak family of companies, and focuses on providing fix-and-flip loans to real estate investors.
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  • Angel Oak continues growth by expanding Angel Oak Home Loans into Louisiana

    Lender that offers non-QM options opens two new branches in Louisiana
    Angel Oak Companies, an investment management firm that focuses on mortgage credit and made its name providing residential mortgages that don’t fit into the Qualified Mortgage box, has grown its business significantly over the last few months. And now, the company is about to grow again.
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  • Angel Oak grows commercial lending arm by acquiring Cherrywood Mortgage

    Cherrywood will offer wholesale small-balance commercial lending
    Back in April, Angel Oak, an investment management firm that focuses on mortgage credit and made its name providing residential mortgages that don’t fit into the Qualified Mortgage box, expanded into commercial and multifamily lending by launching Angel Oak Commercial Lending. Now, the company is about to grow that commercial lending arm.
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  • Angel Oak Mortgage Solutions continues expansion, adds new executives

    Additions follow strong first quarter
    To keep the pace with its non-prime growth, Angel Oak Mortgage Solutions announced the addition of seven new account executives to expand its coverage nationwide. The additions come on the heels of a record-breaking first quarter for the non-agency lender, and its expansion into commercial and multifamily lending.
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  • Monday Morning Cup of Coffee: Private capital is returning to the mortgage market

    Plus, developments in affordable housing
    A few weeks ago, we asked if private capital was beginning to show more interest in the mortgage market. And now, we’re starting to see more signs that interest in mortgages that don’t fit inside the Qualified Mortgage box seems to be growing. Plus, big rental-related news out of New York and Minnesota. All that, and more, in your Monday Morning Cup of Coffee.
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  • Angel Oak expanding into commercial, multifamily lending

    Firm specializes in non-QM residential loans
    Angel Oak, an investment management firm that specializes in mortgage credit, made its name by providing residential mortgages that don’t fit into the Qualified Mortgage box, but now, the company is expanding into new lending arenas. Angel Oak announced Monday that it is launching Angel Oak Commercial Lending, which will provide financing to commercial real estate owners, developers and investors.
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  • Private capital interest in mortgages growing? Angel Oak closes its largest securitization

    More than 80% of loans are non-QM
    Earlier this year, Angel Oak Capital Advisors, an investment management firm that specializes in mortgage credit, raised $291 million to invest in mortgages that don’t fit inside the Qualified Mortgage box. Apparently Angel Oak’s investors aren’t the only ones interested in non-QM loans. Angel Oak announced this week that it closed its largest securitization to date, a $328.78 million offering comprised largely of non-QM mortgages.
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