Angel Oak plots expansion in non-QM correspondent lending

Home Tags expansion. tag: expansion. happy days here to stay? Ten years of expansion move into. root-June 7, 2019. 0. Real estate. margin expansion in 1Q restores independent mortgage banks to profits. root-June 6, 2019. 0. Real Estate.. Angel Oak plots expansion in non-QM correspondent.

How to use non-QM to save deals for Realtors Angel Oak Mortgage Solutions, LLC is enhancing its correspondent lending channel with new technology, infrastructure and high-level talent that reflect the stunning growth in the non-qualified.

Angel Oak Companies set a record for non-qualified mortgage (non-QM) lending in Q3 2018 as affiliated lenders Angel Oak Mortgage Solutions LLC, angel oak home loans llc, and Angel Oak Prime Bridge LLC combined for over $664 million in non-QM originations. That figure represents a 30-percent increase in volume from Q2 2018 and a 153-percent.

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“Over the long term, the prospect of rising mortgage interest rates looms large over the market. Rising rates may cool rapid home price growth – especially in more-expensive coastal markets – but will.

Angel Oak Correspondent brings non-QM products to lenders all across the industry. "Angel Oak continues to pave the way for non-QM lending," says Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions. "More national lenders are catching on to the non-QM trend we’ve seen all along.

Tom is Executive Vice President of Production for Angel Oak Mortgage Solutions, an Atlanta-based wholesale and correspondent lender leading the non-QM space for five years and licensed in 44 states. Tom has over 18 years of experience in leading sales for a wholesale and correspondent lending platform with proven success in the expansion of a.

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Angel Oak Mortgage Solutions, LLC, a leader in alternative lending solutions, is the top wholesale and correspondent provider of non-qualified mortgage loans. Angel Oak’s team of mortgage experts continues to pioneer a fresh, common-sense approach to overcoming today’s mortgage lending challenges.

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 · Angel Oak plots expansion in non-QM correspondent lending May 14, 2019 / in Uncategorized / by Lindsay 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.