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Angel Oak plots expansion in non-QM correspondent lending

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, which is conducted under the Angel Oak Mortgage.

North Carolina-based blue ridge bank announced this week that it has partnered with HECM technology provider ReverseVision to launch a reverse mortgage division.. The bank, which said it has closed $25 billion in forward loans, is implementing ReverseVision’s RV Exchange loan origination system to support its launch.

This brings the total year-to-date non-QM origination to $1.53 billion as of Q3 2018. In addition to the record-setting volume, Angel Oak also added over 100 new hires while continuing its national.

Angel oak mortgage solutions Sets Sights High with the. – ATLANTA–(BUSINESS WIRE)–Angel Oak Mortgage solutions (angel oak), the leader in the Non-agency space, announces its strategic expansion into the correspondent lending market with the hiring of.

Jacob Gaffney Jacob Gaffney is the Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009..

In our Hot Topic segment on April 8th we’ll have Tom Hutchens with us talking about the growth of the non-QM loans and how these types of loans have been expanding across the mortgage industry. 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.

Angel Oak Mortgage Solutions Upgrades Correspondent Channel – According to the Atlanta-based company, Angel Oak Correspondent is launching a new Web site, AngelOakCorr.com, and the future expansion of the site will. “Angel Oak continues to pave the way for.

Angel Oak Companies, an investment management firm that focuses on mortgage credit and made. Mortgage FHA clarifies rules to attract more participants to its mortgage lending program | 2019-05-09

"Angel Oak continues to pave the way for non-QM lending," said Tom Hutchens, executive vice president of production at Angel Oak Mortgage Solutions. "More national lenders are catching on to the non-QM trend we’ve seen all along. Our correspondent team brings a new level of expertise to keep us ahead of the competition."

HousingWire Content on 'Non-QM loans'. Angel Oak plots expansion in non- QM correspondent lending. Brings on four new executives to lead growth effort.

ATLANTA–(BUSINESS WIRE)–Angel Oak Mortgage Solutions (Angel Oak), the leader in the Non-agency space, announces its strategic expansion. correspondent channel is going to enable lenders across.

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