About 20% of its staff, or 75 people, were affected.
Angel Oak Mortgage Solutions has joined the growing ranks of Non-QM lenders that are trimming staff. The company on Friday laid off 75 people, or about 20% of its staff, “due to the current economic environment that has challenged the entire mortgage market,” a company spok...
Lack of inventory, declining housing affordability cited most often.
The National Association of Realtors (NAR) released its annual Appraisal Survey this week, determining the level of impact appraisals on the current market in terms of cost, turnaround times, and other challenges. It also measures member experiences with bias and discriminat...
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