Angel Oak Adds Five New AEs

Jul 26, 2017

Fresh off its second rated securitization in 2017 of non-QM loans by Angel Oak Capital, Angel Oak Mortgage Solutions has announced the addition of five Account Executives to help originators grow their business across the country. David Hill joined in Atlanta; Gerica Coad in Sacramento, Calif., along with Sal Perez (Inside Sales); and coming on board in Florida, Stacy Flanigan in Tampa and Denise Perez in Ft. Lauderdale.

“I joined Angel Oak Mortgage Solutions to be part of an innovative, industry-leading organization. I love being with a team focused on providing lending solutions and excellent service to our clients,” said Coad.

“The only true leader in the non-QM market right now is Angel Oak,” said Flanigan, who was previously an AE for three years. “They are truly years ahead of anyone else trying to enter this market. The people, the culture, the management and commitment from everyone here is top notch. Angel Oak has made a huge footprint as the leader in non-prime and I am so happy to be back.”

With aggressive growth plans for 2017, Angel Oak is continuing to hire AEs in markets across the country and underwriters/support staff in their Atlanta headquarters.

“We have continued to see increased understanding and acceptance of non-QM programs based on production from originators as well as interest from investors,” said Tom Hutchens, Senior Vice President of Sales and Marketing for Angel Oak. “We continue to believe this space has tremendous growth opportunities and look forward to this new batch of talented Account Executives helping spread the message to our broker partners.”

About the author

NationalMortgageProfessional.com

Link copied

Published

Jul 26, 2017

Analysis and Data

Homeownership Slips Further Away For Californians

Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups

Buying a home in California became even harder across all ethnic groups last year, as surging mortgage costs pushed affordability further out of reach, according to the California Association of Realtors (C.A.R.). Only 18% of Californians earned enough to purchase the sta...

Analysis and Data

Mr. Cooper Shrinks Originations But Strengthens Borrower Retention Ahead Of Rocket Merger

Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment

Mr. Cooper Group reported first-quarter 2025 results that reflect a mixed environment for mortgage production and servicing, as the company emphasized operational stability and strategic expansion despite a slowdown in origination volume. Loan Production Mr. Cooper fun...