Skip to main content

Angel Oak Commercial Lending Acquires Cherrywood Mortgage
Jun 05, 2018
Atlanta-based Angel Oak Commercial Lending LLC has acquired a controlling interest in Cherrywood Mortgage LLC

Atlanta-based Angel Oak Commercial Lending LLC has acquired a controlling interest in Cherrywood Mortgage LLC, a national small-balance commercial mortgage lender based in Los Diamond Bar, Calif.
Cherrywood specializes in loan originations with balances of $5 million or less, typically on stabilized or value-add properties for all major commercial property classes.
With this acquisition, Cherrywood will become the wholesale small-balance commercial lending arm of Angel Oak Commercial Lending, and Chief Executive Officer Bill Komperda and President Ed Resendez will continue to lead Cherrywood’s operations.
“The experience that Bill, Ed and the Cherrywood team possess is unrivaled in the commercial lending industry,” said Ben Easterlin, Managing Director of Angel Oak Commercial Lending. “Cherrywood has long been regarded as a top firm in the space with an extensive network of brokers throughout the country.”

Jun 05, 2018
Fidelity National Financial Hit By Cyberattack

Industry-leading provider of title insurance and settlement services radio silent on reported breach.

Nov 28, 2023
Citizens Bank Bids Farewell To Wholesale Mortgage Channel

In a strategic pivot, the Providence-based banking giant will stop accepting new wholesale mortgage submissions.

Nov 16, 2023
Surprising Surge In Mortgage Customer Satisfaction, J.D. Power Study Reveals

Study found first-time homebuyers were harder to satisfy, customers don't just shop rates.

Nov 16, 2023
Women Continue To Defy Homebuying Challenges, Representing 22% Of The Market, Survey Finds

Young, educated, diverse, and increasingly savvy, women homebuyers navigate homeownership hurdles with determination.

Nov 15, 2023 Stays Bullish On Industry Disruption Amid Q3 Losses

Despite a $340 million Q3 loss,'s leadership emphasizes cost reductions, automation, and investment in technology.

Nov 15, 2023
Fannie Mae Extends Rent Payment Pilot

Positive Rent Payment program offers financial stability and opportunities.

Nov 14, 2023