Skip to main content

Angel Oak Hires New Chief Legal Officer

Jul 24, 2023
Angel Oak Companies Logo
Senior Editor

Timothy Saunders brings extensive experience to Non-QM provider’s core business drivers.

Angel Oak Companies, a provider of income-focused structured credit investment solutions and a non-qualified mortgage originator, announces the hiring of veteran corporate attorney Timothy Saunders to serve as chief legal officer and general counsel for Angel Oak and its affiliates, Angel Oak Capital Advisors and Angel Oak Mortgage Solutions.

In this capacity, Saunders is responsible for managing all of the firm’s affiliates’ legal affairs and regulatory compliance measures, as well as overseeing both Angel Oak Capital and Angel Oak Mortgage Solutions’ legal, risk, compliance, and regulatory teams.

Timothy Saunders Angel Oak

Saunders spent more than 20 years at Goldman Sachs, where he served as managing director and associate general counsel. In these roles, he oversaw legal and regulatory activity for the fintech, mortgages, commercial real estate, structured finance, and consumer finance business units. Most recently, Saunders served as general counsel and chief compliance officer for Reverence Capital Partners.

“Tim’s legal acumen, strategic thinking, and industry experience make him an invaluable addition to our executive team as General Counsel,” says Sreeni Prabhu, managing partner and Co-CEO of Atlanta-based Angel Oak. “He has consistently demonstrated expertise in anticipating challenges and managing risks. We are confident that he will use this skill set to navigate the legal and strategic aspects of our business, driving our firm toward further success.”

Added Mike Fierman, managing partner and Co-CEO, said, “Tim’s exceptional legal experience will be instrumental in ensuring excellence in all regulatory and compliance affairs, which is critical to our success. I have no doubt that Tim will make significant contributions that will support our growth.”

Saunders looks forward to applying his experience to his new role. “I am excited to join Angel Oak’s talented team and support the company’s growth moving forward. Given my background, I feel confident that I will make a significant impact.”

About the author
Senior Editor
Keith Griffin is a senior editor at NMP.
Published
Jul 24, 2023
Jason Lee New President Of The Loan Store

The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"

Dec 09, 2024
Connie Lindsay Joins Rate As SVP In Washington

Lindsay brings her mortgage banking experience to Rate

Dec 06, 2024
Mortgage Data Firm Appoints Chief Revenue Officer

Redefining Business Intelligence (RBI) bulks up its C-Suite

Dec 02, 2024
Kind Lending Names Jenn Stears New Branch Manager

The industry veteran has experience in the broker, wholesale lender, and retail lender space

Nov 22, 2024
Mortgage AI Start-Up Names Co-Founder As CEO

"No one else is offering anything close to this in the market today," says Redefining Business Intelligence (RBI) co-founder and CEO, Laura Lasher

Nov 21, 2024
Assurance Financial Expands Across Southern U.S.

Mortgage banker to open offices in Alabama, Florida, and Texas

Nov 20, 2024