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.
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.”