Angel Oak Home Loans Hires VP Of Correspondent Sales – NMP Skip to main content

Angel Oak Home Loans Hires VP Of Correspondent Sales

Keith Griffin
Jun 28, 2022

Steven Valladares will focus on both agency and Non-QM sectors.

Angel Oak Home Loans, a full-service retail mortgage lender, has hired Steven Valladares, CMB, as its vice president of correspondent sales. Valladares brings over 30 years of experience in the mortgage industry to Angel Oak’s growing correspondent channel. The correspondent business line is focused on purchasing and servicing home loans in the secondary market.

Steven Valladares Angel Oak

In his new role, Valladares will be responsible for creating and implementing a sales infrastructure to support the internal and external sales teams, as Angel Oak expands its focus to include both the agency and non-qualified mortgage markets. The firm has been purchasing agency mortgages since the third quarter of 2021, developing and refining its process to offer customers a one-stop-shop approach for the sale, servicing and securitization of essentially all home loan types to a larger audience of lenders.

“I am excited to be part of the growing sales team at Angel Oak, where we will continue to provide excellent support to our lender partners, especially in this unique market environment,” Valladares said. “Angel Oak’s leadership in the non-qualified mortgage market is indicative of what’s to come as we expand in the agency space as well. Angel Oak will act as a multifaceted correspondent capable of satisfying the needs of the massive agency market as well as Non-QM.”

Valladares brings almost 20 years of direct sales experience focusing on correspondent sales and relationship management. Most recently, he was instrumental in the national sales growth of some of the largest banks and mortgage providers in the country, such as Wells Fargo and Fannie Mae, where he held vice president positions overseeing national sales and capital markets teams.

Valladares earned his Master of Business Administration from the Babcock School of Business at Wake Forest University and a Master CMB designation from the Mortgage Bankers Association. He was awarded the Master Faculty Fellow designation by the association and previously served a two-year term on its residential board of governors.

Published
Jun 28, 2022
More from
Career
Fairway Independent Mortgage Hires Former PrimeLending President

Firm says Scott Bristol is part of aggressive originator expansion.

Career
Aug 11, 2022
Angel Oak's New Hire To Focus On Correspondent Lending

Daniel Sheehy brings over 30 years of sales and management expertise in the mortgage industry.

Non-QM
Aug 10, 2022
The Money Store Appoints New Chief Operations Officer

Jeff Carter has extensive experience at top mortgage companies.

Career
Aug 09, 2022
Centric Bank Promotes Veteran To Lead Mortgage Services, Consumer Lending

Maura Cohen has been with Pa. lender for over 15 years.

Career
Aug 08, 2022
Birchwood Credit Services Promotes New Chief Operating Officer

Barrett Elliot has been with national provider of mortgage credit reporting services since 2010.

Industry News
Aug 08, 2022
nCino Announces Executive Leadership Appointments

Two SimpleNexus founders will take on increased roles.

Career
Aug 03, 2022