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The company added Patti LoCoco, San Francisco Bay Area; Steve Wessel, Chicago; and Addison Wootton to its team of account executives.
“Demand for non-QM is continuing to grow as more originators understand the value of offering non-QM. We anticipate the growth to continue through 2022 and are prepared to add staff and resources to optimize efficiency through that growth,” said Tom Hutchens, executive vice president of Production for AOMS.
According to the company, LoCoco is very passionate about connecting and helping people become homeowners. She joined Angel Oak because the market is constantly changing, and it offers dynamic programs that allow borrowers to purchase and refinance a property.
“I would like to provide an opportunity for mortgage brokers to sustain their business and livelihood with economic changes and cycles,” said LoCoco.
Wessel has more than 28 years of professional experience in the mortgage banking arena. According to Angel Oak, Wessel joined the company because of its alternative to standard mortgage solutions.
“My main goal is to always find the best solution for the homebuyer or provide an alternative,” said Wessel.
Wootton will assume the role of inside sales advisor.
Angel Oak Mortgage Solutions offers non-QM and specialized mortgage solutions for brokers and correspondents throughout the country.