Tag: Angel Oak Home Loans LLC
Angel Oak Selling Its Retail Lending Business
Angel Oak Home Loans Selling Brick-And-Mortar Locations Along With Staff To Cross Country Mortgage. Angel Oak Home Loans said Thursday it will exit its brick-and-mortar retail lending business. The Atlanta-based lender said it is selling its retail lending business to a buyer it declined to disclose. It also did not disclose the financial terms of…
Angel Oak Home Loans Eliminates 15% Of It’s Retail Employees
Angel Oak Home Loans Sent Pink Slips To 57 Employees On Friday After Sister Company Laid Off 75 Employees Two Weeks Ago Angel Oak Companies instituted 57 layoffs at its retail mortgage company, Angel Oak Home Loans on Friday. Two weeks ago, the company cut 75 people from it’s workforce in its wholesale and correspondent…
Angel Oak Mortgage Solutions Cuts 20% Of Staff
Like Non-QM Lenders, Angel Oak Mortgage Solutions Are Struggling To Sell Loans On The Secondary Market Angel Oak Mortgage Solutions is the latest player to cut a sizable chunk of its workforce amidst widespread market volatility. The company issued pink slips to 75 employees last week. This is about 20% of its workforce. The company…