Angel Oak Companies Sets Stage for Continued Growth with New Executive Additions

The leader in non-agency mortgage products embarks on a strategic plan to expand its integrated affiliate companies

ATLANTA--()--Angel Oak Companies is proud to announce the next chapter in its growth story as it names four new executives to its leadership team. Those new executives include:

  • Matt Henson, Chief Human Resource Officer
  • Al Stanley, Chief Information Officer
  • Steven Winokur, Chief Marketing Officer
  • Nick Mantia, Vice President of Training

In addition to naming new executives, affiliates of Angel Oak Companies increased staff 27% in 2016 with plans to grow on a similar trajectory in 2017. In particular, Angel Oak Mortgage Solutions is looking to double their sales force in the coming year. This balanced approach to strengthening the Angel Oak Companies team, both in the front office as well as in the field, positions Angel Oak Companies to accelerate their growth and innovation.

“With these new additions to our leadership team, we’re setting the framework for continued scalable growth throughout our affiliated companies,” says Michael Fierman, managing partner of Angel Oak Companies. “Our vertical structure has positioned Angel Oak Companies as a leader in the mortgage industry, and these new additions to our leadership team allow us to grow across the industry, from loan originations to securitizations.”

Since its inception in 2008, Angel Oak Companies’ growth story has been nothing short of robust:

  • Assets under management (AUM) for Angel Oak Capital Advisors grew from $10 million to over $6 billion
  • Loan production across its lending platform reached an all-time high in 2016 of over $1 billion from loans originating in 33 states. Their loan production has been assessed by Fitch and DBRS.
  • Angel Oak Capital Advisors successfully launched a European UCITs fund that has grown to over $250 million USD in AUM.
  • The Capital Markets group has completed four securitizations (FINS I, AOMT 2016 I and II and AOMT 2017-1). The securitization of AOMT 2017-1 was Angel Oak’s first rated transaction, receiving ratings from Fitch and DBRS.
  • Angel Oak is a three-time winner of the Atlanta Journal-Constitution’s Top Workplace award and was named one of Atlanta’s fastest growing private companies by the Atlanta Business Chronicle in three consecutive years.

“We’re continuing to strengthen our leadership team in key areas to support the tremendous growth across multiple business channels, primarily, asset management, lending and capital markets,” says Fierman. “We’re well-positioned to continue being the industry leader in specific segments of the credit markets. Our comprehensive business platform allows us to be innovative in turning today's lending challenges into tomorrow’s investment opportunities.”

About Angel Oak Companies

Angel Oak Companies is a collective of independent and diversified financial services firms, offering unique and specialized fixed-income expertise. Working with institutions and individual investors, the affiliated companies deliver asset management, lending capital market services, focused on turning credit challenges into investment opportunities.

For more information, please visit: www.angeloakcompanies.com

About Angel Oak Capital Advisors, LLC

Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed income investment solutions for its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. The experienced investment team seeks the best opportunities in fixed income with a specialization in mortgage-backed securities and other areas of structured credit. As of March 31, 2017, Angel Oak Capital has over $6 billion USD in assets under management across its mutual funds, private funds and separately managed accounts.

For more information, please visit: www.angeloakcapital.com

About Angel Oak Mortgage Solutions

Angel Oak Mortgage Solutions, a leader in alternative lending solutions, is the top wholesale provider of non-qualified mortgage loans. Angel Oak’s team of mortgage experts continues to pioneer a fresh, common sense approach to overcoming today’s mortgage lending challenges. Operating in 35 states, their breadth of Non-Agency products expands the pool of borrowers by offering partners more opportunities to grow their business and better serve their customers.

For more information, please visit www.angeloakms.com

About Angel Oak Home Loans

Angel Oak Home Loans is a full service mortgage lender. In addition to offering traditional mortgage products, Angel Oak specializes in innovative alternative lending options. Angel Oak Home Loans’ flexible, supportive approach empowers prospective homebuyers to embark on a new path with confidence. Angel Oak’s experienced team of licensed mortgage advisors is leading the way by delivering start-to-finish mortgage support and a superior client experience.

For more information, please visit: www.angeloakhomeloans.com

About Angel Oak Primebridge, LLC

Angel Oak Prime Bridge, LLC is a commercial residential lender providing financing solutions for today’s real estate investor. The Company was created in 2011 by individuals with extensive lending experience in the residential and commercial lending space. Their lending philosophy is founded upon a tenet of providing innovative portfolio loan programs, while consistently delivering an exceptional client experience, for both borrowers and referral partners.

For more information, please visit: www.angeloakprimebridge.com

Contacts

Media Contact:
Gregory FCA for Angel Oak Companies
Alex Nye, 610-228-2287
alexn@gregoryfca.com
or
Company Contact:
Angel Oak Companies
Steven Winokur, 404-637-0393
Chief Marketing Officer
Steven.Winokur@angeloakcapital.com

Release Summary

Angel Oak Companies Sets Stage for Continued Growth with New Executive Additions; The leader in non-agency mortgage products embarks on a strategic plan to expand its integrated affiliate companies

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Contacts

Media Contact:
Gregory FCA for Angel Oak Companies
Alex Nye, 610-228-2287
alexn@gregoryfca.com
or
Company Contact:
Angel Oak Companies
Steven Winokur, 404-637-0393
Chief Marketing Officer
Steven.Winokur@angeloakcapital.com