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Stock impact report

Angel Oak Companies Sees Continued Success in 2nd Quarter

Angel Oak Financial Strategies Income Term Trust Common Shares of Beneficial Interest (FINS) 
Company Research Source: Business Wire
Company continues to lead the growing non-QM market ATLANTA--(BUSINESS WIRE)--After a record-breaking first quarter, Angel Oak Companies’ residential mortgage lending platform, which includes Angel Oak Home Loans LLC and Angel Oak Mortgage Solutions LLC, has reported stellar second-quarter growth, continuing to prove itself a powerful force in the non-agency mortgage market. The Angel Oak lending platform originated $681 million for the quarter, a 45% increase from Q2 2018, bringing its 2019 origination total to over $1.2 billion.“We are excited and grateful to continue our upward trajectory of growth and success within the mortgage lending market,” said Steven Schwalb, managing partner of the Angel Oak lending platform. “Our success is a testament to Angel Oak’s consistent dedication to providing the highest quality of products and services for our clients.”A leader in growth of the non-qualified mortgage securitization market, Angel Oak Capital Advisors, LLC, also completed a non Show less Read more
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