summer-oaks 
Housing Wire
SEPTEMBER 7, 2022
Angel Oak is among the few offering a 40-year mortgage, and Sprout Mortgage also had one before it abruptly shut down earlier this summer. The housing industry has been largely supportive of the Federal Housing Administration ‘s proposed 40-year loan modification as a tool for loss mitigation.
Housing Wire
OCTOBER 18, 2022
The price of goods and services is rising fast, with this summer seeing the inflation rate hit levels not reached in four decades. Ravi Correa is Chief Financial Officer at Angel Oak Lending and responsible for all financial aspects for Angel Oak-related mortgage lending entities.
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Housing Wire
SEPTEMBER 30, 2020
Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August.
Housing Wire
JANUARY 4, 2021
Its competitors Angel Oak Mortgage Solutions , New Rez Mortgage , Caliber Home Loans , Athas Capital Group , Carrington Mortgage Services and First Guaranty Mortgage Company all halted issuing non-QM loans, which comprise roughly 5% of the overall mortgage market. . Citadel resumed non-QM lending in the summer.
Housing Wire
AUGUST 12, 2020
The company nearly reached unicorn status last summer with its $130 million Series E raise. The company also was attracted to having a strategic investor such as Canapi, a $545 million fund which was co-founded by Gene Ludwig (founder of Promontory Financial Group ) and Chip Mahan ( Live Oak Bancshares CEO).
Housing Wire
JULY 12, 2022
Tom Hutchens, executive vice president of production at non-QM lender Angel Oak Mortgage Solutions , said previously, however, that for nonprime mortgages (or non-QM loans), the interest rate normally averages about 1.5 Since late summer 2021, however, the prime prepayment rate has declined steadily — down to at 8.7%
Berkshire Hathaway
JUNE 24, 2021
In summer it’s all about being outdoors, and living in Michigan time spent outside means spending time near the water, so we have compiled the best pet friendly beaches to visit with your furry BFF. Orion Oaks Dog Park Beach – Lake Orion. Norman F Kruse Park – Muskegon. Deerlick Creek Beach – South Haven. Kirk Park-Holland.
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