Angel Oak Home Loans Cuts 15% Of Staff

National Mortgage Professional, Oct. 11, 2022–David Krechevsky
It’s been a rough couple of weeks for the staff at Angel Oak Companies. Friday, the Atlanta-based company’s Angel Oak Home Loans unit laid off 57 employees, or about 15% of its staff. Based on that, the company had 380 employees before the cuts, including 200 mortgage loan originators.