He will support the company's efforts to deepen its foothold in the agency correspondent market
Non-QM specialist Angel Oak Home Loans has strengthened its correspondent lending team with the hiring of an industry veteran who has been with Chase Home Lending for over two decades.
Angel Oak has named Daniel Sheehy (pictured) as senior correspondent account manager to help lead the expansion of the firm’s correspondent lending business in agency and non-qualified mortgage markets. He will be responsible for creating new partnerships with lenders across the country and work closely with Angel Oak’s executive team.
Sheeshy has over 30 years of industry experience, including four years as a correspondent sales manager at Homepoint Financial and more than 20 years as a key account manager at Chase Home Lending.
“I’m very proud to join Angel Oak’s correspondent sales team, as their fast-paced culture and dedication to superior customer service truly differentiate their firm in the marketplace,” Sheehy said. “There is plenty of room for growth in the correspondent lending channel, and I plan to help Angel Oak capitalize on that by leading with tenacity. Angel Oak’s expansion into correspondent lending will not only allow us to attentively support new partners but also provide a wide variety of agency and non-qualified mortgage options to those who need them.”
Read more: Angel Oak Home Loans hires Fannie Mae veteran as VP of correspondent sales
The hiring move is part of Angel Oak’s long-term strategic plan to expand its correspondent lending division and follows the appointment of Steven Valladares as vice president of correspondent sales in July.
“We are building an excellent solution for the issues facing the mortgage industry now and for years to come,” said Valladares. “With Angel Oak’s infrastructure, skilled team members and industry expertise, I think we can become a dominant player in this space over the next few years.”
