Angel Oak Lending
Steven Schwalb is the Managing Partner of Angel Oak’s lending entities. His responsibilities include the development of Angel Oak’s lending and servicing strategic plan, oversight of the origination and servicing platforms, and executing growth opportunities in agency approvals, servicing and securitization.
Steven co-founded Angel Oak Mortgage Solutions, a residential non-Agency wholesale and correspondent mortgage lender, and Angel Oak Home Loans, a residential Agency and non-Agency retail and correspondent lender. Under his leadership, Angel Oak Lending has broadened its product mix and now originates over $6 billion of loans annually.
Steven has more than 25 years of experience in residential lending. Prior to joining Angel Oak, he was the Senior Vice President of Capital Markets at SouthStar Funding, a national wholesale mortgage lender specializing in non-agency mortgage products. His primary responsibilities included product development, risk management, operations and investor relations.
Steven holds both a B.S. degree in Finance and an M.B.A. from Louisiana State University.