Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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Angel Oak Mortgage Plans IPO

According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go public. So reports HousingWire.

dollar 3706548 640 smallThe company plans to sell 8.1 million shares at between $20 and $21 per share in its initial public offering (IPO). That equates to a value of approximately $537 million if the stock trades at $20.50. In the filing, Angel Oak said it has about $535 million in assets.

Once public, the company will trade under the symbol “AOMR.” Once on the New York Stock Exchange, Angel Oak would be considered a real estate investment trust (REIT).

Read the full article from HousingWire.

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