Deephaven Hires Guaranteed Rate Exec Aaron Drago

Deephaven Mortgage has hired Aaron Drago as its new Chief Operating Officer, the company announced in a press release. “It’s an absolute honor to join such an esteemed organization focused on innovation and growth,” Drago said in a LinkedIn post. “Deephaven already differentiates itself through its agility and highly responsive service. In nautical terms, we’re a yacht, rather than a cruise ship, with the flexibility to make changes that cater to customers’ emerging needs. I’m excited to help us innovate our operations and leverage technologies to build on that advantage—and ultimately empower brokers and correspondents to serve more Non-QM borrowers,” he said. Drago brings decades of experience, including c-suite positions, to the company. He most recently served as COO for…

Angel Oak Opens New Branches In Carolinas, California

Non-QM lender Angel Oak Home Loans has opened five new branches in three states, the company announced. South Carolina now has three additional branches, one in Charleston, led by Ed Powell, SVP of Angel Oak Home Loans’ Consumer Direct Division; one in Columbia, led by Drew Church; and one in Cheraw, also headed by Church. The other two locations are in San Marcos, CA, led by Sean Casey, SVP and Western Regional Sales Manager, and Jacksonville, North Carolina, led by Brian Mitchell, Regional Sales Manager. Angel Oak now has 52 offices across 43 states. These five new branches add to a time of growth for the company, which opened four new offices just last month. “Angel Oak is well equipped…

Lisa Heitzmann Appointed Deephaven COO

Lisa Heitzmann has been appointed Chief Operating Officer at non-QM lender Deephaven Mortgage, the company announced in a press release. “I am excited to align Deephaven’s operations to support our positive, pro-borrower culture—where everyone is always looking to say yes. It’s a pleasure to build on this approach, while making it easier for our people and partners to help creditworthy Non-QM borrowers,” said Heitzmann. In this role, Heitzmann will oversee Deephaven’s internal underwriting, wholesale, and correspondent teams. Heitzmann’s background includes credit, risk, compliance, quality, and production. Prior to Deephaven she was a mortgage industry consultant specializing in process assessment and optimization. Her previous positions include Senior Vice President, Home Loans Quality and Operations at  Bank of America, and Director, Mortgage…