AOCL

AcronymDefinition
AOCLAccumulated Other Comprehensive Loss (finance)
AOCLAnodal Opening Clonus
AOCLAutomatic Open Crossing, Locally Monitored (rail traffic; UK)
References in periodicals archive ?
Cherrywood will serve as the wholesale small-balance commercial lending arm of AOCL.
The company said adding Cherrywood to the AOCL platform deal strengthens Angel Oak's commercial lending platform.
Cherrywood will serve as the wholesale small-balance commercial lending arm of AOCL. AOCL said with this strategic acquisition, the company is adding great business and a tremendous group of people to the AOCL team.
The recently launched AOCL, part of Angel Oak Companies, also originates loans of similar size for commercial real estate projects, one- to four-family income-producing rental properties, and bridge financing.
Adding Cherrywood to the AOCL platform marks the next evolutionary step for Angel Oak Companies, as it broadens its leadership position in the residential non-QM lending business by extending into this area of commercial lending.
As per the agreement, Cherrywood will serve as the wholesale small-balance commercial lending arm of AOCL. It will be led by chief executive officer Bill Komperda and president Ed Resendez.
Part of Angel Oak Companies, the recently launched AOCL also originates loans of similar size for commercial real estate projects, one- to four-family income-producing rental properties, and bridge financing.