Caliber Home Loans crosses $50 billion in mortgage servicing
Total portfolio for the company is now more than 244,000 loans
Leading residential mortgage business Caliber Home Loans is now servicing more than $50 billion in unpaid principal balance.
The total portfolio for the company is now more than 244,000 loans.
The $50 billion mark was hit after $8.4 billion in mortgage production volume last year.
The company also executed $36 billion in MSR acquisitions in 2013.
“We are extremely proud of reaching this important milestone for our mortgage servicing portfolio, and we look forward to achieving the continued growth goals that we’ve set out for ourselves," said Marion McDougall, Chief Loan Administration Officer for Caliber Home Loans.
"These results are a direct reflection of the strength of our loan servicing staff as well as the focus of our experienced management team," McDougall added.