Caliber Home Loans, a residential mortgage origination and servicing company based in Irving, Texas, named Jim Foley as regional vice president for the Washington, D.C., Maryland and Virginia territories.
Jim is an industry veteran with 29 years of experience in mortgage lending and has held leadership positions with premier mortgage lenders in the DC Metro area.
"Mortgage lenders today are faced with a series of major concerns, including compressed margins, high commissions and the cost to comply with new regulations,” said Jim Foley. “Caliber’s ability to retain servicing allows for control over products, overlays, and price that will be critical in the coming months.”
“I am excited to join the Caliber team, and I look forward to the opportunity to build upon Caliber Home Loans’ presence in the Washington Metropolitan area," Foley added.