Items Tagged with 'Caliber Home Loans'

ARTICLES

  • Calyx announces launch of Wholesaler MarketPlace

    New portal allows brokers and lenders to exchange data
    Mortgage software solutions provider Calyx announced Tuesday the launch of its Wholesaler MarketPlace, a portal that connects wholesale lenders to mortgage brokers. Seven wholesale lenders are now accepting loan submissions through this wholesale network, which allows brokers to connect with participating lenders directly through their LOS file.
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  • Caliber Home Loans fined for allegedly steering struggling homeowners into risky mortgage modifications

    Massachusetts claims Caliber offered interest-only loans instead of permanent mods
    Caliber Home Loans will pay a $2 million fine and hand out an unknown number of mortgage modifications to borrowers in the state of Massachusetts to settle allegations that the company steered struggling homeowners into risky mortgage modifications.
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  • MarketWatch: 3 reasons why the housing market is weaker than it seems

    The economy is relatively healthy, yet the housing market is showing signs of stress
    The economy is growing and our workforce is mostly employed, so why does the nation's housing market appear to be backsliding? Applications are falling, purchase volume is declining, and existing home sales are dwindling. Something isn't adding up, wrote Caliber Home Loans CEO Sanjiv Das in a recent article for MarketWatch. Here are three reasons why Das said the housing market is underperforming.
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  • [WATCH] Caliber Home Loans CEO lays out 3 things mortgage brokers should expect in 2019

    Watch an exclusive interview with Sanjiv Das
    For his upcoming HousingWire Magazine cover story on 2019's mortgage lending outlook, Editor-in-Chief Jacob Gaffney interviewed Caliber Home Loans CEO Sanjiv Das to get his perspective on what mortgage lenders should expect going into 2019. Here's an exclusive sneak peek what Das had to say.
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  • loanDepot creates national sales leadership position, fills it with industry top gun

    New National Sales EVP John Bianchi will report directly to Chief Production Officer Dan Hanson
    In an effort to grow its retail channel, loanDepot CEO and Founder Anthony Hsieh recently announced John Bianch was appointed to the position of executive vice president of national sales. Hsieh said Bianch's hire positions the company to further invest in the tools, products and technology that today's retail loan officer needs to win.
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  • Shakeup at Caliber Home Loans: COO of Production Phil Shoemaker departs

    Jordan Licht, who joined from Morgan Stanley, is taking over
    There are some changes afoot amongst the executive ranks at Caliber Home Loans as the nonbank lender works to continue its growth. Chief among those changes is the departure of Phil Shoemaker, executive vice president and chief operating officer of production. Sources close to the situation told HousingWire that Shoemaker is leaving Caliber to take the no. 2 spot at Home Point Financial. But that's not all that's happening at Caliber.
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  • From HW Magazine

    2018 Women of Influence: Jennifer Corcoran

    Senior Vice President of Origination Operations at Caliber Home Loans
    As senior vice president of origination operations, Jennifer Corcoran manages the fulfillment, operations and underwriting for all four Caliber channels. Described by her peers as an extremely quick study with tremendous energy and daily focus, Corcoran accomplished a 12% reduction in cost per loan in the first quarter 2018 from the first quarter of 2017. During that same period, she led a 15% volume increase.
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  • Caliber Home Loans rolls out jumbo loans with 5% down and no mortgage insurance

    Borrowers can qualify for $2 million with 5% down and 740 FICO score
    With home prices continuing to rise without any relief in sight, more lenders are beginning to offer new jumbo mortgage products in an attempt to keep up with those rising prices. Now, Caliber Home Loans is unveiling a new jumbo mortgage program of its own – and this one features loans of up to $2 million with as little as a 5% down payment and no mortgage insurance.
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