IRVING, Texas, Feb. 13, 2014 /PRNewswire/ -- Caliber Home Loans, Inc., a leading residential mortgage origination and servicing company, today announced that Jim Foley has joined the company as Regional Vice President for the Washington D.C., Maryland, and Virginia territories effective Monday, February 10, 2014.
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. I chose to join Caliber Home Loans because I strongly believe Caliber's retail model is the future of mortgage lending," 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. In addition, the company has a proprietary technology platform, best-in-class fulfillment, an experienced leadership team and a sales-centric culture that made me feel at home. 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."
About Caliber Home Loans, Inc.
Caliber Home Loans, Inc. is a privately-held financial services company. Caliber's headquarters are based in Irving, TX. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae and is an approved servicer for FHA, VA and the USDA. The company carries multiple servicer ratings from Standard & Poor's, Moody's, Fitch and DBRS. To learn more about Caliber, visit www.caliberhomeloans.com.
- Jim Foley