Home >> Headlines >> New EVP Announced for Caliber Home Loans
Print This Post Print This Post

New EVP Announced for Caliber Home Loans

Caliber Home Loans, Inc. (Caliber), headquartered in Coppell, Texas, the nation's fourth-largest nonbank residential mortgage originator with approximately $44 billion in 2017 originations and a servicing portfolio in excess of $130 billion, has appointed Chad Smith, former loanDepot President of Direct Lending, as EVP, Head of Recapture and Direct To Consumer.  

Caliber is a privately-held financial services company, an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae, and is an approved originator and servicer for FHA, VA, and the USDA. The company carries multiple servicer ratings from Standard & Poor's, Moody's, Fitch and DBRS.

"We are excited to welcome Chad to the team and believe his extensive industry experience and passion for serving customers make him uniquely suited for this new role,” Sanjiv Das, CEO of Caliber, said. We look forward to his contributions to Caliber, which will accelerate the growth of our franchise and our position as a top mortgage originator in the United States."  

Smith will lead all Recapture and Direct To Consumer efforts, transforming the way Caliber interacts with its customers while leveraging the Caliber servicing portfolio of more than 650,000 customers. Smith will report directly to Russ Smith, EVP of Production for Caliber.

"We look forward to Chad's insights and perspective as we continue to build a world-class team and provide timely solutions to our expansive customer base, which is among the largest of any non-bank financial institution," Russ Smith said.

About Author: Kristina Brewer

Kristina Brewer is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans. You can reach her at StaffWriter@theMReport.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Demand is Rising, But Where are The Houses?

Even though an increasing number of buyers toured homes, fewer homes were listed on the market in March, a study found.

GET THE NEWS YOU NEED, WHEN YOU NEED IT.

With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.