""Caliber Home Loans, Inc."":https://www.caliberhomeloans.com/Default.aspx, named Jim Foley as regional VP for the Maryland, Virginia, and Washington, D.C., territories.
Foley has nearly three decades of experience in mortgage lending and has held leadership positions with several premier mortgage lenders in the D.C. metro area, according to Caliber's announcement.
""Mortgage lenders today are faced with a series of major concerns, including compressed margins, high commissions and the cost to comply with new regulations,"" Foley said. ""I chose to join Caliber Home Loans because I strongly believe Caliber's retail model is the future of mortgage lending.
""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,"" he added.[COLUMN_BREAK] [IMAGE]