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300-Plus Personnel Leaving MetLife for Caliber

Initiating a major expansion into four new regional markets, ""Caliber Funding LLC"":www.caliberfunding.com/ recently announced the hiring of more than 300 mortgage professionals.


Caliber's personnel additions will serve to staff the company's operations in New England; the Great Lakes area; the Philadelphia, New Jersey, Delaware area; and greater Washington, D.C.

Caliber's aggressive march into new markets will enhance its presence around the U.S., positioning Caliber for what the company hopes will be significant growth. Texas-based Caliber


also revealed that it will continue taking on more personnel throughout the first quarter of the year.

Capitalizing on ""MetLife Inc.'s"":www.metlife.com/ decision to exit the forward originations business, most of Caliber's 300-plus new staffers will be joining the company from previous positions with MetLife's home loans division. The hiring binge is set to double the size of Caliber's existing mortgage lending team.

CEO of Caliber, Brian Simon, said of the company's plan to broaden its reach, ""This is a game-changing announcement for Caliber. This expansion significantly enhances our operations, accelerates our growth profile and unlocks substantial business opportunities by positioning Caliber solidly in four additional, highly attractive markets.""

Continuing his commentary, Simon noted, ""The sales leadership that we are bringing to Caliber is among the best in the business.├âÔÇÜ├é┬áWith this influx of highly skilled and seasoned talent, Caliber will be even better positioned to deliver an improved experience to our customers and business partners in wholesale and retail mortgage services.""├âÔÇÜ├é┬á├âÔÇÜ├é┬á├âÔÇÜ├é┬á├âÔÇÜ├é┬á

Located in Dallas, Caliber is known as a wholesale and retail originator for conventional, conforming, and government mortgages. The company currently boasts a presence in 46 states around the country.

About Author: Abby Gregory


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