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Vericrest Selects Management Vet to Lead as Chairman, CEO

""Vericrest Financial, Inc."":https://www.vericrestfinancial.com/NoAuth/Default.aspx?ReturnUrl=%2fAccountInfo.aspx, a Dallas-based financial services company specializing in residential mortgage loan servicing, announced the appointment of Joe Anderson to chairman and CEO, effective immediately.

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Anderson will lead the ""integration"":https://themreport.com/articles/caliber-funding-vericrest-financial-announce-plan-to-combine-operations-2013-01-18 of Vericrest and Caliber Funding, LLC and assume the role of chairman and CEO of the combined organization. The transaction is expected to close within four to six months.

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Anderson is a well-known leader in the mortgage banking industry, carrying more than three decades of experience. His background includes expertise in production, capital markets, operations, finance, technology, credit, and governance.

Prior to joining Vericrest, Anderson served as senior managing director of Countrywide Home Loans' prime retail lending division. In that role, he led all origination channels including distributed retail branches, centralized consumer direct, strategic alliances, homebuilder, relocation, servicing recapture, and Internet lending. In previous senior-level roles with other mortgage organizations, he led capital markets functions, including hedging, loan securitization, and product development.

Anderson has also held senior leadership positions at First Horizon Home Loans, CC Mortgage, SWS Mortgage, MPACT Mortgage, and Nationstar Mortgage.

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