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Caliber Funding Announces New President, CEO Departure

Texas-based ""Caliber Funding LLC"":www.caliberfunding.com/ has announced the departure of its CEO and the appointment of a new president. Caliber has named Jim Ferriter as the company's president, and his promotion follows former CEO Brian Simon's exit from the organization.

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Ferriter has been a part of Caliber, a national wholesale and retail mortgage lender, since July 2011.

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Most recently, Ferriter served as the company's senior vice president (SVP) of retail production.

While performing as SVP, Ferriter was responsible for heading up Caliber's growth initiatives, and he worked to build customer relationships and preserve the company's loan origination controls. Prior to teaming up with Caliber, Ferriter was the national sales director at ""Surety Lender Services"":suretylenderservices.com/.

""Caliber represents an exciting opportunity in the mortgage origination business, and it has been growing significantly over the past year. I look forward to working with the team here of talented professionals to deliver an improved experience to our customers and business partners in wholesale and retail mortgage services,"" noted Ferriter.

During recent months, Caliber has expanded into four new regional markets, and additionally, the company added more than 300 mortgage professionals from MetLife Inc.'s home loans division. Caliber is now operating in 44 states around the country and has operations centers in Texas and Arizona.

About Author: Abby Gregory

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