Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

Caliber Home Loans Originates Highest Monthly Production Total

November 5, 2019 GMT

COPPELL, Texas, Nov. 4, 2019 /PRNewswire/ -- Caliber Home Loans, Inc. (“Caliber”), one of the nation’s leading mortgage companies, announced that it Originated $7.85 billion in October, a record for total one-month production and across nearly all Production channels. In addition to record Production, Caliber was the fastest growing mortgage company in the United States among the top 30 lenders between the second and third quarters of 2019, growing more than 70% in Production as measured by Inside Mortgage Finance.

“Our record production and strong growth are a testament to the Caliber team members’ hard work and dedication, particularly in Production and Operations areas,” said Sanjiv Das, CEO of Caliber. “I’m so proud of our employees’ relentless focus on helping consumers purchase the homes of their dreams and ultimately progress toward owning those homes faster. Looking ahead, we remain committed to maintaining our customer-centric culture and strengthening our leadership position.”

“At Caliber, we believe we’re unique in that we deliver the right programs for our consumers through a variety of Production channels and we service the majority of those loans. While we are excited to deliver record results, this is the only beginning, and we are confident we will continue to build on this momentum,” commented Russ Smith, Caliber EVP of National Production.

Caliber offers one of the most extensive arrays of products and programs among any lender, helping consumers at all stages of home ownership by offering unique solutions that meet the individual needs of consumers. Caliber Home Loans are available nationally through Retail Loan Offices, mortgage brokers and directly to consumers on caliberhomeloans.com.

About Caliber

Caliber Home Loans, Inc. is a privately-held financial services company with headquarters in Coppell, TX. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae and is an approved servicer for FHA, VA and the USDA. The company carries multiple servicer ratings from Standard & Poor’s, Moody’s, Fitch and DBRS. To learn more about Caliber, visit www.caliberhomeloans.com.

Contact Information
Rob Cushman
SVP of Marketing and Corporate Communications

View original content: http://www.prnewswire.com/news-releases/caliber-home-loans-originates-highest-monthly-production-total-300951033.html

SOURCE Caliber Home Loans, Inc.