Caliber Home Loans acquires Cobalt Mortgage

Irving, Texas-based Caliber Home Loans, is acquiring Cobalt Mortgage, significantly expanding its sales force and nearly doubling the size of its branch retail lending business.

IRVING, Texas, Nov. 6, 2014 /PRNewswire/ — Caliber Home Loans, Inc. ("Caliber"), a leading residential mortgage origination and servicing company, today announced it has completed its acquisition.

Local mortgage industry expert Alison Eldridge will oversee and drive growth of the newly acquired Beaumont branch. will continue to provide high caliber service to the local community and families.

He was a primary shareholder and a key figure of Cobalt Mortgage until the company’s assets were acquired by Caliber Home Loans in November 2014. Recognizing his talent immediately, Caliber Home Loans promoted Mr. Yeager to the role of Divisional Vice President. In that role, he manages 1,500 employees, including 750 loan officers, in 15 states.

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LPS: Mortgage delinquencies down 10% It handles mortgage processing and default management outsourcing. As a result, it comes across a wealth of top-down mortgage information. In October, 90-day mortgage delinquencies stood around 4.8.

American Mortgage Consultants, Inc. (“AMC”) has acquired MBMS, Inc. (“MBMS”), joining the. Contact us today to find out how partnering with Towne Mortgage can help you!” Caliber Home Loans, Inc. is.

In November, Caliber Home Loans acquired Cobalt Mortgage and Chris brings a strong leadership quality to our combined organization."

Let Caliber Home Loans Inc. guide you home by helping you take the first step towards buying or refinancing your dream home with one of our Loan Consultants.

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Dan Peck Team-Caliber Home Loans, Inc. – 11255 Kirkland Way, Kirkland, Washington 98033 – Rated 5 based on 4 Reviews "Wonderful loan officer and team..

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In the decade since the financial crisis, nonbank mortgage companies-for example Quicken Loans, Inc., Freedom Mortgage Company, loanDepot.com, and Caliber Home Loans. guarantee, or acquire.[4].

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First Prioirty Financial Acquisition by Caliber Home Loans Complete Caliber Home Loans of Texas announced the acquisition of Washington’s Cobalt Mortgage. By most accounts this is a good fit, including STRATMOR’s which represented Caliber, so congratulations to.