Michael Brown Joins Caliber as SVP of National Builder Division

IRVING, Texas, Aug. 11, 2014 /PRNewswire/ -- Caliber Home Loans, Inc., a leading residential mortgage origination and servicing company, today announced the appointment of Michael Brown as Senior Vice President of its National Builder Division.  In this role, Brown will be responsible for growing the Company's builder initiative by partnering with home builders and new home sales professionals to help them build, sell and close more homes.

"We are truly excited to have Michael spearheading our builder initiative," said John Bianchi, Executive Vice President, National Retail Production. "Michael is a strong leader with an outstanding reputation in the industry as an enthusiastic, results-oriented individual. His expertise in business development, recruiting, and training sales teams will be extremely valuable as we work to expand our builder platform and grow our purchase loan volume.  He is a great addition to the Caliber team and we look forward to him working directly with the homebuilding industry while building stronger relationships for mutual success."

"I am pleased to have the opportunity to lead this new initiative for Caliber," said Michael Brown.  "Caliber has a strong leadership team that is truly committed to having the right products, tools, services, and support for our strategic partnerships with builders. Furthermore, Caliber is committed to offering the builder community an experienced and dedicated sales force with a streamlined approval and closing experience that will meet the unique needs of builders and developers."

Mr. Brown brings more than 25 years of experience in the mortgage industry to Caliber Home Loans and has held numerous senior management positions throughout his career.  Prior to joining Caliber, Mr. Brown served as a National Builder Division Manager at a privately-held mortgage organization, where he led the company's national builder program.  He also spent 17 years leading the National Builder Division of a large public mortgage organization and a top-tier financial institution, where he helped recruit, train and manage a team that contributed significantly to retail loan volume. 

About Caliber Home Loans, Inc.

Caliber Home Loans, Inc. is a privately-held financial services company.  Caliber's headquarters are based in Irving, 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.

SOURCE Caliber Home Loans, Inc.

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