Caliber Home Loans Inc. has announced that Jim Foley has joined the company as regional vice president for the Washington D.C., Maryland and Virginia territories. Jim is an industry veteran with 29 years of experience in mortgage lending and has held leadership positions with premier mortgage lenders in the D.C. Metro area.
"Mortgage lenders today are faced with a series of major concerns, including compressed margins, high commissions and the cost to comply with new regulations. I chose to join Caliber Home Loans because I strongly believe Caliber’s retail model is the future of mortgage lending,” said Jim Foley. “Caliber’s ability to retain servicing allows for control over products, overlays, and price that will be critical in the coming months. In addition, the company has a proprietary technology platform, best-in-class fulfillment, an experienced leadership team and a sales-centric culture that made me feel at home. I am excited to join the Caliber team and I look forward to the opportunity to build upon Caliber Home Loans’ presence in the Washington Metropolitan area."