Caliber Home Loans Adds James Hecht as EVP, Head of Retail Production

NationalMortgageProfessional.com

Jan 31, 2019

Caliber Home Loans has announced that James Hecht has joined the company as Executive Vice President, Head of Retail Production. Hecht will oversee all retail production responsibilities for Caliber, leveraging his more than 20 years of experience and expertise in home lending. Hecht will report to Russ Smith, Executive Vice President, National Production and Chief Operating Officer.

"We are delighted to welcome James to the Caliber team, and are confident his extensive sales and management experience will be a strong asset to our company as we head into 2019," said Sanjiv Das, Chief Executive Officer of Caliber. "We look forward to benefitting from James's leadership and deep experience in production, joint ventures and operations to significantly accelerate our goals and execute our strategic growth plans for our retail organization."

Hecht joins Caliber from Stearns Lending, where he most recently served as Chief Operating Officer and Executive Managing Director, responsible for all production channels, fulfillment, credit and operations. Prior to Stearns, Hecht held a variety of senior management roles at Nationstar, MetLife and Bank of America Home Loans.

"Caliber's strategic vision and commitment to the retail production channel provides me with an opportunity that is difficult to match anywhere in the industry,” said Hecht. “I look forward to taking Caliber to the next level and leveraging our high-touch business model with our world-class technological capabilities to provide exceptional financing solutions to those looking to purchase a home.”

Link copied

Published

Jan 31, 2019

People On The Move

MBA Appoints Rachel Kelley Legislative Affairs VP

Kelley's focus will be on Republican members in the House.

The Mortgage Bankers Association appointed Rachel Kelley as its vice president of legislative affairs, with a focus on advocating MBA's legislative and policy priorities on Capitol Hill, particularly among Republican members of the U.S. House of Representatives. Kelley bring...

Analysis and Data

Mortgage Applications Inch Up 0.3%

Despite a 50 basis point decline in rates over past six weeks, purchase activity remained approximately 20% lower than the previous year.

Mortgage applications saw a marginal uptick of 0.3% for the week ending Nov. 24, 2023, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. The results, however, have been adjusted to account for the Thanksgiving holiday. The ...