IRVING, Texas, Aug. 8, 2016 /PRNewswire/ -- Caliber Home Loans, Inc. ("Caliber"), a leading residential mortgage origination and servicing company, today announced it has appointed Al Murad as its Senior Vice President of Consumer Direct, effective immediately. Mr. Murad will report to John Bianchi, Executive Vice President of National Retail Lending.
Mr. Murad has nearly a decade of experience in consumer direct lending, most recently serving as Senior Vice President of Sales at loanDepot, LLC. In that role, he was instrumental in building out the company's Franklin, Tennessee and Plano, Texas locations and was responsible for overseeing large sales teams at both sites. Mr. Murad previously served as Loan Originator and Sales Manager at First Residential Mortgage until the company's acquisition by Lending Tree. In 2014, he received a "Young Guns" award from Mortgage Professional America Magazine.
"We are pleased to welcome Al to Caliber at this important time in our company's growth trajectory," said Mr. Bianchi. "Following our recent acquisition of First Priority Financial, we have an expanded geographic footprint and a broader range of product and service offerings. With Al's proven track record of execution, we are confident that his consumer direct lending experience will be a valuable contribution to Caliber."
Mr. Murad said, "I am excited about the opportunity to join Caliber and look forward to leveraging my mortgage industry experience across Caliber's strong market position."
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.
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SOURCE Caliber Home Loans, Inc.