Michael Borodinsky Joins Caliber Home Loans as Vice President of Retail East Division

IRVING, Texas, May 9, 2014 /PRNewswire/ -- Caliber Home Loans, Inc., a leading residential mortgage origination and servicing company, today announced that Michael Borodinsky has joined the Company as Vice President of Retail Lending for the East Region.  Borodinsky will be responsible for developing the company's growing Retail division in the New Jersey area as well as spearheading opportunities for growth.

"Michael brings 30 years of mortgage industry experience to Caliber Home Loans, and we are thrilled for him to join our growing retail division in the Eastern United States," said John Bianchi, EVP Retail Lending.  "In his career, Michael has funded over $4 billion in residential loans to more than 10,000 customers, and his expertise will serve Caliber well as we grow our business and further enhance the products and – importantly – the service we provide to our customers."

Borodinsky has earned several honors throughout his career, including the 5 Star Professional Designation, which highlights the top mortgage lending officers via customer service rankings.  He was ranked 11^th nationwide for 2013 in total loans funded by Originator Magazine. Additionally Borodinsky has been a member of the New Jersey Builders Association (NJBA) for the past 25 years and serves on the board of directors.  He has been elected to the NJBA Associate Hall of Fame and has also served as President of the Community Builders and Remodelers Association of New Jersey for five years.

"In today's competitive landscape, innovation and a commitment to providing superior service to customers and business partners alike is more important than ever before," said Borodinsky. "With its forward-thinking, sales-centric culture, Caliber Home Loans has been gaining momentum and positioning itself to become an elite mortgage service provider for years to come. I am excited to join Caliber's veteran leadership team of professionals and to help Caliber continue to grow its retail lending and builder business in the tri-state region."

Prior to joining Caliber Home Loans, Borodinsky served as Vice President/Regional Builder Manager at a national banking services firm where he successfully achieved significant growth in the New Jersey region while providing innovative mortgage solutions to clients.  He has also held several executive positions at top-tier financial institutions throughout his career. Borodinsky attended the University of Delaware where he earned a BS in Finance.

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.