Caliber Funding LLC, Irving, Texas, is talking to several loan officers and support staff who worked at MetLife Home Loans and may wind up hiring upwards of 300 full-timers, according to officials familiar with the situation.
Caliber CEO Brian Simon told National Mortgage News that “We’re in the process of nailing down a few specifics” involving a “significant number of them” but said he could not comment further.
Caliber is a fast growing nonbank lender that is licensed to fund in 45 states. Simon said that within 90 days the company should be in all 50 states.
Simon joined the retail/wholesaler lender last summer from Freedom Mortgage Corp., Mt. Laurel, N.J.
MetLife, the insurance parent company, is in the process of exiting the “forward” mortgage business. Two weeks ago it announced its departure from mortgage banking, leaving the fate of 4,300 workers up in the air.
A dozen or so lenders have been courting MLHL’s top producing loan officers, including Caliber, EverBank, PlainsCapital, and Skyline Lending.
