Brian Simon is joining Caliber Funding LLC, Irvine, Texas, as its new chief executive, while Michael Massella is the company's new senior vice president, wholesale lending.
The company said these hirings are part of its plan to accelerate its growth strategy, including broadening its wholesale network.
Most recently, Simon was chief operating officer of Freedom Mortgage Corp., Mt. Laurel, N.J., where he was responsible for loan production and execution and developing corporate strategy and growth. Prior to joining Freedom in 2004, he served as executive vice president of Prime Mortgage Financial in charge of all loan production, secondary marketing and strategic growth.
Massella joins Caliber Funding from First Savings Mortgage, Bethesda, Md., where he was a senior vice president responsible for sales, recruiting and managing more than $750 million in annual production. Prior to that, he was president, production, of Aegis Mortgage Corp. While there, he developed and implemented a turnaround plan, oversaw the growth of the sales force and managed $14 billion in annual wholesale volume.
