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Home | Uncategorized | Vericrest Changes Name to Caliber Home Loans
Hudson & Marshall
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Vericrest Changes Name to Caliber Home Loans

Vericrest Changes Name to Caliber Home Loans

Vericrest Financial, Inc., a financial services company with centers in Texas, Oklahoma, and California, announced it has changed its corporate name to ""Caliber Home Loans, Inc."":https://www.caliberhomeloans.com/, effective immediately.

[IMAGE] [COLUMN_BREAK]

Caliber Funding and Vericrest ""previously announced"":http://www.dsnews.com/articles/caliber-vericrest-to-combine-operations-2013-01-17 in January plans to combine organizations to create a full-service residential mortgage banking organization offering origination and servicing solutions. The new name was selected to represent the company's customer-friendly focus and broad range of mortgage banking services.

""Vericrest Financial and Caliber Funding have continued to grow and evolve since the merger was announced and our teams have been hard at work bringing our two companies together,"" said Joe Anderson, chairman and CEO of Caliber Home Loans. ""Changing Vericrest Financial's corporate name to Caliber Home Loans marks a significant milestone in this process and brings us one step closer to combining these two companies.""

The legal close of the merger is expected in coming months and is subject to customary closing conditions. The combined organization will continue to be owned by and having the capital backing of Lone Star Funds.

Hudson & Marshall

About Tory Barringer

Tory Barringer
Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.

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