Caliber Home Loans [1] announced that Karen Bausman has joined the company as Managing Sales Director of Correspondent Lending for the company’s Eastern Region. Bausman joins Caliber’s existing sales team of 10 sales directors who service customers nationwide.
Bausman is a 30 year veteran of the mortgage and financial services industry, and has held numerous senior management positions throughout her career. She will be responsible for spearheading the development of the Caliber Home Loans correspondent lending channel in the region.
"A successful, reliable and stable investor is an asset for any mortgage lender that wants to dominate in a competitive landscape," Bausman said. "I am thrilled to join Caliber and I am looking forward to rekindling my relationships with my former correspondent customers. We are operating in a competitive field with economic challenges and contracted volumes, and I believe lenders will recognize the stability of a non-bank investor, like Caliber Home Loans, that is committed to the correspondent space."
Prior to joining Caliber Home Loans, Bausman served as President at a premier mortgage services firm.