Appoints Chris Ledlie as Regional Vice President of the Greater Los Angeles RegionĬaliber Home Loans, Inc. entered into a definitive agreement to acquire substantially all of the assets of First Priority Financial Inc.Ĭaliber Home Loans Announces Executive ChangesĬaliber Home Loans, Inc. completed the acquisition of substantially all of the assets of First Priority Financial Inc.Ĭaliber Home Loans, Inc. Appoints Al Murad as Senior Vice President of Consumer DirectĬaliber Home Loans, Inc. Appoints Matt Schilling as Senior Vice President of Strategic GrowthĬaliber Home Loans, Inc. Introduces Caliber Ultimate Homebuying ExperienceĬaliber Home Loans Plans to Consolidate its North Texas Regional OperationsĬaliber Home Loans, Inc. for approximately $100 million.Ĭaliber Home Loans, Inc. entered into an agreement to acquire specified assets of bank home loan division and certain mortgage servicing rights from Banc of California, N.A. completed the acquisition of the specified assets of bank home loan division and certain mortgage servicing rights from Banc of California, N.A.Ĭaliber Home Loans, Inc. Appoints Justin Lally as Senior Vice President, Recapture and Direct to Consumer ChannelĬaliber Home Loans Appoints Chad Smith as Executive Vice President, Head of Recapture and Direct To Consumer ChannelĬaliber Home Loans Launches Mobile Platform Featuring Apps for Borrowers, Loan Officers, Account Executives, Brokers, Home Builders & Real Estate AgentsĬaliber Home Loans, Inc. Introduces Caliber Elite AccessĬaliber Home Loans Announces Pricing of Term Notes Secured by Ginnie Mae MSRs and ESSĬaliber Home Loans, Inc. Appoints James Hecht as EVP, Head of Retail ProductionĬaliber Home Loans, Inc. has filed an IPO in the amount of $100 million.Ĭaliber Home Loans, Inc. has withdrawn its IPO in the amount of $368 million.Ĭaliber Home Loans, Inc. for $1.7 billion.Ĭaliber Home Loans, Inc. from Lone Star Americas Acquisitions, Inc. NewRez LLC entered into a definitive agreement to acquire Caliber Home Loans, Inc. NewRez LLC completed the acquisition of Caliber Home Loans, Inc. Following the close of the acquisition, Sanjiv Das and Baron Silverstein will lead the combined platform with Sanjiv Das taking on the role of Chief Executive Officer and Baron Silverstein taking on the role of President and Chief Operating Officer.

New Residential financed the acquisition through a mix of existing cash and available liquidity on the New Residential and Caliber balance sheets. Raymond and Jon Van Gorp of Mayer Brown LLP acted as legal advisors to Lone Star and Caliber. Credit Suisse Securities (USA) LLC and Barclays acted as financial advisors to Lone Star and Caliber and Laurence Platt, Elizabeth A. Serating and Faiz Ahmad of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors to New Residential. acted as financial advisors to New Residential Investment Corp., parent company of NewRez, and Joseph A. The transaction is expected to be accretive in the first full calendar year following the close of the acquisition.Ĭitigroup Global Markets Inc. The transaction is expected to close in the third quarter of 2021.

The transaction was unanimously approved by Board of Directors of New Residential Investment Corp., parent company of NewRez. The receipt of financing is not a condition to the consummation of the transaction. The transaction is subject to certain closing conditions, including among others, the applicable waiting periods under the HSR Act shall have expired or been terminated and the receipt of certain governmental entity, government-sponsored entity and third-party approvals. In case of termination of the transaction, NewRez will pay a termination fee of $25 million. announced an offering of 45 million shares of common stock at a price of $10.10 per share and proceeds of offering will be used to finance the transaction.

On April 14, 2021, New Residential Investment Corp. NewRez intends to finance the transaction with a combination of equity and debt financing or other sources of liquidity. The consideration of the transaction will be paid in a cash and the consideration is subject to certain downward adjustments.

Loanstar home lending subsidiaries