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September 18, 2014

Caliber Home Loans Inks Deal to Buy $4 Billion Originator

By Paul Muolo

As part of the transaction, Cobalt co-founders Keith Tibbles and Ernie Gehre will stay with the company, which will become a division of Caliber.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

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