Thursday, 6 May 2021 | The Latest Buzz for the Appraisal Industry

Caliber Sold to New Residential for $1.7 Billion

New Residential Investment Corporation has entered into an agreement with an affiliate of Lone Star Funds to acquire Caliber Home Loans Inc., bringing together the platforms of Caliber and NewRez LLC. Under the terms of the agreement, New Residential will pay a cash consideration of $1.675 billion to acquire Caliber. Through the acquisition New Residential …

The post Caliber Sold to New Residential for $1.7 Billion appeared first on DSNews.

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