Caliber Home Loans grows servicing portfolio over $50 billion.

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Irving, Texas-based Caliber Home Loans Inc. announced it has grown its residential servicing portfolio to an unpaid principal balance of more than $50 billion as of Dec. 31, 2013. The portfolio is comprised of more than 244,000 loans, the company reported.

The company noted that its servicing growth has come both organically as well as through bulk and flow purchases of mortgage servicing rights (MSRs).The organic growth was achieved by retaining servicing from the lender's $8.4 billion of production volume last year. During the same period, Caliber did bulk and flow MSR acquisitions totaling $36 billion.

"We are extremely proud of reaching this important milestone for our mortgage servicing portfolio, and we look forward to achieving the continued growth goals that we've set out for ourselves," said...

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