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Irving-based Caliber Home Loans said today that it is buying Cobalt Mortgage, a privately-held retail mortgage lender based in Washington state. The deal would create one of the largest independent.
is the nation’s largest non-bank mortgage servicer and a leading mortgage lender. It has about 7,000 employees, including 4,000 in Dallas-Fort Worth. The consolidation comes as the red-hot housing.
Depending on the lender, borrowers pay a fee. Arlington passed an ordinance in 2015 with Hurst, Euless and Bedford following in 2016. Grand Prairie, Flower Mound and Weatherford have ordinances.
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