DFPI Secures $2.3 Million In Penalties and Borrower Refunds From Caliber Home Loans for Overcharging Thousands of California Borrowers

The DFPI has reached a $2.3 million settlement with former mortgage lender and servicer Caliber Home Loans, Inc. (Caliber), following findings that the company overcharged thousands of California borrowers, in violation of state financial regulations.