Caliber Home Loans files for initial public offering

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Caliber Home Loans Inc. filed for an initial public offering on Friday with plans to list on the New York Stock Exchange under the ticker “HOMS.” Credit Suisse, Goldman Sachs and Barclays are underwriting the deal. The company has not yet offered any terms, but says in in its prospectus that the proceeds will go to the selling stockholder, LSF Pickens Holdings LLC, a unit of Lone Star. “We are a proven leader in the U.S. mortgage market with a uniquely diversified, customer-centric, purchase-focused platform,” the company says in its prospectus. The deal comes after the recent IPO of Rocket Cos , parent of Quicken Loan, United Wholesale Mortgage’s merger with a special purpose acquisition corporation and LoanDepot’s reported plans to revive its IPO plans.
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