Caliber Home Loans, Inc. announced the appointment of Chad Smith, former loanDepot President of Direct Lending, as Executive Vice President, Head of Recapture and Direct To Consumer. Chad Smith will lead all Recapture and Direct To Consumer efforts, transforming the way Caliber interacts with its customers while leveraging the Caliber servicing portfolio of more than 650,000 customers. Chad Smith will report directly into Russ Smith, EVP of Production for Caliber.