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Market Watch

Calque appoints CEO

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Market Watch
Wednesday, April 3, 2024

Calque recently announced the appointment of Michael Bremer as chief executive officer. Bremer has over 25 years of experience in the mortgage, real estate, insurance, and risk management sectors, the company announced in a press release.

Most recently, Bremer was at CoreLogic, where he led the company’s flood insurance product line before taking a role leading business transformation. During this time, Bremer was responsible for ensuring regulatory compliance and implementing scalable solutions that power the mortgage industry.

Calque collaborates with established lenders to provide white-labeled ‘buy before you sell’ loan solutions, enabling homeowners to purchase a new property and relocate before selling their home. In contrast to other ‘buy before you sell' providers, the release stated, Calque provides comprehensive product support so lending partners can offer their own branded and fully compliant solution that is cost effective for borrowers.

“I am thrilled at the chance to join a company dedicated to alleviating the challenges homeowners face during the homebuying and selling process,” Bremer said in the release. “Calque can help established lenders and real estate agents meet consumer needs without disintermediating them or disrupting their traditional roles. Instead of displacing all of those involved in the homebuying process, we are committed to empowering them to secure the best outcomes for their business and customers alike. I look forward to scaling up the business at Calque; homeowner equity is high, and thousands of owners are ready to start looking for their next property that meets their lifestyle as rates thaw.”

Bremer’s deep understanding of the mortgage industry and how borrowers can leverage their home equity will be critical to his role at Calque.

“Michael has a proven track record of scaling the mortgage solutions business, which makes him the ideal candidate to guide Calque through our next growth phase,” Calque Chairman Jeremy Foster said. “With lending partners now live in 48 states and more launching every week, Michael’s experience leading teams to handle high volume while still providing exceptional lender support will be invaluable.”

 

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