Sanjiv Das, former CEO of Caliber Home Loans, has taken a new role as President of Pagaya Technologies, an artificial intelligence underwriting fintech. He replaces Ashok Vaswani, who has served as Pagaya’s President since June 2022
In this role, Das will oversee the strategy and growth of the Company’s commercial business. This includes its single-family rental business and Darwin subsidiary.
He will begin his new role on October 16.
Das previously served as CEO of Caliber Home Loans, a NewRez-owned residential mortgage lending company. Prior to Caliber, Das was an executive at First Data and from 2008-2013 he was the CEO, president and chairman of Citi’s mortgage division. He has also held senior roles at Morgan Stanley, American Express and Bank of America.
During 2020, Caliber attempted to go public but due to adverse market conditions, the offering was called off. In April 2021, the company agreed to a sale to New Residential Investment which rebranded as Rithm Capital.
Das left Caliber in January 2022.
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