Last year, Caliber Home Loans staff created over 1,500 paracord “survival bracelets” for U.S. service members deployed in potentially dangerous areas of the world. This year, the Paracord Initiative is back, with Caliber employees at the Corporate and Branch levels working to break last year’s bracelet production record. The bracelets are to be distributed by the organization Operation Gratitude in hundreds of “care packages” delivered to servicemen and women around the world.
Each finished bracelet contains 7½ feet of braided parachute cord – aka paracord – a material that can hold up to 550 pounds. A bracelet has many emergency uses, including support for a makeshift shelter, use as a perimeter trip line, or as a tourniquet. The paracord can also be unraveled into thinner strands that can mend fabric, be used as fishing line, or even as emergency sutures.
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Caliber Home Loans, Inc. is a mortgage servicer registered with the Superintendent of the New York Department of Financial Services. If you are a customer whose property is located in the state of New York, you may file a complaint and obtain further information about Caliber Home Loans by contacting the New York State Department of Financial Services Consumer Assistance Unit at 1-800-342-3736 or by visiting the Department's website at www.dfs.ny.gov.