Yes, as I just explained we see it as something that happens at the time of our baptism, but it's not usual to see most Catholics calling themselves Born Again Christians, or would you disagree? It's certainly not something I see where I live.
Sadly, it's not common to see Catholics actually living to the fullness of what they ought to be. Most Cradle Catholics don't even know what that term means. Though many Converts use the term.