Planet Financial Group, LLC Subsidiaries Post Gains in Asset Management, Servicing and Originations
MERIDEN, Conn., July 22, 2021 /PRNewswire/ --In the second quarter of 2021, Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and Planet Management Group, LLC , continued to report steady growth in its servicing, correspondent, retail lending and private-client channels.
- MERIDEN, Conn., July 22, 2021 /PRNewswire/ --In the second quarter of 2021, Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and Planet Management Group, LLC , continued to report steady growth in its servicing, correspondent, retail lending and private-client channels.
- "The Planet Financial Group family of companies' multichannel business model delivered another quarter of strong results in the second quarter of 2021," said Michael Dubeck, CEO and President of Planet Financial Group.
- Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.
- Planet Financial Group, LLC, Meriden, Conn., is the parent of Planet Home Lending, LLC and Planet Management Group, LLC,which also does business under the name Planet Renovation Capital.