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Home » Planet Home Lending

Articles Tagged with ''Planet Home Lending''

Court Upholds Conviction of Borrower for Lies to Servicer, FDIC

January 11, 2024
James Dohnert
A mortgage borrower lost an appeal of a district court decision that he lied to a servicer and to the FDIC about the amount of debt he owed.
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Planet Home Lending Expects Construction Lending Boost

January 5, 2024
James Dohnert
Planet Home Lending plans to grow its construction loan volume this year and recently hired a construction sales manager.
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Nonprime Servicing Portfolios Grow Steadily in Third Quarter

December 1, 2023
James Dohnert
A group of 20 servicers tracked in our rankings increased total nonprime servicing volumes by 11.1% on an annual basis as of the end of September. (Includes data table.)
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Brokers Lose Share in FHA/VA Market in Third Quarter

December 1, 2023
Monica Hogan
The broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter. (Includes data table.)
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Consolidation in the Mortgage Space Drives MSR Sales

October 27, 2023
Dennis Hollier
The flurry of bulk sales of mortgage servicing rights continued into the third quarter, helping shift market share in the GSE market to larger firms. (Includes two data tables.)
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Nonprime Servicing Portfolios See Steady Growth in 2Q

September 8, 2023
James Dohnert
Select Portfolio Servicing continued to dominate the sector in the second quarter. (Includes data chart.)
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Ginnie Securitization Stabilizes in August

September 8, 2023
Monica Hogan
The volume of FHA loans securitized into Ginnie Mae mortgage-backed securities increased 2.3% between July and August, while VA loan production sent to Ginnie declined at a similar rate. (Includes two data charts.)
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Correspondents Gain Ground in First-Quarter Government Market

June 30, 2023
Monica Hogan
Loans originated by correspondents made up nearly half of first-quarter government-insured lending, a new analysis shows. (Includes data chart.)
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Ginnie Mae MBS Issuance Increases Slightly in May

June 16, 2023
Monica Hogan
The volume of Ginnie Mae mortgage-backed securities issued last month increased slightly from April, driven by a modest uptick in FHA activity. VA deliveries to Ginnie declined in May. (Includes two data charts.)
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Grapevine: Debt Ceiling and Interest Rates; Lenders Still Shrinking

May 12, 2023
Brandon Ivey and Paul Muolo
Interplay between debt ceiling and mortgage interest rates; mortgage employment declines; rate locks down; Rithm considers spin-off; Planet Financial looking for lenders; new LO recruiting software; Blend’s market share grows; Black Knight’s margins; new appraisal marketplace; MISMO requests for comment.
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