Tag : mortgage loans

Planet Hires Derek Vandlen as Regional Sales Manager to Lead Multistate Growth
Finance Mortgage News

Planet Hires Derek Vandlen as Regional Sales Manager to Lead Multistate Growth

EIN Presswire
by EIN Presswire0
Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, welcomes Derek Vandlen (NLMS #6409) as Regional Sales Manager in Tennessee. Vandlen brings 28 years of mortgage experience and a strong track record of building high-performing teams and long-term relationships with borrowers, real estate professionals......
Mortgage Industry Veteran Ted Newton Joins Planet as Area Sales Manager
Finance Mortgage News

Mortgage Industry Veteran Ted Newton Joins Planet as Area Sales Manager

EIN Presswire
by EIN Presswire0
Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, has tapped industry veteran Ted Newton (NMLS #194023) as an Area Sales Manager in Oklahoma. He will help expand the company’s presence in the state and strengthen its support of loan originators and borrowers throughout......
Planet Expands Midwest Retail Presence with Addition of Greg Thomas as Area Sales Manager
Finance Mortgage News

Planet Expands Midwest Retail Presence with Addition of Greg Thomas as Area Sales Manager

EIN Presswire
by EIN Presswire0
Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, has appointed Greg Thomas (NLMS #138839) as Area Sales Manager in Ft. Wayne, Ind., reinforcing the company’s commitment to expanding its distributed retail platform across the Midwest. Thomas brings Planet Home more than 20 years......
Planet Strengthens Platform in Q2 2026
Finance Mortgage News

Planet Strengthens Platform in Q2 2026

EIN Presswire
by EIN Presswire0
Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, continued to build momentum during the second quarter of 2026, driven by growth across its origination and servicing platforms, expansion of the Co-Issue seller base, increased adoption of Non-Agency offerings and ongoing investments in technology,......
Planet Expands Presence in Texas with Tracy Hochrine
Finance Mortgage News

Planet Expands Presence in Texas with Tracy Hochrine

EIN Presswire
by EIN Presswire0
Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, and Planet Home, a leading national mortgage lender and servicer, have tapped award-winning loan originator Tracy Hochrine (NMLS #1247316) as Branch Manager of its new branch in San Antonio, Texas. Hochrine brings more than a......
Planet Delivers Strong First Quarter 2026 Performance
Finance Investment Services News

Planet Delivers Strong First Quarter 2026 Performance

EIN Presswire
by EIN Presswire0
Volume growth, Non-Agency expansion, leadership investment and brand launch highlight momentum Planet, a leading specialty finance company focused on the servicing and production of mortgage loans, delivered strong results in the first quarter of 2026, driven by broad-based origination growth, expansion into Non-Agency lending and the launch of a unified......
TransUnion Analysis Finds Rise in Consumer Payment-to-Income Ratios is a Clear Indicator for Potential Mortgage Delinquency Increases
Digital Payments Mortgage News

TransUnion Analysis Finds Rise in Consumer Payment-to-Income Ratios is a Clear Indicator for Potential Mortgage Delinquency Increases

GlobeNewswire
by GlobeNewswire0
 Serious consumer-level delinquency rates (60+ DPD) for mortgage loans—while still at historically low levels—have gradually risen from 0.89% in Q2 2023 to 1.14% in Q2 2024 and 1.27% in Q2 2025. As mortgage delinquency levels have risen, a new analysis by TransUnion (NYSE: TRU) highlights the direct correlation between payment-to-income (PTI) ratios......
KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
by Business Wire0
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
Ellington Financial and Great Ajax Announce Definitive Merger Agreement
Investment Services News

Ellington Financial and Great Ajax Announce Definitive Merger Agreement

Business Wire
by Business Wire0
Transaction Increases Scale and Enhances Access to Securitization Markets Ellington Financial Inc., a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp., a real estate investment trust that invests primarily in residential mortgage loans, announced that they have entered......
Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access
Mortgage News

Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access

Business Wire
by Business Wire0
Newrez LLC, a national mortgage lending and servicing organization, announced that it will offer Freddie Mac BorrowSmart Access, a mortgage program designed to assist first-time homebuyers by helping subsidize their closing costs and unlocking the dream of homeownership. “We’re thrilled to work with Freddie Mac to bring BorrowSmart Access to......
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