General World News

As others struggle, Planet Home Lending is growing origination volume by double digits

In an industry facing headwinds, Connecticut-headquartered mortgage servicer and lender Planet Home Lending stands out among its peers, reporting double-digit increases in mortgage origination volume while competitors struggle to hit last year’s levels.

Planet Home Lending, founded in 2007, was the only firm among the country’s top-10 lenders that generated more year-over-year origination volume in the first half of this year, according to data from Inside Mortgage Finance

The company originated $13.93 billion in the first half of this year, up 11.7% year over year. By contrast, America’s top 50 mortgage lenders, on average details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com