Planet Home Lending confirmed on Tuesday the acquisition of certain retail assets from Axia Home Loans, describing the transaction as an opportunity to expand its operations in the Western, Northwestern, and Midwestern markets. HousingWire broke the news in early August. 

Axia is also winding down its wholesale division as a result of the retail asset sale to Planet, HousingWire has confirmed.

Led by Michael Dubeck, Planet has invested to grow organically and via mergers and acquisitions. The company had 177 loan officers and 40 active branches as of Tuesday, according details ⇒

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