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Stock impact report

Growth and Industry Recognition Define Planet Financial Group's 2024 First Quarter [Yahoo! Finance]

Federal National Mortgage Association (FNMA) 
Company Research Source: Yahoo! Finance
April 25, 2024 /PRNewswire/ -- During the first quarter of 2024, Planet Financial Group, LLC , parent of national mortgage lender and servicer Planet Home Lending, LLC and Planet Management Group, LLC , was recognized for servicing excellence and workplace culture, continued to hit record-setting recapture levels, and brought to market proprietary lending products for purchase homebuyers. In the first three months of the year, Planet: Earned Fannie Mae's coveted Servicer Total Achievement and Rewards (STAR™) Program recognition Brought to market a suite of proprietary home loan programs targeting the unique challenges facing today's homebuyers Awarded Top Workplace USA for the fourth year in a row Became the #4 Ginnie Mae correspondent lender and #8 Ginnie Mae servicer Volume grew by 255% for the retail retention division, which continues to hold an 89% recapture rate Sub-servicing AUM increased 33%, $11B of non-agency assets "The first quarter of 2024 marked a period Show less Read more
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