AMDC Member Planet Home Lending Portfolio Tops $25 Billion

Planet Home Lending’s (PHL) servicing portfolio has risen above $25 billion fueled by originations growth and the company’s successful efforts to retain existing customers who refinance or purchase new homes, the company says. PHL’s representative said the servicing portfolio expansion has been driven by origination increases posted by the company’s correspondent, retention and distributed retail channels. “As a national, full-scale servicer and sub-servicer, our ability to retain customers is paramount to our business,” said Michael Dubeck, CEO and President.