Planet Expands Footprint In The Lone Star State – NMP Skip to main content

Planet Expands Footprint In The Lone Star State

Oct 22, 2025
Planet Home Lending has expanded its retail presence in the Dallas Metroplex with the addition of Retail Sales Leaders, Branch Managers Randal McClanahan and David Wells

The duo of Randal McClanahan and David Wells join the national mortgage lender and servicer as retail sales leaders and branch managers

Planet Home Lending has expanded its retail presence in the Dallas Metroplex with the addition of Retail Sales Leaders, Branch Managers Randal McClanahan and David Wells. Together, the duo of McClanahan and Wells brings decades of expertise in assisting homebuyers and homeowners succeed in today’s market.

“David and Randal have a long history of successfully building branches and fostering top-performing teams,” said Planet SVP National Production Distributed Retail Matt Payan. “Their leadership, combined with Planet’s product depth and innovation, creates tremendous opportunities for loan officers to grow, while giving real estate agents and builders more ways to help their clients close transactions.”

Known for their approach and market expertise, Wells and McClanahan have been recognized nearly a dozen times on D Magazine’s “Best Mortgage Professionals” and “Top Mortgage Producers” lists, underscoring their reputation as trusted advisors in the Dallas community.

“Planet’s wide range of products, ability to retain the majority of our servicing, and our strong local connections mean borrowers don’t have to settle for one-size-fits-all financing,” said Wells. “We help first-time buyers step into homeownership, families improve their homes through renovation, business owners with complex tax returns find financing, and homeowners lower their payments to free up cash flow. Our goal is to open more doors to opportunity and make homeownership achievable for more people.”

Planet Financial Group also recently appointed Rob Parsley as its new senior vice president of non-agency sales. Coming into the role with 30-plus years of industry experience, Parsley has guided organizations through changing markets by developing growth strategies, building strong teams, and deepening client relationships.

Most recently, Parsley served in senior leadership roles at Lima One Capital, where he played a key role in expanding the company's presence in the residential investment property finance sector. His career also includes leadership roles at a number of companies including Carrington Mortgage Services, Citadel Servicing Corporation, and EquiFirst Corporation.
 

About the author
Published
Oct 22, 2025
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026