Meriden, Connecticut-based Planet Financial Group has 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.
"Rob's proven ability to bring innovative products to market will be instrumental as Planet continues to broaden its non-agency capabilities," said Planet CEO and President Michael Dubeck. "His track record of driving results aligns with our vision for growth in this space."
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 Corp. and EquiFirst Corporation.
"I'm excited to join Planet at such a pivotal moment," Parsley said. "Planet's platform, culture, and vision present an incredible opportunity. I look forward to contributing to the company's continued success and to supporting our partners and clients."
Parsley’s addition is the latest to Planet’s Non-Agency Lending team, as the company also recently named Tim Fisher as Senior Vice President, Non-Agency Lending. Before joining Planet, Fisher held leadership roles at Deephaven Mortgage and SG Capital Partners. Earlier in his career, he was a Vice President at Goldman Sachs' RMBS Structured Products Group, and worked at Morgan Stanley during the formative years of the non-agency market.
Planet Financial Group recently reported strong growth across its servicing, origination and asset management channels in the second quarter of 2025.
“Planet’s results this quarter reflect the strength of our multichannel, all-weather strategy and our ability to deliver in today’s challenging market cycle,” added Dubeck. “We’re scaling our platform, deepening relationships across channels, and continuing to win market share through disciplined execution and unmatched service.”
Some of the company’s Q2 highlights included:
- The completion of a $125 million add-on to its prior $475 million debt security issuance.
- Total servicing volume growth to $134.0 billion, up 7% quarter-over-quarter over Q1 2025, and up 22% year-over-year from Q2 2024.
- Expanded Owned Mortgage Servicing Rights (OMSRs) to $118.47 billion, a 7% increase from Q1 2025 and a 29% increase year-over-year.
- The acquisition of $5.0 billion in mortgage servicing rights (MSRs).
- An increase in sub-servicing volume to $13.84 billion, a 3% quarter-over-quarter increase.
- An increase in total originations to $6.54 billion, up 25% from $5.24 billion in Q1 2025 and 64% from $3.99 billion in Q2 of 2024.
Planet’s origination channel originated $6.54 billion in residential loans during Q2 of 2025, a 25% increase over Q1 2025’s totals, and a 64% jump from Q2 of 2024. Total correspondent volume reported hit $5.8 billion, with July setting a company record for fundings. The growth was attributed to an increase in activity among existing clients and an expanding correspondent network.
Retail originations totaled $759.5 million, up 34% from Q1 2025 and 82% from Q2 2024.
