Skip to main content

Planet Home Lending Expands In Minnesota

Keith Griffin
Jul 28, 2022
Planet Home Lending

New team in Minneapolis led by branch managers Robert Clausen and Quan Hargrove

Planet Home Lending, a national mortgage lender and servicer, has a new team in Minneapolis led by branch managers Robert “Bob” Clausen and Quan Hargrove and mortgage loan originator Seethong Yang. 

Bob Clausen Planet Home Lending

Planet Home plans to add 20 mortgage loan officers and a half dozen branches in the Twin Cities area, then expand to additional markets in the Midwest.

“Bob is a true professional with proven leadership skills and experience building mortgage companies,” said Planet Home EVP, National Sales Caleb Mittelstet. “He attracts top talent in the mortgage market and is a highly-respected manager in this industry.” 

Clausen, who has been a wholesale broker and in retail branching, said he was attracted to Planet Home’s leadership, company support, and variety of loan products. As interest rates rise and the industry adjusts to a purchase market, originators seek to align themselves with a company with the right corporate structure, access to capital, and financial stability, he said.  

“Planet’s multichannel assets include a $59 billion servicer and asset manager, creating an attractive level of stability in this environment,” Clausen said. “It’s a great fit for me because it has a culture dedicated to customer experience, backed by the technology and products today’s homebuyers and homeowners need.” 

Clausen said Planet Home’s culture was another attractive feature in making the switch to retail. “You’re more than just a number. You’re part of something larger. When you ask for support, it comes from a genuine desire to help you grow because that’s how Planet runs its business,” he said. 

Published
Jul 28, 2022
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022