Skip to main content

Planet Home Lending Names New Regional Heads

Keith Griffin
Nov 10, 2022
Planet Home Lending logo

Kathryn Edelen will helm eastern division, while Lynette Hale-Lee will run the western.

Planet Home Lending, a national mortgage originator and servicer, has promoted Kathryn Edelen to eastern divisional manager and Lynette Hale-Lee to western divisional manager. 

Kathryn Edelen
Kathryn Edelen

"Kathryn and Lynette have played critical roles in expanding our branch network and providing strategic leadership for our retail channel," said Planet Home Lending President, Mortgage Lending John Bosley. "They possess the knowledge and experience to lead and continue to grow Planet's retail foundation."

Along with Senior Vice President, Branch Development and Strategy Henry Brandt, Edelen and Hale-Lee will focus on production planning for 2023, branch recruitment and strategic application of the pricing advantages gained from the company's multichannel business model.

"As one of a very small number of mortgage companies that posted volume gains in the third quarter, we provide an open landscape of opportunity for the right originators, and leaders in the right places," said Edelen. "Planet is the right place at the right time for anyone looking to succeed in a challenging market. We offer a multitude of products and technologies that support growth and expand opportunities for consumers and originators."

Lynette Hale-Lee
Lynette Hale-Lee

Hale-Lee said rising interest rates and housing inventory challenges have many MLOs considering a move to gain home loan products designed to increase purchase originations.

"Product breadth, from Jumbo to down payment assistance, home equity loans, construction loans and Non-QMs, is critical to success in today's market," she said. "Products that address affordability, like buydowns, manufactured housing loans, and renovation mortgages, can help diversify and expand homeownership to a new generation."

 

Published
Nov 10, 2022
More from
Career
Don’t Limit Your Ability To Be Successful

Determine if your work leaves you stressed and unhappy

Career
Nov 30, 2022
Feeling The Pressures Of Overcommitment

Three Tips to Stay Energized

Career
Nov 21, 2022
Your Network Is Your Net Worth

Use social capital to climb the ladder of success.

Career
Nov 21, 2022
Cenlar Names New VP, Human Resources Business Partner

Nayda McKain has been with mortgage loan servicer since 2019.

Career
Nov 21, 2022
A Movement For Higher Pay, Better Jobs

Rocket Accelerator wants to see mortgage industry women achieve parity.

Career
Nov 21, 2022
Christy Moss Focuses On Fixing The Industry

She’s optimistic trend of women advancing will continue in years to come.

Career
Nov 21, 2022