Planet Home Lending Names New SVP Of Distributed Retail

The national mortgage lender, servicer, and asset manager Planet Home Lending has tapped industry veteran, Matt Payan, to be its new senior vice president (SVP) of distributed retail sales.

"Matt Payan is a strategic leader with an impressive track record of building and sustaining retail excellence," said Michael Dubeck, CEO and President of Planet Financial Group, parent of Planet Home Lending, in a press release announcing the hire.

Payan brings more than two decades of experience in retail mortgage experience. Prior to joining Planet, Payan served as Divisional Vice President at CMG Financial and Senior Vice President of Retail at HomeBridge Financial Services, Inc.

“Planet’s vision, leadership, and commitment to its MLOs are unparalleled,” Payan said. “Loan officers work incredibly hard, and they need to know their customers will stay in the servicing portfolio. Planet’s unmatched servicing capabilities, including refinances for existing customers, ensure they do. That trust, combined with the resources and tools Planet provides, makes this an ideal environment for retail teams to thrive.”

During his tenure at both HomeBridge and CMG, Payan led teams through acquisitions, gaining experience in supporting branches and originators during times of transition. Planet will lean on that experience as it looks to continue expanding its retail footprint.

“Planet’s leadership is present, accessible, and deeply invested in branch and MLO success,” Payan said. “With a focus on providing cutting-edge products, unparalleled servicing retention, and strategic marketing support, Planet is a place where MLOs can build their careers, knowing they have the full backing of a company dedicated to their success.”