Planet Home Lending Selects Kathryn Edelen as Regional Vice President of Sales

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New Hire Supports Company’s Eastern US Expansion

MERIDEN, Conn., June 9, 2022 /PRNewswire/ — Planet Home Lending, LLC (Planet), a national mortgage lender and manager, has hired Catherine Edelen (NMLS #532671) as Regional Vice President, Sales. A proven team builder, Edelen brings over three decades of experience to help Planet grow its national footprint.

“Kathryn has a long track record of successfully growing and managing large productive teams,” said Caleb Mittelstet, Executive Vice President of National Production for Planet’s Distributed Retail Sales. “His comprehensive skills and team leadership will be instrumental as Planet continues to expand its retail channel.”

Edelen, who will manage the Eastern United States for Planet, will focus on capturing market share through the addition of branches and mortgage originators.

“As the market tightens, it’s important to educate and equip teams with knowledge and products that improve efficiency and support market growth,” Edelen said. “Planet has the right platform, the right products and the right people to succeed in this market.”

Prior to joining Planet, Edelen was Regional Sales Manager at Nations Lending. Edelen also served as Vice President of loanDepot, LLC and Regional Director of Homebridge Financial Services, Inc.

Edelen’s diverse industry experience provides valuable insight into branch management, sales team leadership and local market strategy. She started in operations, where she gained a comprehensive view of how business, underwriting and sales processes work together. Edelen went on to become a $100 million+ a year mortgage producer and then a branch manager.

Building on its experience and lessons learned, Edelen plans to attract initiators interested in expanding with the support of a multi-channel company that retains its services and can react quickly to market changes.

“One of the things that excites me is helping people start their own businesses,” Edelen said. “Having the necessary people, processes, technology, culture – the overall platform – in place to succeed is essential to scale, and Planet’s platform is well equipped to serve originators, branches and customers. .”

About Planet Home Lending, LLC

Planet Home Lending, LLC, Meriden, Connecticut, (NMLS #17022) is an FHA, VA, and USDA Authorized Shipper and Repairer, as well as a Freddie Mac and Fannie Mae Seller/Repairer, a Full Ginnie Mae Issuer, and a Sub-Authorized Repairer and Standard & Poor’s Global Ratings- and a special, prime residential repairer rated by Fitch Ratings. Planet Home Lending, LLC has been assigned a corporate family rating by Moody’s Investors Service, available at https://www.moodys.com. Its corresponding division offers a full range of government, agency and niche real estate loans. Planet Home Lending, LLC is also a special service that manages various investor portfolios. Its customized service solutions maximize asset recovery and optimize performance through active management at the portfolio and loan level. Planet Home Lending, LLC is an equal home lender. For more information about Planet Home Lending, LLC, please visit https://planethomelending.com.

Hurry Contacts:

Dona DeZube

Charlyne H. McWilliams

Vice President, Communications

Media Contact

Planet Home Lending, LLC

for Planet Home Lending, LLC

[email protected]

[email protected]

(443) 263-2832

(301) 933-5567

Home loan SOURCE Planet

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