M&A Deal Summary |
|
|---|---|
| Date | 2023-06-01 |
| Target | Platinum Home Mortgage |
| Sector | Business Services |
| Buyer(s) | Planet Home Lending |
| Deal Type | Add-on Acquisition |
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Planet Home Lending is an approved originator and servicer for FHA, VA, and USDA, as well as a Freddie Mac and Fannie Mae Seller/Servicer, a full Ginnie Mae Issuer and approved sub-servicer and a Standard & Poor's Global Ratings- and Fitch Ratings-rated special and prime residential servicer. The company's correspondent division offers a full suite of government, agency, and niche home loans. It is also a special servicer managing diverse investor portfolios. Its customized servicing solutions maximize asset recovery and optimize performance through active management at the portfolio and loan levels. Planet Home Lending is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-29 |
Home Point Financial - Delegated Correspondent Channel Assets
Ann Arbor, Michigan, United States Home Point Financial Corp.'s Delegated Correspondent Channel Assets provides correspondent lending services. |
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