Platinum Home Lending

Planet Home Lending has acquired Illinois-based retail lender Platinum Home Mortgage, leaders at the company announced. Most of Platinum’s origination staff, spread throughout 20 branch offices around the U.S., will join Planet, as will Platinum’s CEO and President Lee M. Gross. He is set to become Senior Vice President and lead the Platinum team. “The move to Planet brings immediate access to improved pricing, technology, and marketing to Platinum’s branches,” Gross said. “In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans.” Planet is known for providing a customer-focused, high-touch experience. It has expanded…