In her new role, McDermott will focus on strategic projects and ensure a smooth knowledge transfer to maintain the company’s trajectory.
“Teresa’s leadership has been crucial in building Planet from a $5 billion Ginnie Mae servicer in 2007 to its industry-leading position today with a $106 billion portfolio in servicing and sub-servicing and the #4 spot in correspondent lending,” Dubeck said in the company’s media release.
Walker joined Planet from Mortgage Assets Management and Supreme Lending, where he served as chief financial officer, spearheading fiscal planning and strategic initiatives. His prior experience includes senior financial roles at Finance of America, Mr. Cooper (formerly Nationstar), and public accounting firm KPMG.
Read more: Planet Home Lending strengthens Southeast presence
“Planet’s commitment to connecting multi-channel origination with servicing and asset management creates a unique environment that drives efficiency and scaled growth,” Walker said. “My goal is to strengthen this ecosystem, working to ensure our finance department collaborates closely with all divisions to optimize our service delivery and sustain our competitive edge.
