Tim Fisher Joins Planet Financial Group as New Senior VP for Non-Agency Lending

Introduction

In a significant move for the financial services sector, Planet Financial Group has officially welcomed Tim Fisher as its new Senior Vice President of Non-Agency Lending. This strategic appointment is set to enhance the company’s capabilities in an ever-changing mortgage landscape. Fisher's extensive experience in the industry, which includes key roles in origination and capital markets, is anticipated to contribute positively to Planet's growth.

Background on Tim Fisher

Tim Fisher comes with a rich background in the mortgage industry, spanning nearly twenty years. He is well-known not only for his keen business acumen but also for his ability to forge lasting relationships with clients across the nation. Fisher's prior experiences include holding leadership roles at notable companies such as Deephaven Mortgage and SG Capital Partners. His tenure as Vice President at Goldman Sachs' RMBS Structured Products Group, as well as his involvement with Morgan Stanley during the early stages of the non-agency market, signifies his depth of knowledge in various aspects of financial services. This variety of experience positions him as an ideal fit for his new role at Planet.

What This Means for Planet Financial Group

Michael Dubeck, the CEO and President of Planet Financial Group, expressed his enthusiasm regarding Fisher's joining saying, "Tim has a long history of building entrepreneurial financial services businesses and cultivating deep industry relationships." Dubeck's further emphasis on Fisher’s leadership and knowledge illustrates the high expectations placed on him within the company. As part of Planet Financial Group, a company that prides itself on a multichannel business model, Fisher's role will be pivotal as the firm continues to grow and diversify its objectives.

Fisher’s Vision and Approach

Fisher himself acknowledges the significance of his new position, highlighting Planet’s established reputation in the market. Reflecting on his career, he likens his approach to sports – particularly hockey – where one must anticipate movements, collaborate with teammates, and take decisive action when opportunities arise. His vision aligns with Planet’s proactive and collaborative ethos, suggesting a seamless integration into the company culture. As Fisher steps into this role, his foresight and strategic mindset are expected to drive Planet towards greater success.

Planet Financial Group Overview

Headquartered in Meriden, Connecticut, Planet Financial Group, LLC is recognized for its innovative approach to financial services. The organization comprises various subsidiaries including Planet Home Lending, LLC, and Planet Management Group, LLC, which operates under the name Planet Renovation Capital. This well-integrated group of companies aims to provide unparalleled origination, servicing, and asset management solutions, enhancing operational efficiency for both investors and borrowers alike. The company thrives on a synergistic eco-system designed to optimize value for all stakeholders involved.

Conclusion

Tim Fisher's appointment as Senior Vice President for Non-Agency Lending marks an exciting chapter for Planet Financial Group. With his proven track record in building robust businesses and maintaining strong national relationships, Fisher is well-suited to lead the company in its expansion efforts. As the demand for innovative financial solutions continues to rise, Fisher's expertise will undoubtedly play a crucial role in steering Planet towards new opportunities in the marketplace. The future looks promising as Planet Financial Group embarks on this new journey with Tim Fisher at the helm of their non-agency lending strategy.