Highly sought-after mortgage professional joins growing mortgage lender

Fobby Naghmi (NMLS # 202352), a mortgage professional who has worked in the industry for more than two decades, recently accepted the position of senior vice president of the Eastern division at Planet Home Lending, a national lender and servicer. He is responsible for strategically building and managing the branch network in addition to recruiting, onboarding and transition activities in the division. His efforts will help Planet Home Lending continue to grow in new markets.

“I’m very excited to have Fobby, a seasoned industry veteran who understands all aspects of the business, join the Planet Home Lending senior leadership team,” said Mike Lee, executive vice president of national production at Planet Home Lending. “Fobby has a great track record of leading origination teams who focus on underserved consumers and produce self-generated, purchase money business in key markets.”

Before joining Planet Home Lending, Naghmi was vice president of retail lending at Pacific Union Financial. He and his group built a highly productive and committed team of originators and sales support staff throughout the mid-Atlantic region, the south and the East Coast. Prior to that, Naghmi had positions at Carrington Mortgage Services, Access National Mortgage and WestStar Mortgage. He also started and operated his own mortgage company, Horizon Mortgage Corporation, in the DC Metro area.

“Planet Home Lending is a good fit for my team and me because its management values employees and customers while maintaining a level of excellence,” Naghmi said. “The transparency and support for the business and customers are collective priorities that show in how the company is structured and how it treats its retail branches, which is refreshing.”

Planet Home Lending’s retail growth plan is based, in part, on building partnerships with local branches that have unique business strategies.

“The expansion is the next step in Planet Home Lending’s plan to grow its regional footprint by adding branches and mortgage loan origination employees throughout the South and mid-Atlantic,” said Michael Dubeck, CEO of Planet Home Lending. “Attracting someone like Fobby to Planet, especially during a challenging market cycle, was critical and we are glad to have him aboard.”