Michael J. Kula recently joined Planet Financial Group, a privately held mortgage lender and servicer, as chief operating officer.
Kula has three decades of mortgage industry experience. Most recently, he was a division president at ServiceLink, where he led the company’s title and origination businesses. His focus included optimizing the integration of acquisitions, enhancing business margins, improving customer service and increasing operational productivity.
Before ServiceLink, Kula was global managing director of mortgage business development at IBM. While there, he improved IBM’s global mortgage strategy by analyzing key market and client opportunities, further leveraging assets and analytics, providing consultative services and expanding key industry relationships.
During his three decades in the mortgage industry, Kula has worked with some of the leading firms in the business, including Bank of America, Wachovia (Wells Fargo), Washington Mutual, Mellon Mortgage(now JPMorgan Chase), and Lloyds Banking Group.
In his new role with Planet Home Lending, he will be responsible for coordinating execution of the the company’s strategy plans and initiatives across its diverse business lines.
