Planet Home Lending Taps Patrick Couture as SVP of Servicing Platform Development

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Patrick Couture recently joined Planet Home Lending, a national lender, servicer and private client subservicer, as senior vice president of servicing platform development.

During his nearly three decades in the industry, Couture built servicing platforms, ran highly rated servicing operations, and accumulated a track record of successfully applying cutting-edge technology to monetize and manage sophisticated, complex portfolios and to transform nonperforming assets into reperforming assets.

He previously worked at several high-profile mortgage industry firms, including Goldman Sachs, where he was vice president of the realty management division and Goldman Sachs Bank where he was vice president of the consumer and investment management division.

He also worked for Lone Star Funds/Hudson Advisors and was responsible for the Caliber Home Loans investment. While vice president at Fairbanks Capital, he was credited with helping to turn around the servicing operation in the wake of the subprime crisis.

He was also senior vice president at Nationstar Mortgage and vice president at GMAC’s Homecomings Financial.

In a release, Sandra Jarish, president of Planet Home Lending, says Couture “has managed every area of servicing and has worked on both the investor and servicer side of the business.”

“His unique perspective into asset management will be invaluable as we enhance the servicing platform to support additional commercial and residential loan products to better serve our clients,” Jarish adds.

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