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DS News October 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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48 Industry Updates From mergers and acquisitions to cutting-edge tech tools and solutions, here's the company news the industry is talking about this month. PLANET HOME LENDING VOLUNTEERS AID NORTH TEXAS FOOD BANK Planet Home Lending has collaborated with e Farmlink Project to help the North Texas Food Bank in Plano, Texas. rough the collaboration, Planet Home Lending employees will spend the day sorting, bagging, and boxing food for hungry North Texans. e Farmlink Project, a nonprofit combating food insecurity and waste, connects farmers to food banks and communities in need. It funds the harvest and transport of surplus produce that would otherwise go to waste, with boots-on-the- ground assistance from volunteers. Planet supports Farmlink's initiatives as part of its Planet With a Purpose (PWaP) social responsibility platform. e company's $100,000 donation to Farmlink earlier this year also funds carbon offset projects to help reduce global food system carbon emissions. "We're a company that cares about the communities we serve," said Michael Dubeck, CEO and President of Planet Financial Group, parent of Planet Home Lending. "Planet is committed to improving not only the lives of our borrowers but also the planet as a whole." With Planet's help, e Farmlink Project has moved more than 75 million pounds of surplus food from farms to Food Banks, enough to prepare more than 60 million meals. "e influence of food waste and lack of access to nutritious food is ever-present in the United States. One in five Americans are currently experiencing food insecurity," said Kate Nelson, Head of Creative at e Farmlink Project. "Corporate partners, like Planet, help us realize our vision to bridge the gap between farmers and food banks through investing in and creating sustainable food systems." Annually, the United States wastes 31% of food produced, which could help feed families, but instead goes to landfills. Producing, transporting, preparing, storing, and disposing of unused food wastes land, water, labor, and energy. By diverting produce from landfills, e Farmlink Project has prevented more than 40 million pounds of carbon emissions to date. "It isn't often that we see a common- sense solution that solves multiple social challenges," Dubeck added. "e Farmlink Project makes a difference for people and the planet, and at Planet Home Lending, that's exactly what we strive to do."

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