Read next: Planet Home Lending announces executive promotion

Watson said he joined Planet for three reasons: “First, Planet has a good reputation as a company and servicer. Second, the culture is team-driven, and people reach across channels to share ideas and resources. And finally, the portfolio is on an upward trajectory, hitting $45 billion at the end of the second quarter. That’s a 117% year-over-year increase, including $11.7 billion in subservicing,” Watson said.

Most recently, Watson served as vice president of call center operations at Rushmore Loan Management Services. Before that, he also held leadership roles at Ditech Financial (now New Residential Investments), SoFi, and IBM.