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PHH Corp. (PHH) is in the Financial Services Industry

Revenue
Dec 31 2007
$2.2B
Profit
Dec 31 2007
($12.0M)
Market Cap
Dec 03 2008
$398.7M

Latest News and Analysis

Additional Resources

  • Fitch Takes Various Rating Actions on PHH's Resi Primary Servicer Ratings

    NEW YORK -- Fitch Ratings takes the following rating actions on the U.S. residential primary servicer ratings for PHH Mortgage Corporation. PHH Mortgage as follows: --U.S Residential Primary servicer rating for Prime Product affirmed at 'RPS1-'; --U.S Residential Primary servicer rating for Alt-A Product affirmed at...

    Articles 2008-11-24

  • First Trade Union Bank Selects PHH Mortgage as Strategic Outsource Partner

    BOSTON -- First Trade Union Bank today announced that it has selected PHH Mortgage, a subsidiary of PHH Corporation (NYSE:PHH), as a strategic outsourcing partner for its mortgage loan origination and servicing business. PHH Mortgage is the industry's leading provider of private label outsourcing for bank owned mortgage...

    Articles 2008-11-20

  • PHH Corporation Announces Third Quarter 2008 Results

    PHH to host conference call at 11:00 a.m. EST on November 10, 2008 MT. LAUREL, N.J. -- PHH Corporation (NYSE: PHH) today announced results for the three and nine months ended September 30, 2008. Three Months Ended September 30, 2008 vs. Three Months Ended September 30,...

    Articles 2008-11-10

  • Realogy Reports Results for Third Quarter 2008

    PARSIPPANY, N.J. -- Realogy Corporation, a global provider of real estate and relocation services, today reported results for the third quarter of 2008. Specifically, the Company had third quarter 2008 net revenue of $1.3 billion, earnings before interest, income taxes, depreciation and amortization EBITDA of $129 million, and a net...

    Articles 2008-11-05

  • PHH Corporation Sets Date for Third Quarter 2008 Earnings Conference Call

    MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) today announced that it will hold its third quarter 2008 earnings conference call on Monday, November 10, 2008 at 11:00 a.m. EST. Terence W. Edwards, president and chief executive officer of PHH Corporation and PHH Mortgage, George J. Kilroy, president and...

    Articles 2008-11-04

  • Outsourcing gains a foothold in banking on Long Island

    When problems surfaced with residential mortgages, many banks ran to their balance sheets to assess the damage. New York Community Bancorp executives didn't blink. The bank outsources its residential mortgages. Westbury-based NYCB - whose residential mortgage operation includes one full-time employee and a halftime staffer -...

    Articles 2008-10-17

  • PHH Corporation Announces Appointment of Sandra Bell as Executive Vice President and Chief Financial Officer

    MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) today announced that its Board of Directors has appointed Sandra Bell as Executive Vice President and Chief Financial Officer, effective October 13, 2008. Ms. Bell assumes this role from Mr. Clair Raubenstine. The Company previously announced on May 8, 2008 its intention to...

    Articles 2008-10-13

  • PHH Arval Launches New Regulatory and Compliance Service for Truck Fleets

    SPARKS, Md., Oct. 6 /PRNewswire/ -- PHH Arval, a subsidiary of PHH Corporation has introduced a new program to help fleets with trucks stay in compliance with U.S. federal safety regulations. PHH's Department of Transportation DOT Regulatory and Compliance service targets fleets with vehicles that are over...

    Articles 2008-10-06

  • Train Drivers For Fuel Economy

    Want to reduce fuel use? Look to your drivers. Experts say that driver behavior is the single greatest factor affecting fuel economy. Fleets seeking ways to save on fuel should look first to their drivers. Whether drivers engage in excessive idling, toofast acceleration, speeding, using a...

    Articles 2008-10-01

  • KBW Announces Quarterly Rebalancing Across Family of U.S. Indices

    NEW YORK -- Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly-owned subsidiary of KBW, Inc. (NYSE: KBW), today announced quarterly rebalancing across its family of U.S. Indices. Effective prior to the opening of business on Monday,...

    Articles 2008-09-17

  • Shares of Mt. Laurel's PHH off 12% amid ripple effect

    Shares in PHH Corp., Mount Laurel, closed down 12 percent yesterday on fears that it could lose the business of Merrill Lynch & Co. Inc., the biggest customer of its mortgage operation. Merrill Lynch accounted for about 20 percent of PHH Mortgage's $39.5 billion in volume last year. Bank of...

    Articles 2008-09-16

  • PHH Adds Online Safe Driver Program

    PHH Arval, a Maryland-based subsidiary of PHH Corp., introduced an online safety awards program for customers. Companies that want to reward their drivers for maintaining safe driving records use the online option to manage their program. The drivers who are eligible to receive awards for safe driving can...

    Articles 2008-09-01

  • Fitch Rates $151MM PHH Mortgage Trust, Series 2008-CIM2

    NEW YORK -- Fitch rates PHH Mortgage Trust, series 2008-CIM2 residential mortgage pass-through certificates, as follows: --$142,766,357 classes 1-A-1, 1-A-2, 2-A-1, 2-A-2, 3-A-1, 3-A-2, 4-A-1, 4-A-2, 5-A-1, 5-A-2, A-X, 4-A-X, 5-A-X and A-PO 'AAA' ('senior certificates'); --$4,157,000 privately offered class B-1 'AA'; --$1,436,000 privately...

    Articles 2008-08-28

  • Fitch Takes Actions on PHH Mortgage Services Corporation Prime Pre-2005 Transaction

    NEW YORK -- Fitch Ratings has taken numerous rating actions on the PHH Mortgage Services Corporation Prime RMBS transactions listed below: --PHH 1994-1 The rating actions were taken as part of Fitch's ongoing surveillance process of existing transactions. A spreadsheet detailing Fitch's rating actions...

    Articles 2008-08-18

  • PHH's outlook dismal in short term

    The chief executive of mortgage lender PHH Corp. in Mount Laurel yesterday gave a dismal outlook for the remainder of the year. "We feel great long term, but we don't feel good about what the next six months might bring," Terence W. Edwards, president and CEO of PHH, said during...

    Articles 2008-08-09

  • PHH Corporation Announces Second Quarter 2008 Results

    PHH to Host Conference Call at 10:00 A.M. EDT on August 8, 2008 MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) today announced results for the three and six months ended June 30, 2008. Net revenues for the three months ended June 30, 2008 were $663 million,...

    Articles 2008-08-07

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  • Incorporated: 2005
  • CEO: Mr. Terence W. Edwards

PHH is an outsource provider of mortgage and fleet management services. Co.'s Mortgage Production segment originates, purchases and sells mortgage loans through its PHH Mortgage Corp. subsidiary and its subsidiaries (collectively, PHH Mortgage), which includes PHH Home Loans, a mortgage venture that Co. maintains with Realogy Corp. Co.'s Mortgage Servicing segment services mortgage loans that either PHH Mortgage or PHH Home Loans originated. Co.'s Fleet Management Services segment provides commercial fleet management services to corporate clients and government agencies through its PHH Vehicle Management Services Group LLC subsidiary.

Key Competitors

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PHH Corp. Company Info

Board of Directors

Mr. A. B. Krongard

Non-Executive Chairman

Mr. Jonathan D. Mariner

Mr. James W. Brinkley

Mr. George J. Kilroy

Miss Ann D. Logan

Mr. Francis J. Van Kirk

Mr. Terence W. Edwards

Contact Information

3000 Leadenhall Road

Mt. Laurel, NJ

http://www.phh.com

856 917-1744

NAICS Code

All Other Nondepository Credit Intermediation: 522298
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