BNET Industries
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
PHH Corporation Announces Termination of Previously Announced Merger Agreement
MT. LAUREL, N.J. -- PHH Corporation (the "Company") (NYSE:PHH) today announced that it has given a notice of termination to General Electric Capital Corporation ("GECC"), a unit of General Electric Company, pursuant to the merger agreement (the "Merger Agreement") dated March 15, 2007 between the Company and GECC. As previously...
PHH Corporation Provides Update on Status of Merger
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) ("we," "our," "PHH" or the "Company") today announced that it sent a letter to stockholders of record as of the close of business on August 16, 2007, regarding the status of the Agreement and Plan of Merger, dated as of March 15, 2007,...
PHH Corporation Sets Special Meeting Date for Approval of Merger Agreement with General Electric Capital Corporation
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) ("PHH" or the "Company") today announced that it will hold a special meeting of stockholders on Wednesday, September 26, 2007, at 10:00 a.m., eastern daylight time, at the Company's offices located at 3000 Leadenhall Road, Mt. Laurel, New Jersey 08054 for the purpose...
HFS and PHH file preliminary proxy statement with SEC
PARSIPPANY, N.J.--BUSINESS WIRE--Dec. 19, 1996-- Proposed merger of HFS and PHH progressing as planned HFS Inc. (NYSE: HFS) and PHH Corp. (NYSE: PHH) announced today, in conjunction with the ongoing process of their merger, that they have filed a preliminary...
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...
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...
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,...
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...
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...
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 -...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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,...
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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.
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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
856 917-1744
NAICS Code
All Other Nondepository Credit Intermediation: 522298Brought to you by IBM
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