PHH Corporation was created in 2005 when Avis Budget Group (then named Cendant) spun off its mortgage business to streamline operations.
Today the company operates through three business segments: Mortgage Production, Mortgage Servicing, and Fleet Management Services.
PHH offers private-label mortgage services to financial institutions, originates, purchases, and sells mortgage loans, services mortgage loans, purchases servicing rights to mortgages, collects loan payments, remits principal and interest payments to investors, reinsurance services, fleet management services including accident management services, fleet policy analysis and recommendations, and driver training services.
PHH Corporation trades publicly on the New York Stock Exchange under the ticker symbol PHH, is #723 in the Fortune 1000, is a member of the Russell 2000, has 6,000 employees, and had $2.49 billion in revenue in 2014.
PHH CorporationPHH Corporation was created in 2005 when Avis Budget Group (then named Cendant) spun off its mortgage business to streamline operations.
Today the company operates through three business segments: Mortgage Production, Mortgage Servicing, and Fleet Management Services.
PHH offers private-label mortgage services to financial institutions, originates, purchases, and sells mortgage loans, services mortgage loans, purchases servicing rights to mortgages, collects loan payments, remits principal and interest payments to investors, reinsurance services, fleet management services including accident management services, fleet policy analysis and recommendations, and driver training services.
History
PHH Corporation trades publicly on the New York Stock Exchange under the ticker symbol PHH, is #723 in the Fortune 1000, is a member of the Russell 2000, has 6,000 employees, and had $2.49 billion in revenue in 2014.
