David E. Tucker Named President of PHH Mortgage

Monday May 21st 2012 09:15:25 AM

MT. LAUREL, N.J.--(BUSINESS WIRE)--May. 21, 2012-- PHH Corporation (NYSE: PHH) (the “Company”) today announced that David E. Tucker has been appointed President of PHH Mortgage Corporation ("PHH Mortgage"), the Company’s mortgage origination and servicing subsidiary. Tucker succeeds Smriti Laxman Popenoe, who has served as Interim President of PHH Mortgage since March 2012. After a transition period, Popenoe will resume her responsibilities as Executive Vice President and Chief Risk Officer of PHH Corporation. “I'm excited to announce that Dave is joining the PHH team. Dave is a disciplined leader who brings proven ex...

PHH Mortgage to Provide Private Label Mortgage Services to HSBC Bank USA; Relationship to Include Subservicing of $52 Billion of Mortgage Loans

Monday May 7th 2012 09:20:00 AM

MT. LAUREL, N.J., May 07, 2012 (BUSINESS WIRE) --PHH Mortgage Corporation ("PHH Mortgage"), a subsidiary of PHH Corporation (NYSE: PHH) (the "Company"), today announced it has entered into a strategic relationship to provide private label end-to-end mortgage origination services and loan servicing to HSBC Bank USA, N.A. ("HSBC"). Under the terms of the agreements, PHH Mortgage will provide HSBC with mortgage origination processing services, as well as subservicing of HSBC's $15.5 billion prime mortgage loan portfolio and $36.6 billion of loans serviced for third-party investors (both as of March 31, 2012). It is expected that approximately 400 employees from HSBC's mortgage facility in Dep...

PHH Corporation Announces First Quarter 2012 Results

Tuesday May 1st 2012 04:15:00 PM

PHH Corporation Announces First Quarter 2012 Earnings Release and Conference Call Schedule

Tuesday April 24th 2012 08:21:46 AM

MT. LAUREL, N.J., Apr 24, 2012 (BUSINESS WIRE) --PHH Corporation (NYSE:PHH) ("PHH" or the "Company") today announced plans to release its first quarter 2012 results on Tuesday, May 1, 2012, after the market closes. The Company will host a conference call at 10:00 a.m. (Eastern Time) on Wednesday, May 2, 2012, to discuss its first quarter 2012 results. All interested parties are welcome to participate. You can access the conference call by dialing (800) 768-6570 or (785) 830-1942 and using the conference ID 4407247 approximately 10 minutes prior to the call. The conference call will also be webcast, which can be accessed at www.phh.co...

Robert Crowl Appointed Executive Vice President of PHH Corporation

Friday April 20th 2012 08:21:00 AM

Will Assume the Role of Chief Financial Officer   MT. LAUREL, N.J.--(BUSINESS WIRE)--Apr. 20, 2012-- PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) announced today that Robert Crowl has been appointed Executive Vice President effective April 26, 2012. Crowl will assume the role of Chief Financial Officer after the Company has completed its first quarter 2012 financial reporting and has filed its Quarterly Report on Form 10-Q. He will succeed David Coles, who has been serving as interim Chief Financial Officer. Crowl brings more than 25 years of management and senior-level mortgage and banking experience and will be responsible for leading PHH’s financial and reporting func...

PHH Corporation Announces Executive Appointments

Tuesday March 13th 2012 08:55:28 AM

Smriti Laxman Popenoe Named Interim President of PHH Mortgage Richard Bradfield Named Senior Vice President and Treasurer MT. LAUREL, N.J.--(BUSINESS WIRE)--Mar. 13, 2012-- PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) announced today that Smriti Laxman Popenoe, Executive Vice President and Chief Risk Officer, has been named Interim President, PHH Mortgage. Ms. Popenoe succeeds Luke Hayden, who has resigned to pursue other interests. The Company has commenced a search for a permanent replacement. The Company also announced today that Richard J. Bradfield, Senior Vice President, Capital Markets of PHH Mo...

PHH Corporation Sets Date for 2012 Annual Meeting of Stockholders

Monday March 5th 2012 10:00:17 AM

MT. LAUREL, N.J.--(BUSINESS WIRE)--Mar. 5, 2012-- PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced that it will hold its 2012 Annual Meeting of Stockholders (the "2012 Annual Meeting") on June 6, 2012, at 10:00 a.m., local time, at the Company's offices located at 3000 Leadenhall Road, Mt. Laurel, New Jersey 08054. Shareholders of record as of the close of business on Monday, March 26, 2012, will be entitled to notice of and to vote at the 2012 Annual Meeting. About PHH Corporation Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading provider of busi...

PHH Corporation Announces Fourth Quarter and Full-Year 2011 Results

Monday February 6th 2012 05:42:00 PM

4Q 2011 Net Earnings of $13 million, $0.22 per share Full-Year 2011 Net Loss of $127 million, $2.26 per share 4Q 2011 Core Earnings (after-tax)* of $55 million, $0.98 per share Full-Year 2011 Core Earnings (after-tax) of $182 million, $3.23 per share 4Q Interest Rate Lock Commitments (IRLCs) expected to close of $9.7 billion; $33.7 billion for full year Full-year total mortgage loan closings of $51.9 billion Unpaid principal balance (UPB) of capitalized mortgage servicing portfolio of $147 billion at December 31, 2011 ...

PHH Corporation Announces Fourth Quarter 2011 Earnings Release and Conference Call Schedule

Tuesday January 31st 2012 05:05:33 PM

MT. LAUREL, N.J.--(BUSINESS WIRE)--Jan. 31, 2012-- PHH Corporation (NYSE:PHH) today announced plans to release its fourth quarter 2011 results on Monday, February 6, 2012, after the market closes. The Company will host a conference call at 10:00 a.m. (Eastern Time) on Tuesday, February 7, 2012, to discuss its fourth quarter 2011 results. All interested parties are welcome to participate. You can access the conference call by dialing (888) 510-1762 or (719) 457-2634 and using the conference ID 4120134 approximately 10 minutes prior to the call. The conference call will also be webcast, which can be accessed at www.phh....

PHH Corporation Announces Changes to Board of Directors

Thursday January 26th 2012 05:44:00 PM

Charles P. Pizzi Elected to Board James W. Brinkley to Retire MT. LAUREL, N.J.--(BUSINESS WIRE)--Jan. 26, 2012-- PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) today announced the appointment of Charles P. Pizzi, former President and CEO of Tasty Baking Company and recently retired Chairman of the Federal Reserve Bank of Philadelphia, to its Board of Directors, effective January 26, 2012. In addition, James W. Brinkley, a director since January 31, 2005, has informed the Board of Directors of his intention to retire from the Board as of June 30, 2012. Jim Egan, Non-Executive Chairman of th...