PHH Corp. will pay the Justice Department $75 million to settle a False Claims Act investigation of its underwriting practices on mortgages insured by the Federal Housing Administration and Department ...

When PHH reported its third quarter earnings on Tuesday, the company made several disclosures, including that it planned to exit its private-label origination business, that it planned to sell off its ...

WEST PALM BEACH, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and ...

In a deal that seemingly comes out of nowhere, Ocwen Financial announced Tuesday afternoon that it is buying PHH Corp. for $360 million in cash. Under the terms of the deal, Ocwen will acquire all of ...

WEST PALM BEACH, Fla., April 18, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage ...

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a ...

Under the terms of the deal, PHH Corporation shareholders will receive $11.00 in cash for every PHH share they own, a 24% premium to closing price on Feb. 26. In prepared remarks during its conference ...

The Consumer Financial Protection Bureau is poised to dismiss its case against PHH Corp., a nonbank mortgage lender and servicer whose appeal of a $109 million penalty led to a four-year legal battle ...

PHH Corporation announced that its subsidiary, PHH Mortgage Corporation and Matrix Financial Services Corporation, a subsidiary of Two Harbors Investment Corp., have entered into a flow sale agreement ...

Declining revenues and an industry under pressure are not the descriptors you want to hear just before you invest in a company, but unfortunately PHH Corp. (PHH-Snapshot Report) is experiencing both ...

PITTSBURGH (KDKA) -- Losing your home to foreclosure is bad, but getting ripped off in the process is even worse. That's why a move by Pennsylvania Attorney General Josh Shapiro will come as good news ...