Report
EUR 212.70 For Business Accounts Only

PHH Corporation: Semiannual Update

FINANCIAL INSTITUTIONS CREDIT OPINION 16 October 2017 Update Contacts Gene Berman +1.212.553.4139 AVP-Analyst [email protected] Warren Kornfeld +1.212.553.1932 Senior Vice President [email protected] Brian L. Harris +1.212.553.4705 Senior Vice President/ Manager [email protected] Bruno Baretta +1.212.553.6032 Associate Analyst [email protected] CLIENT SERVICES Americas 1
Underlying
PHH Corporation

PHH is a mortgage company that provide outsourced mortgage banking services to a variety of clients, including financial institutions and real estate brokers through the company's wholly-owned subsidiary, PHH Mortgage Corporation and its subsidiaries (collectively, PHH Mortgage). The company's operating segments are: Mortgage Production, which provides private label mortgage services to financial institutions and real estate brokers, and sources mortgage loans through its retail platform; and Mortgage Servicing, which services mortgage loans originated by PHH Mortgage where it retained the mortgage servicing rights and acts as a subservicer for certain clients that own the underlying servicing rights.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



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