PHH Corporation, through its subsidiary PHH Mortgage, is one of the largest subservicers of residential mortgages in the United States. PHH Mortgage provides servicing and portfolio retention solutions to investors of mortgage servicing rights, financial and wealth management institutions, regional and community banks, and credit unions.
Located in Mount Laurel, New Jersey, PHH has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience. We focus on subservicing and portfolio retention allowing our clients to concentrate on their core businesses while providing borrowers with exceptional customer service throughout the life of their loans. We strive to be a natural extension of each client’s team, helping them to keep their expenses down, borrowers satisfied and service levels up while meeting today’s regulatory demands and changing market conditions.
On October 4, 2018, Ocwen Financial Corporation (NYSE: OCN), a leading financial services holding company, completed the purchase of PHH Corporation. PHH is now a wholly-owned subsidiary of Ocwen and continues to operate under the PHH brand. Through its subsidiaries, Ocwen provides servicing, subservicing and origination solutions for the mortgage industry. For information on Ocwen please visit ocwen.com.