PHH Corporation (NYSE: PHH) is a leading provider of end-to-end mortgage solutions through its subsidiary, PHH Mortgage. Its outsourcing model and proven expertise, combined with a strong commitment to operational excellence and customer service, has enabled PHH Mortgage to become one of the largest non-bank originators and servicers of residential mortgages in the United States. PHH Mortgage provides value-added mortgage solutions to wealth management firms, banks, credit unions, real estate companies, relocation professionals and directly to consumers.
Through PHH Home Loans, LLC, a joint venture between PHH Mortgage and Realogy Holdings Corp, we also provide mortgage origination services to more than 700 real estate offices within NRT LLC, Realogy’s company-owned real estate brokerage business and the largest residential real estate brokerage company in the nation.
PHH Home Loans operates under a variety of brands across the country, including Axiom Financial, Coldwell Banker Home Loans, First Capital, Mortgage California, PHH Home Loans, Princeton Capital, Rocky Mountain Mortgage and Sunbelt Lending Services.
PHH Mortgage also provides end-to-end mortgage process solutions for its client partners, from origination to loan processing, underwriting and servicing, allowing financial institutions to offer mortgages under their own brand names while helping to reduce the operational costs and risk of their mortgage businesses. The company’s private label solutions resources consist of a broad product menu, experienced regulatory compliance staff, and innovative technology and loan servicing platform.
Our success with both private label solutions and direct-to-consumer offerings has enabled PHH Mortgage to become one of the top ten originators and servicers of residential mortgages in the United States.1 In 2015 alone, we closed approximately $41 billion in mortgage financing and maintained an average servicing portfolio of approximately 1.1 million loans.2
1 Inside Mortgage Finance, Copyright 2016.