PHH Corporation · Mt. Laurel, NJ United States ·(NYSE: PHH)
Company Description
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This link will open in a new window Two staples of modern life -- homes and houses -- come together at PHH. The company's operations consist of PHH Vehicle Management Services and PHH Mortgage . PHH Vehicle Management (better known as PHH Arval) is the #2 US provider of commercial fleet management services (behind GE Fleet Services ) to corporations and government agencies throughout North America. PHH's mortgage related activities are split between residential mortgage production and servicing. The company also provides appraisal services through its STARS unit. PHH Corporation was formed in 2005 when Cendant (now Avis Budget Group ) spun off its mortgage and fleet management businesses to focus on other operations. To read the full description, subscribe now.
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Key PHH Corporation Financials
| Company Type | Public - NYSE: PHH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,056.0 |
| 2008 Employees | 5,080 |
PHH Corporation Executives
16 executives listed for PHH Corporation's Mt. Laurel, NJ location.
| Title | Name & Bio | Contact |
| Chairman | James Egan | Network |
| President, CEO, and Director | Jerome Selitto | Network |
| EVP and CFO | Sandra Bell | Network |
Competition
Competitive Landscape for PHH Corporation
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top PHH Corporation Competitors
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