PHH Mortgage Company Description
Psssssssssssst…PHH Mortgage provides private-label mortgage financing through other financial institutions and real estate brokers. A subsidiary of PHH Corporation, the company is a top US retail originator of residential mortgages. PHH Mortgage typically sells the mortgages it writes, but retains servicing rights. It operates nationwide. The company offers loans including fixed rate traditional mortgages, interest-only mortgages, construction financing, and home equity lines of credit. PHH Mortgage also provides private-label mortgage origination and servicing to companies such as Merrill Lynch (20% of its revenues), Charles Schwab, and TD Banknorth.
View the Comprehensive Company Description for PHH Mortgage
The Company Description provides a historical perspective of PHH Mortgage's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of PHH Mortgage's evolution in the marketplace.
