PHH CORPORATION (NYSE:PHH) Files An 8-K Other Events

ME Staff 8-k
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PHH CORPORATION (NYSE:PHH) Files An 8-K Other Events
Item 8.01. Other Events.

On August8, 2017, PHH Corporation issued a press release announcing its entry into settlement agreements with the U.S. Department of Justice to resolve certain previously disclosed matters regarding legacy mortgage origination and underwriting activities. A copy of the press release is attached to this Current Report on Form8-K as Exhibit99.1 and is incorporated herein by reference in its entirety.

Item 9.01. Financial Statements and Exhibits

(d)Exhibits

Exhibit Number

Description

99.1

PHH Corporation press release dated August8, 2017.


PHH CORP Exhibit
EX-99.1 2 a17-19103_1ex99d1.htm EX-99.1 Exhibit 99.1     PHH Corporation Comments on Settlement with U.S. Department of Justice   Mount Laurel,…
To view the full exhibit click here

About PHH CORPORATION (NYSE:PHH)

PHH Corporation (PHH) is a non-bank mortgage originator and servicer of the United States residential mortgage loans. The Company conducts its business through two segments: Mortgage Production and Mortgage Servicing. Its Mortgage Production segment originates, purchases and sells mortgage loans through PHH Mortgage. The Mortgage Production segment includes PHH Home Loans, which is a joint venture that it maintains with Realogy Corporation. The Mortgage Servicing segment services mortgage loans originated by PHH Mortgage and acts as a subservicer for certain clients that own the underlying servicing rights. Through its wholly owned subsidiary, PHH Mortgage Corporation and its subsidiaries (PHH Mortgage), the Company provides outsourced mortgage banking services to various clients, including financial institutions and real estate brokers throughout the United States and are focused on originating, selling, and servicing and subservicing residential mortgage loans.