PHH CORPORATION (NYSE:PHH) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.
On February27, 2018, PHH Corporation (“PHH,” the “Company,” “we” or “our”) issued a press release announcing financial results for the three and twelve month periods ended December31, 2017. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in its entirety.
The information disclosed under this Item 2.02, including Exhibit99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be incorporated by reference into any registration statement or other document to the Securities Act of 1933, as amended (the “Securities Act”), except as expressly set forth in such filing.
Item 9.01.Financial Statements and Exhibits.
* Exhibit99.1 hereto is being furnished and shall not be deemed “filed” for purposes of Section18 of the Exchange Act, nor shall such Exhibitbe incorporated by reference into any registration statement or other document to the Securities Act, except as expressly set forth in such filing.
PHH CORP ExhibitEX-99.1 2 a8-kexhibit99d1pressrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 PHH Corporation Announces Fourth Quarter 2017 ResultsHighlights:•Net loss attributable to PHH Corporation of $49 million or $1.49 per basic share,…To view the full exhibit click
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.