Posts Tagged ‘phh corp’

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Over A Dozen Mortgage Executives Recruited

More than a dozen mortgage firms have named new senior and mid-level executives to lead their companies. Among the appointments are managers who worked for some of the nation’s biggest mortgage lenders. Former PHH Corp. chief financial officer Sandra E. Bell joined Prospect Mortgage LLC as its CFO earlier this month. Bell has almost 30 [...]

Correspondent Retreat Hurts PHH Production

A quarterly decline in mortgage originations at PHH Corp. was primarily the result of an earlier decision to reduce its reliance on the correspondent lending channel. The company’s pipeline of locked applications ready to close point to an even slower second quarter. But with widening profit margins and a “robust” retail pipeline, PHH’s chief was [...]