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Items Tagged with 'PHH Corp.'

ARTICLES

PHH returns to profitability in first quarter

Reports 46% jump in mortgage applications
After a year of transition that saw PHH Corp. sell off its fleet management business and take a net loss from continuing operations of $191 million in 2014, PHH returned to profitability in the first quarter. How did PHH turn it around?
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Weak mortgage production drags PHH down again

Company posts loss of $59 million despite fleet business sale
On the positive side, the $27 million loss from the mortgage production segment was an improvement from the $60 million loss suffered by the segment in the first quarter of 2014. By contrast, though, the segment pulled in a profit of $44 million in the second quarter of 2013.
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Mortgage stocks sink with HW 30

Ellie Mae stands out, rises after acquiring MortgageCEO
The HW 30 – HousingWire’s exclusive list of mortgage finance stocks – sunk 0.27%, or 2.96 points, in Thursday trading, as several lending and servicing companies experienced disappointing declines. Still, one overachiever – Ellie Mae – stood out.
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