From HW Magazine
PHH: Now a pure-play mortgage company
A deal to shed fleet leasing secure, what's ahead for the outsourced mortgage services provider?
At a time when residential mortgages are a tough market on every side, PHH is about to become a pure-play mortgage company, from mortgage banking to loan servicing. This month’s column asks a simple question: is now the time to invest in the future of PHH, or are there simply too many question marks to make an investment prudent? As with all Angle columns, the answer, dear reader, lies entirely with you.