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PHH Corp (PHH.N)

PHH.N on New York Stock Exchange

14.11USD
18 Aug 2017
Change (% chg)

$0.04 (+0.28%)
Prev Close
$14.07
Open
$13.92
Day's High
$14.23
Day's Low
$13.92
Volume
830,360
Avg. Vol
143,409
52-wk High
$15.85
52-wk Low
$11.76

Latest Key Developments (Source: Significant Developments)

‍morgan Stanley​ reports 5.2 pct passive stake in PHH Corp as on Aug 9
Thursday, 17 Aug 2017 04:44pm EDT 

Aug 17 (Reuters) - Morgan Stanley -:‍morgan Stanley​ reports 5.2 percent passive stake in PHH Corp as on August 9, 2017 - sec filing.  Full Article

PHH Corp announces commencement of tender offer to purchase up to $266 mln of its common stock
Friday, 11 Aug 2017 08:36am EDT 

Aug 11 (Reuters) - PHH Corp :PHH Corporation announces commencement of tender offer to purchase up to $266 million of its common stock.PHH Corp - ‍Tender offer will expire on September 8, 2017.  Full Article

PHH Corp reports Q2 loss per share $0.86
Tuesday, 8 Aug 2017 04:15pm EDT 

Aug 9 (Reuters) - PHH Corp -:PHH Corporation announces second quarter 2017 results.Q2 loss per share $0.86.Qtrly net revenues $ 112 million versus $ 196 million.  Full Article

PHH Corp comments on settlement with U.S. Department of Justice
Tuesday, 8 Aug 2017 08:30am EDT 

Aug 8 (Reuters) - PHH Corp :PHH Corporation comments on settlement with U.S. Department of Justice.PHH Corp - ‍Under terms of agreements, PHH will pay approximately $75 million in aggregate to DOJ.​.PHH - ‍settlement covers certain mortgage loans insured by Federal Housing Administration during period between January 1, 2006 and December 31, 2011​.PHH Corp - ‍Settlement agreements also cover certain mortgage loans insured by VA, and certain mortgage loans sold to Fannie Mae and Freddie Mac​.PHH Corp - ‍"We have agreed to resolve these matters, which cover certain legacy origination and underwriting activities, without admitting liability"​.  Full Article

Phh commences tender offers and consent solicitations
Monday, 19 Jun 2017 04:15pm EDT 

June 19 (Reuters) - PHH Corp ::PHH Corporation commences tender offers and consent solicitations for any and all of its 7.375% senior notes due 2019 and 6.375% senior notes due 2021.PHH Corp says offer and consent solicitation will expire at 11:59 p.m., New York City time, on July 17, 2017.  Full Article

PHH Corp Q1 loss per share $1.26
Tuesday, 9 May 2017 04:15pm EDT 

May 9 (Reuters) - PHH Corp :PHH Corporation announces first quarter 2017 results.Q1 loss per share $1.26.Q1 earnings per share view $-0.68 -- Thomson Reuters I/B/E/S.PHH Corp - board of directors has authorized up to $100 million in open market share repurchases as an initial action in returning capital to shareholders..Qtrly net revenues $114mln versus $157 million.Phh corp - qtrly core loss per share $1.24.  Full Article

PHH Corp appoints Michael Bogansky as CFO
Thursday, 30 Mar 2017 09:00am EDT 

Phh Corp : PHH Corporation announces leadership transition . Says Robert Crowl appointed COO . Says Michael Bogansky appointed CFO . PHH Corp - Crowl to become president and CEO on June 28, 2017, succeeding glen messina . PHH Corp - management changes are expected to result in at least $5 million in savings on an annualized basis .PHH Corp - $5 million in savings on annualized basis consistent with previously announced plan to reduce total shared services expenses to about $75 million in H2'18.  Full Article

EJF Capital reports 8.4 percent stake in Phh Corp
Thursday, 9 Mar 2017 05:27pm EST 

Phh Corp :EJF Capital reports 8.4 percent stake in PHH Corp as of February 27, 2017 - SEC filing.  Full Article

PHH Corp to sell its non-GNMA mortgage servicing rights portfolio
Wednesday, 28 Dec 2016 04:59pm EST 

Phh Corp : Press release - PHH Corporation announces sale and subservicing agreements for its entire non-GNMA mortgage servicing rights portfolio . Total proceeds from sale are expected to be approximately $912 million .PHH - entered into an agreement with new residential investment for sale of its entire portfolio of mortgage servicing rights, related servicing advances.  Full Article

PHH Corp issues statement in response to D.C. Circuit Court of Appeals opinion
Tuesday, 11 Oct 2016 04:33pm EDT 

Phh Corp :PHH Corp says issues statement regarding opinion issued by D.C. Circuit Court of Appeals.  Full Article

BRIEF-‍morgan Stanley​ reports 5.2 pct passive stake in PHH Corp as on Aug 9

* ‍morgan Stanley​ reports 5.2 percent passive stake in PHH Corp as on August 9, 2017 - sec filing Source text: (http://bit.ly/2v6upAk) Further company coverage: