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PHH Corp (PHH.N)

PHH.N on New York Stock Exchange

12.38USD
17 Feb 2017
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Wed, Feb 15 2017

BRIEF-PHH posts Q4 loss per share $2.49

* Q4 earnings per share view $-0.54 -- Thomson Reuters I/B/E/S

BRIEF-PHH Corporation announces sale of certain assets of PHH Home Loans

* PHH Corporation announces sale of certain assets of PHH Home Loans

UPDATE 1-PHH to pay $28 mln fine to end New York mortgage probe

Nov 9 PHH Corp will pay a $28 million fine after examiners uncovered "persistent shortcomings" in its mortgage origination and servicing practices, New York Governor Andrew Cuomo announced on Wednesday.

BRIEF-PHH Corporation agrees to resolve concerns raised by the New York State Department of Financial Services

* PHH Corporation comments on settlement with New York State Department of Financial Services

PHH to pay $28 mln fine over mortgage practices, NY governor says

Nov 9 PHH Corp will pay a $28 million fine after examiners uncovered "persistent shortcomings" in its mortgage origination and servicing practices, New York Governor Andrew Cuomo announced on Wednesday.

BRIEF-PHH CORP - to complete evaluation of strategic alternatives by end of Jan

* PHH Corp - intend to complete final phase of evaluation of strategic alternatives by end of january 2017

BRIEF-PHH Corp issues statement in response to D.C. Circuit Court of Appeals opinion

* PHH Corp says issues statement regarding opinion issued by D.C. Circuit Court of Appeals Source text for Eikon: Further company coverage:

U.S. court rules CFPB structure unconstitutional but can continue operating

WASHINGTON A U.S. appeals court on Tuesday ruled that the U.S. Consumer Financial Protection Bureau is unconstitutional because too much power is vested in the regulator's sole director, but that it can continue operating with the director removable by the president.

BRIEF-Phh corp estimates Merrill Lynch originations to contribute about $45 mln of pre-tax earnings for FY 2016

* Unit got notice from Bank of America, exercising its right to terminate, effective as of march 31, 2017, agreement with unit which provides private label origination services on behalf of Merrill Lynch 

BRIEF-PHH says HSBC Bank USA to sell mortgage servicing rights currently subserviced by PHH unit

* Informed by HSBC Bank USA that it entered into agreement to sell mortgage servicing rights with respect to mortgage loans

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