Edition:
United States

PHH Corp (PHH.N)

PHH.N on New York Stock Exchange

10.88USD
3:51pm EDT
Change (% chg)

$0.00 (+0.00%)
Prev Close
$10.88
Open
$10.88
Day's High
$10.89
Day's Low
$10.88
Volume
5,193
Avg. Vol
54,424
52-wk High
$14.31
52-wk Low
$8.02

Latest Key Developments (Source: Significant Developments)

PHH Corp Qtrly ‍​Non-GAAP Core Loss Per Share $1.44
Tuesday, 27 Feb 2018 04:48pm EST 

Feb 27 (Reuters) - Phh Corp ::ORATION ANNOUNCES FOURTH QUARTER 2017 RESULTS.Q4 LOSS PER SHARE $1.49.QTRLY ‍RESULTS INCLUDES A $30 MILLION UNFAVORABLE IMPACT FROM FEDERAL TAX REFORM​.QTRLY ‍NET REVENUES $109 MILLION VERSUS $72​ MILLION.PHH - ‍REACHED SETTLEMENT AGREEMENT WITH MULTISTATE COALITION OF SOME MORTGAGE BANKING REGULATORS & CONSENT ORDERS WITH CERTAIN STATE ATTORNEYS GENERAL​.‍SETTLEMENT AGREEMENT WAS TO RESOLVE AND CLOSE OUT FINDINGS FROM MMC EXAMINATION, WITHOUT ANY ADMISSION OF LIABILITY​.‍UNDER TERMS OF SETTLEMENT, CO WILL PAY APPROXIMATELY $45 MILLION IN AGGREGATE, OF WHICH $38 MILLION WAS PAID IN Q4.QTRLY ‍​NON-GAAP CORE LOSS PER SHARE $1.44.  Full Article

Ocwen Financial Enters Definitive Agreement To Acquire PHH Corp For $360 Mln
Tuesday, 27 Feb 2018 04:35pm EST 

Feb 27 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE PHH CORPORATION FOR $360 MILLION.  Full Article

PHH Corp To Be Acquired By Ocwen Financial For $11/Shr
Tuesday, 27 Feb 2018 04:35pm EST 

Feb 27 (Reuters) - Phh Corp ::PHH CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY OCWEN FINANCIAL CORPORATION IN AN ALL CASH TRANSACTION.PHH CORP - DEAL FOR ‍$11.00 PER FULLY-DILUTED SHARE​.PHH CORP - ‍OCWEN WILL ASSUME $119 MILLION OF PHH'S OUTSTANDING UNSECURED DEBT​.  Full Article

PHH Corp Comments On Settlement With Multi-State Mortgage Committee, State Attorneys General
Wednesday, 3 Jan 2018 11:12am EST 

Jan 3 (Reuters) - PHH Corp ::PHH CORPORATION COMMENTS ON SETTLEMENT WITH MULTI-STATE MORTGAGE COMMITTEE AND STATE ATTORNEYS GENERAL.PHH SAYS SETTLEMENT RESOLVES FINDINGS RELATED TO LEGACY MORTGAGE SERVICING ACTIVITIES OCCURRING BETWEEN JAN 1, 2009 AND DEC 31, 2012.PHH - AS PER SETTLEMENT, CO TO IMPLEMENT TESTING & REPORTING PROCESS TO COMPLY WITH SERVICING STANDARDS FOR 3 YRS.  Full Article

PHH Corp Q3 loss per share $1.14
Tuesday, 7 Nov 2017 04:15pm EST 

Nov 7 (Reuters) - PHH Corp ::PHH Corporation announces third quarter 2017 results.Q3 loss per share $1.14.PHH Corp - ‍board of directors has provided a new authorization for up to $100 million of share repurchases as next step in capital return plan​.PHH Corp - qtrly ‍net revenues $121 million versus $197 million​.  Full Article

PHH accepts $14.25/shr as payment for its 18.7 mln shares after modified Dutch auction
Friday, 15 Sep 2017 08:00am EDT 

Sept 15 (Reuters) - PHH Corp :PHH Corp - ‍PHH accepted for payment an aggregate of 18.7 million shares of PHH's common stock at a purchase price of $14.25 per share​.PHH Corp - ‍final results of its modified "Dutch auction" tender offer, which expired at 12:01 a.m., New York city time, on Monday, September 11, 2017​.  Full Article

PHH Corp expects to accept for payment about 18.8 mln shares at $14.25 per share
Monday, 11 Sep 2017 07:30am EDT 

Sept 11 (Reuters) - PHH Corp :PHH Corp - accordance with terms of tender offer​ co expects to accept for payment, at purchase price of $14.25 per share, approximately 18.8 million shares.PHH - ‍preliminary results of modified "Dutch auction" tender offer, which expired at 12:01 a.m., New York City time, on Monday, September 11, 2017​.  Full Article

‍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

BRIEF-PHH Corp Reports Q1 Loss Per Share $0.92

* ROVIDES UPDATE ON PROPOSED MERGER WITH OCWEN FINANCIAL CORPORATION Source text for Eikon: Further company coverage: