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PHH Corporation (PHH)

23.17 Down 0.16(0.69%) 11:27AM EDT - Nasdaq Real Time Price
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PHH Corporation
3000 Leadenhall Road
Mount Laurel, NJ 08054
United States - Map
Phone: 856-917-1744

Index Membership:N/A
Industry:Credit Services
Full Time Employees:6,000

Business Summary 

PHH Corporation provides outsourced mortgage and fleet management services in the United States and Canada. The company operates through three segments: Mortgage Production, Mortgage Servicing, and Fleet Management Services. The Mortgage Production segment provides private-label mortgage services to financial institutions and real estate brokers; and originates, purchases, and sells mortgage loans. The Mortgage Servicing segment services mortgage loans, purchases mortgage servicing rights, and acts as sub servicer for clients that own the underlying servicing rights; collects loan payments; remits principal and interest payments to investors; manages escrow funds for the payment of mortgage-related expenses, such as taxes and insurance; and performs loss mitigation activities on behalf of investors. This segment also offers reinsurance services. The Fleet Management Services segment provides fleet management services, including vehicle leasing, fleet policy analysis and recommendations, benchmarking, vehicle recommendations, ordering and purchasing vehicles, and arranging for vehicle delivery and administration of the title and registration process, as well as tax and insurance requirements, pursuing warranty claims, and remarketing used vehicles. This segment also offers vehicle maintenance service cards to facilitate payment for repairs and maintenance; accident management services; driver safety training services, including classroom and behind the wheel training for small groups or individual drivers taught by professional driving instructors; and fuel card programs that facilitate the payment, monitoring, and control of fuel purchases to corporate clients and government agencies. PHH Corporation was founded in 1946 and is based in Mount Laurel, New Jersey.

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Corporate Governance 
PHH Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 5. The pillar scores are Audit: 10; Board: 3; Shareholder Rights: 4; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Glen A. Messina , 52
Chief Exec. Officer, Pres and Director
Mr. Robert B. Crowl , 50
Chief Financial Officer and Exec. VP
Mr. William F. Brown , 56
Chief Legal Officer, Sr. VP, Gen. Counsel, Corp. Sec. and Sec. of PHH Mortgage
Mr. Richard J. Bradfield , 44
Sr. VP of Financial Institutions Group - PHH Mortgage
Mr. David E. Tucker , 53
Exec. Pres of PHH Mortgage
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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