PQZ.F - PHH Corporation

Frankfurt - Frankfurt Delayed Price. Currency in EUR
9.372
+0.020 (+0.214%)
At close: 8:02AM CET
Stock chart is not supported by your current browser
Previous Close9.352
Open9.372
Bid9.397 x 50000
Ask9.559 x 50000
Day's Range9.372 - 9.372
52 Week Range9.205 - 14.503
Volume133
Avg. Volume0
Market Cap306.782M
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-5.769
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • American City Business Journalslast month

    Despite $55M third quarter loss, PHH touts progress in reorganization plan

    Mortgage lender PHH Corp. said it lost $55 million in the third quarter and $168 million so far this year. Results from the most recent quarter were affected by several one-time costs, including losing $16 million on the sale of mortgage servicing rights, $34 million for early debt retirement and a $2 million provision for legal and regulatory matters. The Mount Laurel, N.J.-based company agreed in August to pay $74.5 million to settle claims from the U.S. Department of Justice that it produced defective loans that the federal government insured and Fannie Mae and Freddie Mac bought.

  • Associated Presslast month

    PHH reports 3Q loss

    The Mount Laurel, New Jersey-based company said it had a loss of $1.14 per share. Losses, adjusted for non-recurring costs, were $1.10 per share. The mortgage and fleet management company posted revenue ...

  • Morgan Stanley to handle mortgage originations in home-loan push: sources
    Reuters3 months ago

    Morgan Stanley to handle mortgage originations in home-loan push: sources

    The change comes ahead of the bank's third-party provider, PHH Corp, exiting the origination business next year, and as Morgan Stanley makes a bigger push into mortgages. Although it will soon begin handling the early stages of mortgage lending, Morgan Stanley will continue to use PHH for other functions like mortgage servicing, said the sources, who were not authorized to speak to the press. Representatives for Morgan Stanley and PHH declined to comment.

  • Reuters4 months ago

    PHH to pay $74.5 million to resolve U.S. mortgage probes

    Mortgage company PHH Corp will pay nearly $74.5 million to resolve claims it generated defective loans that the federal government then insured and Fannie Mae and Freddie Mac bought, The U.S. Justice Department said on Tuesday. The deal with Mount Laurel, New Jersey-based PHH follows settlements between the Justice Department and financial companies over shoddy mortgage loans in recent years in the wake of the 2007-2009 financial crisis. "This significant resolution helps rectify the misconduct by returning more than $74 million in wrongfully claimed funds to the government," Gregory Brooker, the acting U.S. attorney in Minnesota, said in a statement.

  • Associated Press4 months ago

    Mortgage lender PHH agrees to pay $74 million settlement

    Federal prosecutors in Minnesota say PHH Corp. and two subsidiaries have agreed to pay over $74 million to settle allegations they violated standards for underwriting government-backed mortgages. Acting ...

  • Zacks5 months ago

    Implied Volatility Surging for PHH (PHH) Stock Options

    Investors in PHH (PHH) need to pay close attention to the stock based on moves in the options market lately.

  • Judges Mull Future of Consumer Financial Protection Bureau
    Consumer Reports7 months ago

    Judges Mull Future of Consumer Financial Protection Bureau

    Consumer Reports has no relationship with any advertisers on this website. A federal appeals court heard arguments Wednesday that could help determine the fate of the embattled Consumer Financial...

  • U.S. regulator may have edge in court arguments on its structure
    Reuters7 months ago

    U.S. regulator may have edge in court arguments on its structure

    A divided U.S. appeals court on Wednesday appeared to tilt slightly in favor of the Consumer Financial Protection Bureau's arguments that its structure does not violate the Constitution, in one of two cases that could weigh on the policing of Wall Street. A crowded courtroom at the U.S. Court of Appeals for the District of Columbia Circuit heard a number of judges on the 11 member panel vigorously question Theodore Olson, an attorney whose mortgage company client PHH Corporation (PHH.N) brought the case against the regulator after the CFPB sued the company on allegations it was involved in an illegal kickback scheme. The harshest questioning came from Democratically-appointed judges, though Republican-appointed Judge Thomas Griffith also at times raised concerns on whether Olson's arguments run counter to Supreme Court precedent.

  • Associated Press7 months ago

    PHH reports 1Q loss

    The Mt. Laurel, New Jersey-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs, were $1.24 per share. The mortgage and fleet management company posted revenue ...

  • Reuters8 months ago

    Ocwen fights U.S. consumer watchdog over mortgage allegations

    Ocwen Financial Corp is digging in for a legal battle with the U.S. consumer financial watchdog over allegations its mortgage servicing harmed thousands of borrowers, and has asked the Justice Department to join its fight. Ocwen, one of the United States' largest nonbank mortgage servicers, filed a challenge to the Consumer Financial Protection Bureau in the U.S. District Court in West Palm Beach on Tuesday saying the agency was not legal under the U.S. constitution. The move came after the CFPB brought a lawsuit against Ocwen last week, accusing the company of widespread misconduct in how it serviced borrowers' loans, from foreclosure abuses to a basic failure to send accurate monthly statements.

  • TheStreet.com9 months ago

    EJF Capital Increases PHH Stake Amid Efforts to Shake Up Board

    EJF Capital increased its stake in PHH as the hedge fund attempts to add two directors to its board.

  • Zacks9 months ago

    Moving Average Crossover Alert: PHH (PHH)

    PHH Corporation (PHH) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front

  • Here's Why PHH Corporation's Foundation Crumbled on Thursday
    Motley Fool10 months ago

    Here's Why PHH Corporation's Foundation Crumbled on Thursday

    PHH blew the lid off Wall Street's earnings per share expectations... in the wrong direction.

  • CFPB, Cordray, Win Second Chance to Avoid a Trump Firing
    Bloomberg10 months ago

    CFPB, Cordray, Win Second Chance to Avoid a Trump Firing

    The Consumer Financial Protection Bureau and embattled director Richard Cordray won a second chance to defend his independence from the political pressure of being fired at any time for any, or no, reason ...

  • Associated Press10 months ago

    PHH reports 4Q loss

    The Mt. Laurel, New Jersey-based company said it had a loss of $2.49 per share. Losses, adjusted for non-recurring costs, were $1.86 per share. The mortgage and fleet management company posted revenue ...