PHH Corporation was created in 2005 when Avis Budget Group (then named Cendant) spun off its mortgage business to streamline operations. Today the company operates through three business segments: Mortgage Production, Mortgage Servicing, and Fleet Management Services. PHH offers private-label mortgage ...
Joint State-Federal Mortgage Servicing Settlement A home loan servicer manages contract advances, including gathering and recording instalments from borrowers. A servicer likewise handles credit defaults and dispossessions and may offer misfortune relief projects to help delinquent borrowers. The organization...