PHH Corporation

PHH Corporation is a standalone mortgage company. It provides outsourced mortgage banking services to a range of clients, including financial institutions and real estate brokers. The company operates through two segments: Mortgage Production and Mortgage Servicing. The Mortgage Production segment provides mortgage loan origination services and sells mortgage loans. The Mortgage Servicing segment performs servicing activities for loans originated by the Company and mortgage servicing rights purchased from others, and acts as a subservicer for certain clients that own the underlying mortgage servicing rights.

TypeSubsidiary
Parent CompanyOcwen
HQMount Laurel, NJ, US
Founded1946
Websitephhmortgage.com
Cybersecurity ratingAMore
PHH Corporation was founded in 1946 and is headquartered in Mount Laurel, NJ, US

Viewing summary data as a guest

Sign up for free to see all data

PHH Corporation Office Locations

PHH Corporation has offices in Mount Laurel, Lawrence Township and West Palm Beach
Mount Laurel, NJ, US (HQ)
1 Mortgage Way
Lawrence Township, NJ, US
Lawrenceville
Show all (3)

PHH Corporation Financials and Metrics

Summary Metrics

Founding Date

1946
PHH Corporation is a subsidiary of Ocwen

PHH Corporation Revenue

PHH Corporation's revenue was reported to be $456 m in FY, 2017
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.4b2.2b2.7b2.8b639.0m790.0m622.0m456.0m

Revenue growth, %

(78%)24%(21%)

Operating expense total

429.0m523.0m697.0m611.0m108.0m183.0m116.0m64.0m

Depreciation and amortization

33.0m23.0m18.0m16.0m14.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

371.0m572.0m665.0m516.0m384.0m777.0m559.0m624.0m730.0m822.0m615.0m517.0m196.0m152.0m261.0m237.0m169.0m157.0m196.0m197.0m114.0m112.0m121.0m50.0m35.0m

Operating expense total

117.0m94.0m99.0m114.0m155.0m179.0m156.0m177.0m136.0m156.0m185.0m123.0m87.0m143.0m16.0m89.0m57.0m15.0m16.0m33.0m25.0m25.0m57.0m3.0m9.0m

Depreciation and amortization

8.0m8.0m6.0m6.0m5.0m4.0m4.0m4.0m5.0m4.0m4.0m3.0m4.0m3.0m2.0m

EBIT

21.0m(62.0m)(50.0m)(26.0m)(37.0m)
USDQ2, 2010

Debt/Equity

4.3 x

Debt/Assets

0.7 x

Financial Leverage

6.4 x
Show all financial metrics

PHH Corporation Operating Metrics

FY, 2014FY, 2015FY, 2016

Saleable Closings

$12.39 m$13.22 m$10.15 m

Saleable Closings, units

94.18 k97.21 k79.46 k

Total Loans

$227.27 m$226.26 m$174.64 m

Total Loans, units

1.16 m1.09 m832.37 k
Show all operating metrics

PHH Corporation Revenue Breakdown

Embed Graph

PHH Corporation revenue breakdown by business segment: 86.7% from Mortgage Production and 13.3% from Mortgage Servicing

PHH Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

A

99/100

SecurityScorecard logo

PHH Corporation Online and Social Media Presence

Embed Graph

PHH Corporation Frequently Asked Questions

  • When was PHH Corporation founded?

    PHH Corporation was founded in 1946.

  • How many employees does PHH Corporation have?

    PHH Corporation has 3,500 employees.

  • What is PHH Corporation revenue?

    Latest PHH Corporation annual revenue is $456 m.

  • What is PHH Corporation revenue per employee?

    Latest PHH Corporation revenue per employee is $130.3 k.

  • Who are PHH Corporation competitors?

    Competitors of PHH Corporation include Masthaven, WHEDA and MCAP.

  • Where is PHH Corporation headquarters?

    PHH Corporation headquarters is located at 1 Mortgage Way, Mount Laurel.

  • Where are PHH Corporation offices?

    PHH Corporation has offices in Mount Laurel, Lawrence Township and West Palm Beach.

  • How many offices does PHH Corporation have?

    PHH Corporation has 3 offices.