PHH Corporation

PHH Corporation (NYSE: PHH) was founded in 1946 by Duane Peterson, Harley Howell and Richard Heather. Today, our clients include financial institutions, real estate companies, credit unions, corporations and government agencies. We supply them with industry-leading, end-to-end mortgage solutions through our subsidiary, PHH Mortgage. We combine expertise in Real Estate, Private Label Solutions, Correspondent Lending, Relocation Services and Loan Servicing with an unrelenting focus on operational excellence and a customer-centric approach. Through our relationship with Realogy, the world’s largest real estate franchisor, we provide mortgage services to some of the most prominent real estate franchises in the country. We also offer home financing directly to consumers. The success of our unique business model has enabled PHH Mortgage to become one of the top ten originators and servicers of residential mortgages in the United States.(1) In 2014 alone, we closed approximately $36 billion in mortgage financing and maintained an average servicing portfolio of over 1,100,000 loans.(2) Our commitment to exceptional service and regulatory compliance allows our clients to focus on what they do best, so that they can succeed in today’s complex marketplace.

Mount Laurel, US
Size (employees)
3,500 (est)-7%
PHH Corporation was founded in 1946 and is headquartered in Mount Laurel, US

PHH Corporation Office Locations

PHH Corporation has offices in Mount Laurel and Bowie
Mount Laurel, US (HQ)
1 Mortgage Way

PHH Corporation Data and Metrics

PHH Corporation Financial Metrics

PHH Corporation's revenue was reported to be $622 m in FY, 2016 which is a 21% decrease from the previous period.

Revenue (FY, 2016)

622 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

(193 m)

Market capitalization (21-Jul-2017)

733.6 m

Cash (31-Dec-2016)

906 m
PHH Corporation's current market capitalization is $733.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


2.8 b639 m790 m622 m

Revenue growth, %


Sales and marketing expense

64 m

Operating expense total

2.6 b923 m1 b926 m

Interest expense

88 m46 m32 m

Interest income

42 m44 m43 m

Pre tax profit

241 m(284 m)(213 m)(304 m)

Income tax expense

77 m(99 m)(82 m)(111 m)

Net Income

164 m87 m(131 m)(193 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.2 b1.3 b906 m906 m

Accounts Receivable

981 m123 m81 m66 m


75 m36 m47 m36 m


25 m

Total Assets

8.8 b4.3 b3.7 b3.2 b

Accounts Payable

803 m244 m251 m193 m

Total Liabilities

2.1 b

Additional Paid-in Capital

1.1 b989 m911 m887 m

Retained Earnings

507 m566 m416 m214 m

Total Equity

1.7 b1.6 b1.3 b1.1 b

Financial Leverage

5.2 x2.7 x2.7 x2.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

164 m87 m(131 m)(193 m)

Depreciation and Amortization

23 m18 m16 m

Cash From Operating Activities

2.7 b(11 m)121 m73 m

Purchases of PP&E

(32 m)(15 m)(31 m)(17 m)

Cash From Investing Activities

(1.2 b)489 m62 m50 m

Cash From Financing Activities

(1.1 b)(464 m)(536 m)(123 m)
USDY, 2016


163.7 k

Financial Leverage

2.8 x

PHH Corporation Market Value History

PHH Corporation News and Updates

PHH Corporation Company Life and Culture

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