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.

Company Growth (employees)
Mount Laurel, US
Size (employees)
3,500 (est)
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 Financials and Metrics

PHH Corporation Financials

PHH Corporation's revenue was reported to be $622 m in FY, 2016

Revenue (Q2, 2017)

112 m

Net income (Q2, 2017)

(50 m)

Market capitalization (13-Nov-2017)

532.1 m

Cash (30-Jun-2017)

1 b
PHH Corporation's current market capitalization is $532.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


2.8 b639 m790 m622 m

Revenue growth, %


Sales and marketing expense

64 m

Operating expense total

64 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


615 m517 m196 m152 m261 m237 m169 m157 m196 m197 m114 m112 m

Sales and marketing expense

19 m27 m19 m12 m18 m19 m11 m14 m

Operating expense total

689 m588 m217 m281 m230 m311 m256 m206 m216 m226 m219 m195 m

Interest expense

17 m12 m7 m9 m7 m7 m7 m6 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


1.2 b1.2 b964 m1.5 b1.3 b958 m982 m937 m1 b996 m936 m1 b

Accounts Receivable

939 m1 b637 m672 m126 m103 m88 m72 m82 m89 m61 m74 m


73 m69 m42 m38 m35 m41 m46 m52 m50 m50 m32 m28 m


25 m25 m
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)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(46 m)(44 m)(55 m)218 m23 m(33 m)(80 m)(30 m)(9 m)(21 m)(71 m)

Depreciation and Amortization

5 m4 m4 m4 m5 m4 m4 m

Accounts Receivable

103 m88 m72 m82 m89 m61 m

Accounts Payable

281 m228 m182 m225 m200 m185 m
Y, 2017

Financial Leverage

3 x
Show all financial metrics

PHH Corporation Operating Metrics

PHH Corporation's Total Loans Issued was reported to be $174.6 m in FY, 2016, which is a 23% decrease from the previous period
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 Issued, units

1.16 m1.09 m832.37 k

Total Loans Issued

$227.27 m$226.26 m$174.64 m
Show all operating metrics

PHH Corporation Market Value History

PHH Corporation Revenue Breakdown

PHH Corporation's Web-traffic and Trends

PHH Corporation Company Life and Culture

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