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PHH was founded by Duane Peterson, Harley Howell and Richard Heather in 1946 in Mount Laurel, New Jersey and incorporated in 1953 as a Maryland corporation [1] providing mortgage services, employee relocation services, fleet management services.
Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners".
PHH's businesses of mortgage brokerage, relocation services, and fleet management were expected to synergize with HFS's real estate and car rental businesses. [ 25 ] However, later that year, Silverman led HFS into what would prove a disastrous merger with CUC International , a direct marketing company that operated discount membership programs ...
A Georgia homeowner was awarded $21 million in a lawsuit against one of the largest mortgage servicers in the nation. The homeowner, David Brash, a U.S. Army sergeant, claimed that PHH incorrectly ...
A mortgage banker’s services might include: Originating loans: Mortgage bankers have a variety of loans to offer, but some can specialize in particular types of loans, such as jumbo loans , VA ...
American Home Mortgage Investment Corporation was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment trust (REIT).. In 2007, it filed for bankruptcy and was liquidated.
Imagine a world where you don't have to write or mail a check, handle paper money or swipe your credit card -- all you have to do is enter some information into a Web site to make a financial ...
Ameriquest was founded in 1979 by Roland Arnall, in Orange County, California, as a savings and loan association, or thrift, called Long Beach Savings & Loan.After moving to Long Beach, California and being converted to a pure mortgage lender in 1994, the company was renamed Long Beach Mortgage Co.