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PHH Corp (PHH.N)

PHH.N on New York Stock Exchange

10.92USD
17 Aug 2018
Change (% chg)

$-0.02 (-0.18%)
Prev Close
$10.94
Open
$10.92
Day's High
$10.94
Day's Low
$10.91
Volume
13,740
Avg. Vol
63,543
52-wk High
$14.31
52-wk Low
$8.02

Latest Key Developments (Source: Significant Developments)

PHH Q2 Loss Per Share $1.07
Saturday, 4 Aug 2018 

Aug 3 (Reuters) - Phh Corp ::ORATION ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 LOSS PER SHARE $1.11 FROM CONTINUING OPERATIONS.Q2 LOSS PER SHARE $1.07.Q2 REVENUE ROSE 38 PERCENT.COMPANY ENDED Q2 2018 WITH CASH AND CASH EQUIVALENTS OF $453 MILLION.CURRENTLY TARGETING CLOSING TRANSACTION WITH OCWEN IN Q3 OF 2018.  Full Article

PHH Corp Comments On Settlement With Multi-State Mortgage Committee, State Attorneys General
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - PHH Corp ::PHH CORPORATION COMMENTS ON SETTLEMENT WITH MULTI-STATE MORTGAGE COMMITTEE AND STATE ATTORNEYS GENERAL.PHH SAYS SETTLEMENT RESOLVES FINDINGS RELATED TO LEGACY MORTGAGE SERVICING ACTIVITIES OCCURRING BETWEEN JAN 1, 2009 AND DEC 31, 2012.PHH - AS PER SETTLEMENT, CO TO IMPLEMENT TESTING & REPORTING PROCESS TO COMPLY WITH SERVICING STANDARDS FOR 3 YRS.  Full Article

PHH Corp Q3 loss per share $1.14
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - PHH Corp ::PHH Corporation announces third quarter 2017 results.Q3 loss per share $1.14.PHH Corp - ‍board of directors has provided a new authorization for up to $100 million of share repurchases as next step in capital return plan​.PHH Corp - qtrly ‍net revenues $121 million versus $197 million​.  Full Article

PHH says buyer agreed to buy certain assets and liabilities held by PHH Home Loans and RMR
Thursday, 16 Feb 2017 

Phh Corp :PHH-Buyer agreed to buy certain assets and liabilities held by PHH Home Loans and RMR for a cash purchase price of $70 million to be paid to PHH Home Loans.  Full Article

PHH posts Q4 loss per share $2.49
Thursday, 16 Feb 2017 

PHH Corp : PHH Corporation announces fourth quarter 2016 results . Q4 loss per share $2.49 . Q4 earnings per share view $-0.54 -- Thomson Reuters I/B/E/S . Qtrly net revenues $ 72 million versus $ 123 million .Qtrly core loss per share $1.86.  Full Article

PHH Corporation announces sale of certain assets of PHH Home Loans
Thursday, 16 Feb 2017 

PHH Corp : PHH Corporation announces sale of certain assets of PHH Home Loans . PHH Corp - expects to realize cash proceeds of $92 million before estimated transaction and other costs . PHH Corp - company expects to realize cash proceeds of $92 million before estimated transaction and other costs . PHH Corp - transaction is expected to include a series of interim asset sale closings with initial closing targeted to occur in June 2017 .PHH Corp - guaranteed rate affinity will acquire certain assets of PHH Home Loans' mortgage operations.  Full Article

PHH Corp issues statement in response to D.C. Circuit Court of Appeals opinion
Wednesday, 12 Oct 2016 

Phh Corp :PHH Corp says issues statement regarding opinion issued by D.C. Circuit Court of Appeals.  Full Article

Phh corp estimates Merrill Lynch originations to contribute about $45 mln of pre-tax earnings for FY 2016
Tuesday, 4 Oct 2016 

Phh Corp: Unit got notice from Bank of America, exercising its right to terminate, effective as of march 31, 2017, ‍agreement with unit which ‍provides private label origination services on behalf of Merrill Lynch ​ . ‍Bank of America N.A. has contractual right to request termination, transition assistance services up to 12 months following March 31, 2017 termination date .Estimates Merrill Lynch originations will contribute approximately $45 million of pre-tax earnings for fiscal year 2016.  Full Article

BRIEF-PHH Corp Reports Q1 Loss Per Share $0.92

* ROVIDES UPDATE ON PROPOSED MERGER WITH OCWEN FINANCIAL CORPORATION Source text for Eikon: Further company coverage: