(:PHH)
Business Focus: N/A
Oct 01, 2018 06:45 am ET
PHH Corporation Announces Closing Date for Proposed Merger with Ocwen Financial Corporation
PHH Corporation (NYSE:PHH) ("PHH" or the "Company") announced today that
it intends to close its proposed merger with Ocwen Financial Corporation
(NYSE:OCN) (“Ocwen”) prior to the market open on Thursday, October 4,
2018.
Sep 28, 2018 07:02 am ET
PHH Corporation Provides Update on Proposed Merger with Ocwen Financial Corporation
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today an
update on its proposed merger with Ocwen Financial Corporation (NYSE:
OCN) (“Ocwen”).
Sep 28, 2018 06:05 am ET
Ocwen Financial Provides Update on Acquisition of PHH Corporation
Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, provides the following update on its pending acquisition of PHH Corporation (NYSE: PHH) (“PHH”). As previously disclosed, Ocwen and...
Aug 13, 2018 08:20 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within MRC Global, PHH, Jones Energy, Sempra Energy, Party City Holdco, and Cardtronics — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MRC Global Inc. (NYSE:MRC), PHH Corp (NYSE:PHH), Jones Energy, Inc....
Aug 03, 2018 04:15 pm ET
PHH Corporation Announces Second Quarter 2018 Results
PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) today announced
financial results for the quarter ended June 30, 2018 and provided an
update on the proposed merger with Ocwen Financial Corporation. For the
quarter ended June 30, 2018, the Company reported Net loss attributable
to PHH Corporation of $35 million or $1.07 per basic share. Net loss
from continuing operations was $37 million or $1.11 per basic share.
Jul 27, 2018 04:15 pm ET
PHH Corporation Announces Second Quarter 2018 Earnings Release Date
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
plans to release its second quarter 2018 results on Friday, August 3,
2018, after the market closes.
Jul 24, 2018 04:15 pm ET
PHH Corporation Announces Application to Cease to be a Reporting Issuer Effective On or After the Closing of its Merger with Ocwen Financial Corporation
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
that in connection with the previously-announced acquisition by Ocwen
Financial Corporation (NYSE: OCN) (“Ocwen”) of all of the Company’s
outstanding shares of common stock and subsequent merger of the Company
with a wholly-owned subsidiary of Ocwen (the “Merger”), which was
approved at a special meeting of stockholders of the Company on June 11,
2018, PHH has applied to the Ontario Securities Commission (the “OSC”),
as its principal Canadian regulator, for a decision deeming i
Jun 07, 2018 04:38 pm ET
PHH Corporation Comments on BCFP Decision to Dismiss the Notice of Charges Against the Company
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today issued the
following statement regarding the Order filed on June 7, 2018 by the
Acting Director of the Bureau of Consumer Financial Protection (“BCFP”
or the “Bureau”). According to the Acting Director’s Order, the Bureau
has decided to dismiss the administrative proceeding against the Company
regarding its former mortgage reinsurance activities. On January 31,
2018, the en banc court for the U.S. Court of Appeals for the D.C.
Circuit reinstated the October 11, 2016 panel decision relate
May 14, 2018 07:30 am ET
Recent Analysis Shows PHH, Stanley Black & Decker, Invacare, Ophthotech, Party City Holdco, and Hyatt Hotels Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PHH Corp (NYSE:PHH), Stanley Black Decker, Inc. (NYSE:SWK), Invacare...
May 10, 2018 08:00 pm ET
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against PHH Corporation (PHH)
Gainey McKenna Egleston announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey against PHH Corporation (“PHH” or the “Company”) (NYSE:PHH) for violations of the Securities Exchange...
May 08, 2018 04:15 pm ET
PHH Corporation Announces First Quarter 2018 Results
PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) today announced
financial results for the quarter ended March 31, 2018 and provided an
update on the proposed merger with Ocwen Financial Corporation. For the
quarter ended March 31, 2018, the Company reported Net loss attributable
to PHH Corporation of $30 million or $0.92 per basic share. Net loss
from continuing operations was $26 million or $0.80 per basic share.
Apr 24, 2018 04:15 pm ET
PHH Corporation Announces First Quarter 2018 Earnings Release Date
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
plans to release its first quarter 2018 results on Tuesday, May 8, 2018,
after the market closes.
Apr 19, 2018 06:30 am ET
Ocwen Financial Corporation Names Glen Messina President and Chief Executive Officer
Glen Messina will assume leadership role concurrent with the closing of Ocwen’s acquisition of PHH Corporation
Apr 17, 2018 03:45 pm ET
The Law Offices of Vincent Wong Reminds Investors of an Investigation into PHH Corporation in Connection with the Sale of the Company to Ocwen Financial Corporation
The Law Offices of Vincent Wong are investigating the Board of Directors
of PHH Corporation (“PHH” or the “Company”) (NYSE: PHH) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Ocwen Financial Corporation
(NYSE: OCN). Under the terms of the deal, PHH stockholders will receive
$11 in cash for each share of PHH they own.
Apr 17, 2018 06:52 am ET
SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of PHH Corporation - PHH
NEW YORK, April 16, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating PHH Corporation ("PHH Corp" or the "Company") (NYSE: PHH) relating to the sale of the Company to affiliates of Ocwen Financial Corporation. As a result of the merger, PHH Corp shareholders are only anticipated to receive $11.00 in cash in exchange for each share of PHH Corp.
Apr 09, 2018 04:15 pm ET
PHH Corporation Receives Top Servicing Performance Rating from Fannie Mae
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
that it was named a Fannie Mae Servicer Total Achievement and Rewards™
(STAR™) Performer for 2017. The STAR Program recognition is reserved for
top performing servicers within one or more of three STAR Performer
categories: General Servicing, Solution Delivery, and Timeline
Management. For the 2017 STAR Program year, PHH Corporation received a
STAR Performer recognition for the General Servicing and Timeline
Management categories.
Mar 20, 2018 02:52 pm ET
Mar 19, 2018 10:41 am ET
PHH CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PHH Corporation
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the
law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the
proposed sale of PHH Corporation (“PHH” or the “Company”) (NYSE: PHH) to
Ocwen Financial Corporation (NYSE: OCN). Under the terms of the proposed
transaction, shareholders of PHH will receive only $11.00 in cash for
each share of PHH that they own. KSF is seeking to determine whether
this consideration and the process that led to it are adequate, or
whether the consideration undervalues the Company.
Mar 09, 2018 04:56 pm ET
The Law Offices of Vincent Wong Notifies Investors of an Investigation Into PHH Corporation in Connection with the Sale of the Company to Ocwen Financial Corporation
The Law Offices of Vincent Wong are investigating the Board of Directors
of PHH Corporation (“PHH” or the “Company”) (NYSE: PHH) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Ocwen Financial Corporation
(NYSE: OCN). Under the terms of the deal, PHH stockholders will receive
$11 in cash for each share of PHH they own.
Mar 05, 2018 04:11 pm ET
PHH CORPORATION INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PHH Corporation
NEW ORLEANS, March 5, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of PHH Corporation ("PHH" or the "Company") (NYSE: PHH) to Ocwen Financial Corporation (NYSE: OCN). Under the terms of the proposed transaction, shareholders of PHH will receive only $11.00 in cash for each share of PHH that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Mar 05, 2018 01:59 pm ET
WeissLaw LLP Investigates PHH Corporation Acquisition
NEW YORK, March 5, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of PHH Corporation ("PHH" or the "Company") (NYSE: PHH) in connection with the proposed acquisition of the Company by Ocwen Financial Corporation ("OCN"). Under the terms of the acquisition agreement, the Company's shareholders will receive $11.00 in cash for each PHH share they own.
Feb 28, 2018 04:10 pm ET
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of PHH Corporation (PHH) on Behalf of Stockholders and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims on behalf
of PHH Corporation (NYSE:PHH) stockholders concerning the proposed
acquisition of the company by Ocwen Financial Corporation (NYSE:OCN).
Feb 28, 2018 02:37 pm ET
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of PHH Corporation to Ocwen Financial Corporation is Fair to Shareholders – PHH
The following statement is being issued by Levi & Korsinsky, LLP:
Feb 28, 2018 10:46 am ET
PHH CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Rigrodsky & Long, P.A.:
Feb 28, 2018 10:18 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of PHH Corporation to Ocwen Financial Corporation is Fair to Shareholders – PHH
The following statement is being issued by Levi & Korsinsky, LLP:
Feb 28, 2018 10:12 am ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of PHH Corporation
NEW YORK, Feb. 28, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against PHH Corporation (NYSE: PHH) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ocwen Financial Corporation. Stockholders will receive $11.00 for each share of PHH Corporation stock that they hold. The transaction is valued at approximately $360 million and is expected to close in the second half of 2018.
Feb 28, 2018 08:20 am ET
PHH Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 28, 2018 / PHH Corporation (NYSE: PHH) will be discussing their earnings results in their Q4 Earnings Call to be held on February 28, 2018 at 10:00 AM Eastern Time.
Feb 28, 2018 08:11 am ET
PHH Buyout Alert - National Securities Law Firm Seeks Higher Price for PHH Corporation Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Informa
NEW YORK, Feb. 28, 2018 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of PHH Corporation (NYSE: PHH) ("PHH" or the "Company") on behalf of its shareholders. PHH announced that it has entered into a definitive agreement to be acquired by Ocwen Financial Corp. in a cash deal valued at approximately $360 million. Ocwen will acquire PHH for only $11 in cash per share.
Feb 27, 2018 07:57 pm ET
PHH Alert: Johnson Fistel Investigates Proposed Sale of PHH Corporation; Is $11.00 a Fair Price for Shareholders?
SAN DIEGO, Feb. 27, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of PHH Corporation ("PHH") (NYSE: PHH) breached their fiduciary duties in connection with the proposed sale of the Company to Ocwen Financial Corporation ("Ocwen") (NYSE: OCN). PHH provides outsourced mortgage banking services to financial institutions and real estate brokers in the United States.
Feb 27, 2018 04:48 pm ET
PHH Corporation Announces Fourth Quarter 2017 Results
PHH Corporation (NYSE: PHH):
Feb 27, 2018 04:35 pm ET
Ocwen Financial Corporation Enters Into Definitive Agreement to Acquire PHH Corporation for $360 Million
WEST PALM BEACH, Fla., Feb. 27, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding...
Feb 27, 2018 04:35 pm ET
PHH Corporation Enters Into Definitive Agreement to be Acquired by Ocwen Financial Corporation in an All Cash Transaction
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced
that it has entered into a definitive agreement in which Ocwen Financial
Corporation (NYSE: OCN) (“Ocwen”) will acquire all of the Company’s
outstanding shares of common stock in an all cash transaction valued at
$360 million, or $11.00 per fully-diluted share, representing a premium
of 24% over the closing price of PHH’s common stock of $8.84 on February
26, 2018. As part of the transaction, Ocwen will assume $119 million of
PHH’s outstanding unsecured debt.
Feb 09, 2018 08:10 am ET
New Research Coverage Highlights Universal Display, Apptio, DTE Energy, Eldorado Resorts, PHH, and MRC Global — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Feb. 09, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Universal Display Corporation (NASDAQ:OLED), Apptio Inc....
Feb 06, 2018 04:15 pm ET
PHH Corporation Announces Fourth Quarter 2017 Earnings Release and Conference Call Schedule
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
plans to release its fourth quarter 2017 results on Tuesday, February
27, 2018, after the market closes.
Jan 31, 2018 02:51 pm ET
PHH Corporation Comments on Decision Issued by D.C. Circuit Court of Appeals
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today issued the
following statement in response to the decision issued on January 31,
2018 by the U.S. Court of Appeals for the D.C. Circuit. The en banc
court reinstated the October 11, 2016 panel decision related to the
RESPA issues, which included vacating the Consumer Financial Protection
Bureau’s order imposing $109 million in disgorgement penalties, and
remanded the matter for further proceedings based on the legal guidance
of the Court.
Jan 03, 2018 11:12 am ET
PHH Corporation Comments on Settlement with Multi-State Mortgage Committee and State Attorneys General
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today issued the
following statement in conjunction with the settlement agreement and
consent orders its wholly owned subsidiary, PHH Mortgage Corporation,
has entered into with the Multi-State Mortgage Committee (“MMC”) and
State Attorneys General. The settlement resolves and closes out findings
related to legacy mortgage servicing activities occurring between
January 1, 2009 and December 31, 2012 that were subject to a multi-state
mortgage loan servicing examination.
Dec 18, 2017 04:15 pm ET
PHH Corporation Completes Sale of Certain Assets of PHH Home Loans Joint Venture
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced
that it has completed the previously announced sale of certain assets of
PHH Home Loans, LLC (“PHH Home Loans”) to Guaranteed Rate Affinity, LLC
(“GRA”), a new joint venture established by Guaranteed Rate, Inc.
(“Guaranteed Rate”) and Realogy Holdings Corp. (“Realogy”).
Nov 21, 2017 07:30 am ET
Recent Analysis Shows Universal Display, Adamis Pharmaceuticals, Calumet Specialty Products Partners, Eldorado Resorts, PHH, and MRC Global Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, Nov. 21, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Universal Display Corporation (NASDAQ:OLED), Adamis Pharmaceuticals...
Nov 20, 2017 09:00 am ET
Albert Celini Joins PHH Corporation as Senior Vice President, Risk and Compliance
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced
that Albert Celini has joined the Company as Senior Vice President, Risk
and Compliance. Celini will succeed Leith Kaplan and assume the role of
Chief Risk and Compliance Officer of PHH Corporation, effective January
1, 2018. Kaplan, who has served as the Company’s Chief Risk and
Compliance Officer since 2014, will continue to serve in this role
through December 31, 2017. Celini will report to President and CEO
Robert Crowl.
Nov 07, 2017 04:15 pm ET
PHH Corporation Announces Third Quarter 2017 Results
PHH Corporation (NYSE: PHH) (“PHH” or the “Company”) today announced
financial results for the quarter ended September 30, 2017. For the
quarter ended September 30, 2017, the Company reported Net loss
attributable to PHH Corporation of $55 million or $1.14 per basic
share. Net loss attributable to PHH Corporation for the quarter ended
September 30, 2016 was $27 million or $0.50 per basic share.
Oct 30, 2017 04:15 pm ET
Madeline Flanagan Named Senior Vice President and General Counsel of PHH Corporation
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced
that Madeline Flanagan will succeed William Brown as Senior Vice
President and General Counsel of PHH Corporation, effective January 1,
2018. Flanagan has served as Senior Vice President and General Counsel
of PHH Mortgage, the Company’s mortgage subsidiary, since 2012.
Oct 24, 2017 04:15 pm ET
PHH Corporation Announces Third Quarter 2017 Earnings Release and Conference Call Schedule
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today
plans to release its third quarter 2017 results on Tuesday, November 7,
2017, after the market closes.
Dec 05, 2016 06:11 pm ET
The Hanover Insurance Group, Inc. Elects Jane D. Carlin to Board of Directors
WORCESTER, Mass., Dec. 5, 2016 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Jane D. Carlin has been elected to the company's board of directors. Carlin is an accomplished senior executive with extensive experience in information and cyber security, risk management, compliance and business governance with leading financial services companies.
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