LenderLive Closes Deal to Assume PHH’s Private Label Mortgage Ops
April 10, 2017
LenderLive Network LLC has announced that it has completed the transaction with PHH Mortgage Corporation to assume PHH’s private label fulfillment operations in Jacksonville, Fla.
As announced in February, LenderLive is now processing, underwriting and closing loans on an outsourced basis for PHH fulfillment clients served out of the Jacksonville facility. LenderLive has also hired a majority of the former PHH employees in the related fulfillment areas and is now responsible for the facility, which has been rebranded as LenderLive.
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