For more than 30 years, PHH Mortgage has been an industry leader in delivering mortgage servicing and lending solutions to financial institutions to handle their outsourced mortgage needs. PHH is currently one of the largest mortgage subservicers in the industry and is welcoming opportunities to further grow its $145 billion subservicing portfolio.
“In the ever-changing industry and regulatory landscape, it is important to add experienced network partners like PHH Mortgage who have a long track record of delivering high quality, compliant solutions to a range of financial institutions and their customers,” said Rich Swerbinsky, Chief Operating Officer for The Mortgage Collaborative. “With their impressive 94 percent customer satisfaction rating and the ability to manage mortgage portfolios from 1,000 to 100,000-plus loans, it is easy to see how lender members of The Mortgage Collaborative will benefit from the addition of PHH Mortgage to our network.”
Steve Staid, Senior Vice President of Servicing for PHH Mortgage, said, “We are genuinely excited to be part of The Mortgage Collaborative network and look forward to building long-term relationships with its lender members. For lender members looking for a subservicing provider who is a natural extension of its team, PHH is the right partner for your organization. Our servicing operation is based on a risk and compliance structure built to bank-like standards, and a team of mortgage professionals dedicated to flawless execution and delivering exceptional customer service.”