Home » Short Takes: PHH Files Layoff Notice with NYS / Jobs Will be Offered to Certain Employees / Altisource Wanted to Buy LPS / Mortgage Network Names New President

Looking to read the full article? Register today!

Short Takes: PHH Files Layoff Notice with NYS / Jobs Will be Offered to Certain Employees / Altisource Wanted to Buy LPS / Mortgage Network Names New President

December 19, 2016

Brandon Ivey and Paul Muolo

PHH had been subservicing the loans for HSBC and the new owner of the MSRs had opted to bring the loans inhouse instead of using PHH…

News IMFnews Inside Mortgage Finance Inside Mortgage Trends Inside the CFPB Originations Servicing Technology Personnel

Latest Imf News

Originations Revenue Slumps at Chase, Wells in 3Q
Agency Servicing Tops $9.0 Trillion in Third Quarter
Blackstone Making Move Into Non-QM Market
DOJ Reaches Redlining Settlement With Credit Union, a First

More Imf News

Featured Data

Correspondents Regain Share Among Government Lenders
Asset Securitization Market Hits 2-Year High in Third Quarter
Agency Business Rises in 3Q24, Ginnie Keeps Gaining
Lender Buybacks Steady in 2Q, Pending Claims Rise

More Featured Data

Featured Reports

Mortgage Profitability Report 2Q24 (PDF)
Mortgage Servicing Rights Report: 2Q24 (PDF)
GSE Repurchase Activity: Cumulative to Second Quarter 2024 (PDF Format)
Lender Profiles 2Q24: Top 25 (PDF)

More Latest Reports

Short Takes: PHH Files Layoff Notice with NYS / Jobs Will be Offered to Certain Employees / Altisource Wanted to Buy LPS / Mortgage Network Names New President

Latest Imf News

Originations Revenue Slumps at Chase, Wells in 3Q

Agency Servicing Tops $9.0 Trillion in Third Quarter

Blackstone Making Move Into Non-QM Market

DOJ Reaches Redlining Settlement With Credit Union, a First

Featured Data

Correspondents Regain Share Among Government Lenders

Asset Securitization Market Hits 2-Year High in Third Quarter

Agency Business Rises in 3Q24, Ginnie Keeps Gaining

Lender Buybacks Steady in 2Q, Pending Claims Rise

Featured Reports

Mortgage Profitability Report 2Q24 (PDF)

Mortgage Servicing Rights Report: 2Q24 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2024 (PDF Format)

Lender Profiles 2Q24: Top 25 (PDF)

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?