please do not use real names on this board as they will shut us down for slender - we do not have an alternative discussion space and this board seems to be getting fairly good traction

Just saying.

I don't feel bad about what people are saying on this site because they need a forum to be able to safely speak their minds. It's truly oppressive to work in that environment. And you can tell us this job is better than no job at all or that PHH pays... — read more 

You have more power than you think..... “By changing nothing, nothing changes.” -Tony Robbins

Tape phone calls? Hope management does the right thing.

PHH cannot instruct their employees to withhold their free speech. Funny, it appears they are heading into some legal problems for sure.

PHH clearly doesn't want any employees posting on this site based on the memo. I hope the senior management are enjoying reading about their leadership team and opinions of active and former employees. They need to look at this! Looking forward to... — read more 

been to happy hours since this recent layoff and it seems phh has left the inexperienced processors(you know the classes they had where people came from nursing, teaching, debt collectors) to deal with all the reassigns and left over scraps. Goes to... — read more 

14 processors are left standing in buffalo office. The rumor is that we are the clean up crew and will be let go in a matter of months. Will HSBC end their contract with HSBC or will PHH close shop first? Anyone know if this is the end of this... — read more 

http://www1.salary.com/Glen-A-Messina-Salary-Bonus-Stock-Options-for-PHH-CORP.html http://executives.findthecompany.com/l/64333/Mr-Glen-A-Messina I'm sure the 8 million plus he makes is a small consolation for how hard the layoff was for him....

I worked for PHH for 10 years and back in the day the senior management treated most fairly. It is unfortunate to see incompetent, unprofessional and ill-mannered supervisors and managers treat others badly. Senior management was too busy to notice... — read more 

Anyone go?

Any word on what was said during the town hall given by glen and Dave? I'm sure things over people's head and wanting people to make service and quality.

The 10 year treasury made an historic move from lows in May to where we are, all this mud slinging could be sour grapes?!

Jax is just as bad with the leadership left. The director of underwriting and loan processing Lori Johnson and Maria pedretti. Both women who are unpredictable With their moods, poor communicators and fail to give solid and will retaliate against you... — read more 

Please post attorney info on the page and we can contact. I would say even those terminated can get involved. @Anonymous5035 I too have a full notebook on what they have violated.

I have an appt with my attorney to review the severance contract next week, I'll check into it. Anyone else with access to an attorney, please use your resources and let's see what we can do.

I think it's worth exploring. If we get an attorney, we just list the attorney contact info. Whoever signed off for severance will not be eligible as they would hav signed their rights away to receive it. Unless there is a way around it. Let's find... — read more 

We need to organize. Phh monitors this site so we would need to get eveyone together in person.

We need to talk to an attorney

I have often thought of the many reasons that we should get together and organize a class action law suit against PHH. But how does one get the ball rolling? I could share so many examples of illegal and unethical actions of the company but would not... — read more 

I heard Morgan Stanley going to chicago, Merrill lynch is being moved back to Jacksonville, watch out nj sups and LPs that means your next. UBS has nobody left. Is Sullivan going to run business with her current flame or with her former flames? All... — read more 

The people remaining should call every news station and organize a walk out. It's a shame people cannot organize because stock would surely go down if PHH was exposed. Judging by the fines they are already paying, they are criminals. Organize people... — read more 

I know for a fact the processors in Chicago make a completely different commission. They get paid thousands of dollars in commission for closing 10 loans. No one in Chicago got touched as far as we heard. They cut our comp but Chicago employees were... — read more 

I made it past the most recent layoffs but I am actively looking for a new company to work for. Unfortuantly, mortgage companies need to do layoffs when market conditions change. What scares me about PHH is that management who decided who was going... — read more 

Servicing Leadership team - those who grew up in the ranks - meaning got their position because of longevity and knowing all the band aids they put in place have been promoted to top positions - most steal time off and are not in the office most of... — read more 

Never knew we had this page, just saw it, with PHH for about 4 years, what they did is terrible but I am happy to see that we have a solid forum for exchanging information

People like Whitacre, The Tuckers are basically carpet baggers. They go from company to company and their job is to basically maximize profits at all costs. Once they do the company's dirty work they move on to their next kill. Don't forget these... — read more 

Morgan stanley is moving the mortgage opperation to chicago

Is it possible for an investigation to be done on how many tenured people where let go in the last 6 months either laid off or terminated? Who would we contact? The number of terminations increased with minimal investigations ( save company money... — read more 

135 in Buffalo http://www.bizjournals.com/buffalo/news/2014/02/21/phh-mortgage-to-lay-off-135-workers-in.html

The females who obtained their titles questionably remain in their position. Sullivan has moved her way through the leadership to VP when 2 years ago she was giving soft skills training. Director in sales (minn)who has very little expierence in... — read more 

They let go all the qualified and productive management team. The suck ups and ass kissers were spared. This company is being run to the ground by David Tucker and Morgan Whitacre. They have little idea how to the run the company. They set... — read more 

http://www.doleta.gov/programs/factsht/warn.htm

Hearing Derrick Lowe and Jim Clement and others were demoted. Rumors Morgan Stanley moving to Chicago office. Can anyone confirm the structure of leadership? Morgan Stanley had no idea about the layoffs and hopefully they finally have a full... — read more 

The company is a sinking ship. They got rid of quality managers and directors that have been here 10+ years. It's chaos already. This is going to be a disaster. Our new director is retarded. The stock is up though!

I hear servicing is next, some of their people are worried, they are failing their SLAs due to lack of staff and extremely high call volumes, shame because I've dealt with some very sharp reps who want to transition into a better position and now... — read more