Thread regarding PHH Corp. layoffs

How it went down..

This is how it went down - a meeting planner was sent to those on the hit list, perhaps 100 or more at a time. All day long, there were parades of workers marching to a conference room with their dignity in tact then marching back to their desks with a gift of a "free" tote bag to pack their belongings. The person that said that things went down hill when Terry Edwards left was spot on. And the VP, Brian Teague who sent out the "hit list" of processors, including names of those on probation, sent to ALL processors in error is still with the company. Had anyone else made an error of that caliber, they would have been terminated on the spot. If my name was on the list in the color code that met that I was on probation, I would have definately sued the company for this. There have been a number of illegal acts commited by this company. Back in about 2005 or so, the company sent processors a list of loans to be "auto approved". In looking at the list, it was loans of all people who checked off on the application that they were black. I believe that this was to avoid having government auditors come in to see why so many people black persons loans were declined. The company is already in trouble with the NJ Attorney General. Upper management is clueless as to what really goes on in LPC (Loan Processing Center). I have been with the company since 1998, it was a great place to work. Things started slipping when the new management took over. These people constantly change things that are not broken. I feel terribly sorry for the processors that have to again take over loans of the processors that were let go and did not do their job. Most of the folks that were let go were good processors/counselors. The loans were left a mess as the company would just pile on more work. Sadly, at the end of the day, everyone loses. The clients, the customers and all of the remaining staff who are left to put the pieces back together again. PHH, really, I thought we are supposed to treat one another like family. If I had to fire my brother or sister, I would have found a way to do it to allow them to leave with their dignity in tact. Shame on you PHH, I do not know how the people who make these decisions sleep at night. And Brian Teague, you should resign now. I've heard that folks are organizing a class action law suit against you and the company. I'd love to see you in the unemployment line. Finally, I have thought for years that all of us should gather and file a class action law suit. Going back to the days of being told there was no overtime allowed while the work load was much too great to do everything required in a 7.5 hour day. The company was fined for having people work and not get paid for their hours which is violation of the law. I am also looking forward to hearing the load of shit that the President will feed us at the Town Hall meetings this week. I am also up for a walk out, who else is in?

and people, leave Heather alone. She is a great gal and does not deserve the abuse she is getting here. I think you are all just jealous of her as she is young, beautiful and very intelligent.

One more word - KARMA!

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| 2171 views | | 11 replies (last November 28, 2018) | Reply
Post ID: @OP+uRQDjl3

11 replies (most recent on top)

5 years ago... hmm and things are not changing...

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Post ID: @rvmjp+uRQDjl3

Disgruntled, It is true...

I am just reading this blog and shocked at what the poster said about the processors being told to auto approve applications for black applicants, really? PLEASE, say this isn't so.

Does anyone else know anything about this?

9 months ago by DISGRUNTLED EMPLOYEE (Yes, I am black) | Post ID: @uRQDjl3-e0nst

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Post ID: @invey+uRQDjl3

I am just reading this blog and shocked at what the poster said about the processors being told to auto approve applications for black applicants, really? PLEASE, say this isn't so.

Does anyone else know anything about this?

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Post ID: @e0nst+uRQDjl3

oh yeah.... and when i was let go, i was, as you said, called into a conference room with another employee and we were told together with our director and the HR Manager then went to pack up my things.Then we were escorted out by the supervisor. How humiliating is that? They made me feel like a criminal.

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Post ID: @hcmP+uRQDjl3

i was with PHH for 4 years. when i started, i loved my job and the people i worked with. slowly, i started seeing my director's true colors. she has been with the company over 20 years and thinks everyone loves her when, in fact, they themselves put on a show because they know one wrong word and she'll have you thrown out like yesterday's trash. the degree of professionalism in this company is little to none. i would sit in my cubicle and hear her and her whiny, lazy assistant whispering about other employees. seriously? and then she had temps let go because they were bad mouthing somebody. i was one of the ones that was laid off with the masses in October. As i said i had been there for 4 years, was in charge of auditing others work and had, for the most part, higher weekly audit review scores than the rest of the team so....what was there reasoning for letting me go? i didn't fall into their "click" and i didn't kiss butt to get my position. they kept people that had very low performance scores but they felt sorry for them because of their personal situations.

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Post ID: @hQXq+uRQDjl3

Jealous of Heather bahahahaha have you looked at her lately?? Nothing beautiful about her & her attitude Sucks!!! You must be hitting that too haha

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Post ID: @bs1f+uRQDjl3

KS is hot too

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Post ID: @4o93+uRQDjl3

Agreed with the above post. Pull out the halo for the sweet angel that hasn't caused any harm personally or professionally. Karma will get them all including the other princess running pls.

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Post ID: @4nVO+uRQDjl3

Oh ok sorry

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Post ID: @4moP+uRQDjl3

Heatherz Hot

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Post ID: @3WHM+uRQDjl3

Ok you had me until the Heather part..young & beautiful that's funny! She should remember Karma & I've been with the company since 95 so I've seen it all. It's cool your sticking up for her & I have not issues but that last part messed your entire post up!!

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Post ID: @32m2+uRQDjl3

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