Thread regarding PHH Corp. layoffs

Because they are going out of business; all but 2 clients will pull contracts after 3Q earnings call and company will be forced to close.

http://www.bizjournals.com/buffalo/news/2014/06/23/phh-has-not-yet-decided-on-new-amherst-location.html

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| 1501 views | | 6 replies (last June 24, 2014) | Reply
Post ID: @OP+wgr8vre

6 replies (most recent on top)

Enough of this talk. Please drink more of the Kool Aid and

go nutz Friday w/ the FREEEEEEEEE POPCORN!!!!!!!!!!!!!!!

Nothing to see here....move on.

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Post ID: @YUB+wgr8vre

The writing has been on the wall for a period of time. Is there anyone out there that does NOT believe the company is trying to sell itself ??? They have looked at several companies to take over the MSR's ...OCWEN, NATIONSTAR a few others. Just take a look at what PLS is now and what it was 3 short years ago..

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Post ID: @BRE+wgr8vre

The recent hiring of Servicing employees is to clean up that part of the company or a sale.

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Post ID: @qMm+wgr8vre

The recent hiring of Servicing employees is to clean up that part of the company or a sale.

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Post ID: @uIp+wgr8vre

The recent hiring of Servicing employees is to clean up that part of the company or a sale.

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Post ID: @bkS+wgr8vre

Thank god I sold all my shares at $26.50 back in March; the PHH name is now a kiss of death for companies they are servicing. No wonder they will pull contracts; PHH will counter sue for breach of contract, but the lawyers can keep that tied up in court for years while PHH suffers the other companies can still expand and grow.

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Post ID: @JeU+wgr8vre

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