PHH Corporation Comments on Settlement with U.S. Department of Justice

MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Aug. 8, 2017-- PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today issued the following statement in conjunction with the settlement agreements it has entered into with the U.S. Department of Justice ("DOJ") on behalf of the Department of Housing and Urban Development and separately with the DOJ on behalf of the U.S. Department of Veteran Affairs ("VA") and the Federal Housing Finance Agency to resolve certain previously disclosed matters regarding legacy mortgage origination and underwriting activities. The settlement agreements cover certain......(read more)

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