- Reuters•20 hours ago
Ocwen Financial Corp is digging in for a legal battle with the U.S. consumer financial watchdog over allegations its mortgage servicing harmed thousands of borrowers, and has asked the Justice Department to join its fight. Ocwen, one of the United States' largest nonbank mortgage servicers, filed a challenge to the Consumer Financial Protection Bureau in the U.S. District Court in West Palm Beach on Tuesday saying the agency was not legal under the U.S. constitution. The move came after the CFPB brought a lawsuit against Ocwen last week, accusing the company of widespread misconduct in how it serviced borrowers' loans, from foreclosure abuses to a basic failure to send accurate monthly statements.
- American City Business Journals•28 days ago
A South Jersey-based bank is making changes at the top as part of the mortgage originator’s new strategic plan to reduce costs as it expects to become smaller in size and scope. PHH Corp. announced Thursday Chief Financial Officer Robert Crowl will replace CEO Glen Messina effective June 28. Crowl has been appointed chief operating officer and will become president and CEO at the company’s annual meeting in late June.
- TheStreet.com•last month
EJF Capital increased its stake in PHH as the hedge fund attempts to add two directors to its board.
PQZ.F: Summary for PHH CORP. NEW DL-,01 - Yahoo Finance
PHH Corporation (PQZ.F)
Frankfurt - Frankfurt Delayed price. Currency in EUR
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As of 8:02AM CEST. Market open.
|Bid||11.85 x 50000|
|Ask||12.02 x 50000|
|Day's range||11.92 - 11.92|
|52-week range||11.13 - 14.50|
|PE ratio (TTM)||-3.16|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|