Subservicer and portfolio retention provider PHH Mortgage is now a partner in The Mortgage Collaborative, an independent mortgage cooperative.
That means members of the collaborative now have preferred access to services from PHH Mortgage – a benefit of being in the collaborative’s partner network.
In business for more than 30 years, PHH Mortgage is currently one of the largest mortgage subservicers in the industry. The firm is looking for opportunities to further grow its $145 billion subservicing portfolio.
“In the ever-changing industry and regulatory landscape, it is important to add experienced network partners like PHH Mortgage who have a long track record of delivering high quality, compliant solutions to a range of financial institutions and their customers,” says Rich Swerbinsky, chief operating officer for The Mortgage Collaborative, in a release. “With their impressive 94 percent customer satisfaction rating and the ability to manage mortgage portfolios from 1,000 to 100,000+ loans, it is easy to see how lender members of The Mortgage Collaborative will benefit from the addition of PHH Mortgage to our network.”