PHH Mortgage Corp., based in Mount Laurel, N.J., has purchased a license under the patent portfolio held by Ronald A. Katz Technology Licensing LP and licensed through its affiliate, A2D LP.
The nonexclusive license covers services offered by PHH Mortgage in the Financial Services Call Processing Field of Use, including customer service delivered through automated systems and live agents. Other terms of the license were not disclosed.
‘We welcome PHH Mortgage Corporation to the diverse group of leading companies, including FirstMerit Corporation and First Hawaiian Bank, who have purchased license rights under this portfolio,’ says Ronald A. Katz.
Source: Ronald A. Katz Technology Licensing LP
