I dont feel sorry for these people they are not professional and give misleading information to customers causing havaic with customers accounts. They intentionally cause late payments by rejecting payments if customers pay with bill pay and not with... — read more
How it went down..
This is how it went down - a meeting planner was sent to those on the hit list, perhaps 100 or more at a time. All day long, there were parades of workers marching to a conference room with their dignity in tact then marching back to their desks with... — read more
What happens after we merge PHH with Ocwen?
What will happen once the companies are merged into a single one? Are they going to try to consolidate operations? Back office? Who will be more affected, PHH or Ocwen?
September takeover postponed
Heard a rumor that the Ocwen takeover is not going to happen in September. Postponed until 1st quarter of 2019
Now what? I love how they are telling us that nothing will change, no layoffs, this is a partnership not an acquisition .... does anyone know or have any ideas what the actual plan is? Business as usual, right? Cmon, we're not that stupid.
Does anyone know the when the date of the Ocwen deal is scheduled to close??
Is PHH Mortgage closing and going bankrupt?
The mood is aweful. The whole industry is hurting. What are your thoughts on closing and bankruptcy, is that something that we here at PHH can realistically expect in 2018?
Favoritism runs rampant at PHH
if anybody is wondering why the company is in such bad shape, just look at the way management handles promotions. the level of favoritism and nepotism is ridiculously obvious. people who have been with the company for years have been passed over for... — read more
What is coming now??
Anyone know what's the word on the upcoming town hall meeting?
I am not surprised
I am in customer service, and I have seen so many mistakes and departments/people not willing to take responsibility for those mistakes that I am not surprised by any of this.
No consistent vision
Does anybody actually know what our plans for the future are? Where PHH wants to be and how to get there? No? We've seen so many changes in senior management and so many shifts in priorities that it's no wonder the company is flailing. We need... — read more
Not surprised by layoffs
Not really surprised at the latest layoffs at PHH. The company has had so many of those in the past several years that they hardly come as a shock anymore. That doesn't make them any less upsetting or stress inducing, however. I'm not sure morale can... — read more
700 @ HQ
I know this is redundant, but there is at least 20 aricles posted all over the web about the cuts. It'll get bloody. I left in 2014 but my wife still works for PHH. She's very happy and likes the team, manager and the type of work - so I am keeping... — read more
Massive layoffs incoming
PHH is planing to lay off 2,250 employees in the next twelve months... This is massive, more than half of people will lose their jobs... Notifications have already started going out... — read more
So now that Glen is gone
After he came in and ripped the company apart piece by piece, selling off the stuff that made PHH profitable and no PHH 2.0 is here (oh boy!) what's everyone thinking?
I can't speak for all of the company but for me, a processor for UBS, things are changing fast.
Many have left on their own and many, including myself, are looking. Things are uglier than ever on the floor yet upper management is clueless. Since the termination of a certain supervisor, people here are on edge. Yet the pressure just continues to... — read more
PHH will be history
.... PHH Corporation NYSE: PHH - May 10, 4:03 PM EDT 13.60
End Dates Accelerated?
Does anyone know if Mt. Laurel employees, who have been provided with proposed end dates, will have their end dates accelerated as a result of the recently announced strategic plans?
Former CEO Glenn Messina Spotted
A reliable source has told me Former CEO Glenn Messina was at Spotted FC Kerbeck Bentley Palmyra looking over a possible new purchase? What about the rest of us? What do we get?
Little Surprised No Activity
Maybe the election distracted everyone, and perhaps thats why the announcement came just hours before the craziness started. Without getting nasty (we all know how people can be on this site), would anyone care to discuss the recent news of PHH... — read more
HSBC out of PHH rumors
Any truth in this?
Townhall Questions You REALLY WANT TO ASK
Post them here
An Email From Meg
To: All Hewlett Packard Enterprise Employees You probably saw the news earlier today, Dell announced that they would acquire EMC for $67 billion. I wanted to take a quick moment to tell you why I (and you should too) believe this is a good thing for... — read more
Round that to $16 bucks per share
Anyone got proof of the retention bonuses?
We were told they weren't given out, but they were.
More Layoffs to come
I have heard that yet another layer of management will be cut at the end of March. has anyone else heard anything similar?