Announcements
Announcement: Assignment of Trade Update
PHH Mortgage is excited to announce the addition of Cohen/JVB as a new acceptable counterparty for Assignment of Trade (AOT) bulk trades. The Correspondent Seller Guide (Section 4.2.2 Mandatory Commitment) was updated to reflect this counterparty expansion.
Announcement: Thanksgiving Holiday Hours
In observance of the Thanksgiving holiday, PHH Mortgage will be closed on Thursday, November 27th and Friday, November 28th.
Announcement: Update Regarding PHH’s Liberty Reverse Mortgage Business
Today, we’re sharing an update regarding the future of our reverse mortgage originations and servicing businesses (operating under Liberty Reverse Mortgage). PHH Mortgage has entered into agreements with Finance of America Reverse (FAR) to sell certain reverse mortgage originations assets and our reverse mortgage servicing portfolio.
Announcement: Veterans Day Holiday
PHH Mortgage will be open for business on Tuesday, November 11th, 2025. However, due to the federal holiday (Veterans Day), PHH will not be funding loans nor accepting any live bulk bids.
Announcement: Seller Guide Update
PHH Mortgage revised the Non-Agency Addendum (Appendix A) to the Correspondent Seller Guide.
Announcement: Seller Guide Updates & New Non-Agency Addendum
PHH Mortgage has made several modifications to the Seller Guide. In addition to this list of revised topics, all content specific to Non-Agency lending was replaced with references to the new Non-Agency Addendum.