PHH Mortgage Corporation: Difference between revisions
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m Added chart to show aliases they are doing business under in order to prove connection to Mortgage Service Center |
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PHH Mortgage Corporation is a subsidiary of Onity Group, Inc., a privately held mortgage servicer and lender based in Florida. As of June 10, 2024, Onity Mortgage has been established as a dba (doing business as) of PHH Mortgage.<ref>https://business.phhmortgage.com/BusinessPHH/media/BusinessPHH/Pdf/PHH_Onity-FAQs.pdf</ref> | PHH Mortgage Corporation is a subsidiary of Onity Group, Inc., a privately held mortgage servicer and lender based in Florida. As of June 10, 2024, Onity Mortgage has been established as a dba (doing business as) of PHH Mortgage.<ref>https://business.phhmortgage.com/BusinessPHH/media/BusinessPHH/Pdf/PHH_Onity-FAQs.pdf</ref> | ||
[[File:OnityGroupCompanyTree PHHMortgageCorporation V1.png|alt=Tree describing company relationships under the Onity Group, highlighting PHH Mortgage Corporation in light blue|thumb|549x549px|PHH Mortgage Corporation structure according to SEC filings<ref>{{Cite web |date=27 Nov 2024 |title=ONITY GROUP INC. 8-K |url=https://www.sec.gov/Archives/edgar/data/873860/000149315224048499/ex10-2.htm |access-date=7 Mar 2024 |website=Securities and Exchange Commission}}</ref>]] | |||
==Consumer impact summary== | ==Consumer impact summary== | ||
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*Lacking a structured process for document preparation, execution, and notarization in foreclosure cases. | *Lacking a structured process for document preparation, execution, and notarization in foreclosure cases. | ||
=== Mortgage Service Center === | ===Mortgage Service Center=== | ||
[[File:OnityGroupCompanyTree MortgageServiceCenter V1.png|alt=Onity Group Company Tree with Mortgage Service Center highlighted in light blue, to show relationship to the parent companies|none|thumb|646x646px|'''Onity Group Company Tree''']] | [[File:OnityGroupCompanyTree MortgageServiceCenter V1.png|alt=Onity Group Company Tree with Mortgage Service Center highlighted in light blue, to show relationship to the parent companies|none|thumb|646x646px|'''Onity Group Company Tree''']] | ||
Mortgage Service Center is a registered DBA of PHH Mortgage Corporation<ref>https://mblsportal.sos.state.mn.us/Business/SearchDetails?filingGuid=b9c14d71-c21d-ea11-918b-00155d01b4fc</ref><ref>https://extranet.dfi.in.gov/ConsumerCredit/EntityDetails/2881</ref><ref>https://licensing.coag.gov/s/license-report/a1mcs000001xAl2AAE/sup4000219005</ref>, and engages in direct marketing by utilizing publicly available county records, including property details such as closing dates, loan amounts, lender names, mortgagor names, and addresses, to contact new homeowners with mortgage-related offers. | Mortgage Service Center is a registered DBA of PHH Mortgage Corporation<ref>https://mblsportal.sos.state.mn.us/Business/SearchDetails?filingGuid=b9c14d71-c21d-ea11-918b-00155d01b4fc</ref><ref>https://extranet.dfi.in.gov/ConsumerCredit/EntityDetails/2881</ref><ref>https://licensing.coag.gov/s/license-report/a1mcs000001xAl2AAE/sup4000219005</ref>, and engages in direct marketing by utilizing publicly available county records, including property details such as closing dates, loan amounts, lender names, mortgagor names, and addresses, to contact new homeowners with mortgage-related offers. | ||