PHH Mortgage is a leading non-bank mortgage servicer and subservicer and a subsidiary of Ocwen Financial Corporation (NYSE: OCN). At the end of the second quarter of 2022, PHH serviced more than 1.4 million loans with a total servicing UPB of $288 billion, including $164 billion in subserviced UPB. Over the past 12 months, the company added more than $79 billion in new subservicing assignments. It has also been recognized for service excellence through Freddie Mac’s Gold Servicer Honors and Rewards Program (SHARP) SM in the top tier servicing group, Fannie Mae’s Servicer Total Achievement and Rewards (STAR)TM program and achieved HUD’s Tier 1 servicer ranking.