PHH Liable for $2M for Denying Loan Modification in Divorce Case

National Mortgage News, Oct. 21, 2022–Brad Finkelstein (subscription)
PHH Mortgage Services is liable for $1.86 million following an arbitrator’s ruling finding that it denied a consumer loss mitigation and failed to follow Freddie Mac’s guidelines assisting homeowners going through a divorce.
https://www.nationalmortgagenews.com/news/phh-liable-for-2m-for-denying-loan-modification-in-divorce-case