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BRIEF-PHH Corporation announces sale of certain assets of PHH Home Loans
February 15, 2017 / 10:12 PM / 7 months ago

BRIEF-PHH Corporation announces sale of certain assets of PHH Home Loans

Feb 15 (Reuters) - PHH Corp

* PHH Corporation announces sale of certain assets of PHH Home Loans

* PHH Corp - expects to realize cash proceeds of $92 million before estimated transaction and other costs

* PHH Corp - company expects to realize cash proceeds of $92 million before estimated transaction and other costs

* PHH Corp - transaction is expected to include a series of interim asset sale closings with initial closing targeted to occur in June 2017

* PHH Corp - guaranteed rate affinity will acquire certain assets of PHH Home Loans’ mortgage operations Source text for Eikon: Further company coverage:

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