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PHH Corp

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  • NEW YORK, July 1- HSBC Holdings Plc agreed to pay $10 million to settle U.S. government charges that it defrauded taxpayers by submitting inflated bills to process residential foreclosures.

  • Deals of the day- Mergers and acquisitions Tuesday, 3 Jun 2014 | 4:03 PM ET

    **Pilgrim's Pride Corp, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages. **Germany's Siemens said on Tuesday it called off the sale of its baggage handling and postal automation business.

  • NEW YORK, June 3- U.S. stocks edged lower on Tuesday, with the Dow and the S&P 500 receding from Monday's record closing levels as traders found few reasons to buy following a string of gains, though a rise in semiconductor companies' shares limited losses. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stocks edged lower in early trading on Tuesday, receding from record levels as traders found few reasons to buy following a string of gains. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • US STOCKS-Futures dip, with few trading incentives Tuesday, 3 Jun 2014 | 7:11 AM ET

    *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stock index futures were a touch lower on Tuesday as traders found few reasons to buy with major indexes at record levels, though the market's recent upward momentum appeared intact. *The CBOE Volatility Index has also been lower than average, hovering near levels not seen since March 2013.

  • NEW YORK, June 2- Element Financial Corp has agreed to buy PHH Corp's auto fleet leasing business for about $1.4 billion in cash, and will issue $1.1 billion in capital to pay for the deal, the two companies said on Monday.

  • NEW YORK, June 2- Element Financial Corp is finalizing a deal to buy PHH Corp's auto fleet leasing business for about $1.4 billion after the boards of both companies approved the transaction over the weekend, two sources familiar with the matter said on Monday.

  • PNC Financial Services Group Inc, PHH Corp, MetLife Inc, Santander Holdings USA Inc and Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland, have all disclosed in filings with the Securities and Exchange Commission that they've received subpoenas.

  • Advisers Get Paid to Put Clients in Certain Funds Friday, 5 Apr 2013 | 10:39 AM ET
    Fidelity Investments

    Fidelity Investments and Charles Schwab give independent financial advisers a percentage of the assets that their clients put in certain mutual funds, according to Reuters.

  • Trading the Financials' Boom Year Wednesday, 2 Jan 2013 | 3:53 PM ET

    Following a surge in the financials sector in 2012, two analysts are divided over whether the stocks are now fully valued.

  • *FBR raises Hudson City Bancorp Inc price target to $8.50 from $6.50;. *FBR raises JPMorgan Chase& Co price target to $40 from $37; rating. *FBR raises PHH Corp price target to $25 from $23; rating outperform.

  • First Quarter Likely a Bottom for China Friday, 13 Apr 2012 | 9:27 AM ET
    China

    You could already hear the bears on China on the disappointing First quarter gross domestic product numbers (8.1 percent, below 8.3 percent expected and the lowest level since March 2009). But there are several signs the Chinese economy likely bottomed in the first quarter.

  • Jumbo Loans and the Move-Up Market Tuesday, 9 Nov 2010 | 4:15 PM ET
    home loans

    Big lenders like Chase, Wells Fargo and PHH have increased their jumbo volumes by a lot in just the first six months of this year.

  • Stocks Come Back to End Slightly Down; Banks Fall Thursday, 14 Oct 2010 | 4:40 PM ET

    Stocks came back from the lows of the session in the last few minutes of the session to end just slightly lower after a tepid government bond auction, a disappointing jobs report and the fallout continued over foreclosure practices at major banks. Bank of America and JPMorgan fell, while McDonald's rose.

  • Stocks Trim Losses Ahead of Close; Banks Fall Thursday, 14 Oct 2010 | 3:55 PM ET

    Stocks pulled back from the lows of the session but remained down after a tepid government bond auction, a disappointing jobs report and the fallout continued over foreclosure practices at major banks. Bank of America and JPMorgan fell, while McDonald's rose.

  • Lightning Round OT: General Motors, Merck and More Monday, 1 Jun 2009 | 8:23 PM ET

    The Lightning Round is extended in this CNBC.com exclusive feature.

  • Now that the government is in charge of the GSE's (can I call them Government "Sponsored" Entities or should that change to something else??), analysts are looking for the builders to reap the rewards, long term in sales and short term in the stocks.

  • Lampert Unlucky in Housing Thursday, 12 Jun 2008 | 12:47 PM ET
    Edward Lampert

    So there’s a bit of a blurb in the Wall Street Journal today about billionaire hedge-fund manager Edward Lampert and his ESL Investments Inc. buying into a few home builders (Centex and KB Home) as well as a few mortgage lenders (PHH and CIT) and Home Depot just to boot.

  • GE, Blackstone Deal to Buy PHH Is Terminated Wednesday, 2 Jan 2008 | 1:13 PM ET

    Mortgage and vehicle fleet company PHH said on Tuesday it terminated its nearly $2 billion sale to General Electric and Blackstone, after the private equity firm failed to obtain required financing for the deal.

  • Acxiom Deal Called Off; Buyers to Pay $65 Million Monday, 1 Oct 2007 | 9:42 AM ET

    The private-equity buyers of Acxiom have reached a settlement to break off their proposed $2.25 billion acquisition of the data-management company, according to people familiar with the situation.