PHH Mortgage Offers Free Servicing Cost Analysis to TMC Members

New TMC Preferred Partner – PHH Mortgage – is helping TMC members significantly reduce servicing expenses.  With origination costs up and expenses at an all-time high, PHH is taking the guesswork out of understanding your true servicing costs – whether servicing in-house or with a subservicer. 
 
As a value-added service of The Mortgage Collaborative, TMC Lender Members are eligible for a Free Servicing Cost Analysis.  By answering 4-5 questions about your portfolio, PHH can provide a detailed analysis to determine if you’re leaving money on the table with your current subservicer or should consider shifting from servicing in-house.  Here are some of the results:

• PHH clients are realizing an average savings of $2.00 - $5.00 per loan per month, depending on the size of the portfolio and whether servicing is done in-house or by a subservicer.
  
• PHH clients are averaging a 25-30% savings when shifting away from their current provider.
  

• PHH is helping clients save up to $250,000 per year for every $1 billion in UPB serviced
  

 
PHH has among the strongest customer service levels in the U.S., maintaining a 95% Customer Satisfaction rating across more than 700,000 homeowners every month.  They work hand-in-hand with TMC members for an easy, smooth transition – onboarding new clients’ portfolios in 90 days or less!

To take advantage of this TMC member benefit from PHH Mortgage, contact:

• Chris Sabbe at 415.828.1222
  
• David Burruss at 703.286-9389