Christopher Sabbe Joins PHH Corporation as Vice President, Business Development
2017年7月13日 - 10:00PM
ビジネスワイヤ(英語)
Will Lead Sales Efforts Focused on Growing
the Company’s Subservicing Portfolio
PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today
announced that Christopher Sabbe has joined the Company as Vice
President, Business Development. Sabbe will report to Steve Staid,
Senior Vice President, Servicing.
In this role, Sabbe will be responsible for overseeing the
Company’s sales strategy as PHH further expands into the mortgage
subservicing market segment. Sabbe will lead a dedicated sales team
to implement business development strategies to drive new client
signings and portfolio units in support of the Company’s
subservicing revenue growth objectives. As of March 31, 2017, the
pro forma subservicing unit count, assuming the completion in
entirety of its previously announced sale of mortgage servicing
rights to New Residential Investment Corp, is approximately 720,000
units. PHH is one of the largest mortgage subservicers based on
unpaid principal balance as of the first quarter of 2017, according
to Inside Mortgage Finance.
Steve Staid, Senior Vice President, Servicing, said, “We are
very excited to have someone of Chris’ caliber join the PHH team.
He is a seasoned sales executive with an impressive track record of
building a sales pipeline and closing deals in the subservicing
market segment. The addition of Chris is a critical step in our
strategic plan focused on growing subservicing and portfolio
retention services.”
Sabbe has over 20 years of financial services industry
experience selling and managing enterprise outsourcing, software
and professional services engagements, specializing in mortgage
servicing, loss mitigation and loan originations. Prior to PHH, he
spent over four years as Senior Vice President, Strategy and
Business Development at LenderLive Network and was twice named
Sales Executive of the Year during that time. Prior roles include
Senior Vice President, Business Development at Marix Servicing
(acquired by Walter Investment Management Corp.); Vice President,
Business Solutions at ISGN Solutions; and Director, Business
Solutions at Dorado Corporation (acquired by CoreLogic). Sabbe
holds a Bachelor of Science degree in mathematics from California
Polytechnic State University.
About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a
leading provider of end-to-end mortgage solutions through its
subsidiary, PHH Mortgage. Its outsourcing model and proven
expertise, combined with a strong commitment to operational
excellence and customer service, has enabled PHH Mortgage to become
one of the largest non-bank originators, servicers and subservicers
of residential mortgages in the United States. PHH Mortgage
currently provides mortgage solutions for the real estate market
and financial institutions, and offers home financing directly to
consumers. For additional information, please visit
www.phh.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Generally, forward looking-statements are not
based on historical facts but instead represent only our current
beliefs regarding future events. All forward-looking statements
are, by their nature, subject to risks, uncertainties and other
factors that could cause actual results, performance or
achievements to differ materially from those expressed or implied
in such forward-looking statements. Investors are cautioned not to
place undue reliance on these forward-looking statements. Such
statements may be identified by words such as “expects,”
“anticipates,” “intends,” “projects,” “estimates,” “plans,” “may
increase,” “may fluctuate” and similar expressions or future or
conditional verbs such as “will,” “should,” “would,” “may” and
“could.”
You should understand that forward-looking statements are not
guarantees of performance or results and are preliminary in nature.
You should consider the areas of risk described under the heading
“Cautionary Note Regarding Forward-Looking Statements” and “Risk
Factors” in our periodic reports filed with the U.S. Securities and
Exchange Commission, including our most recent Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q, in connection with
any forward-looking statements that may be made by us or our
businesses generally. Such periodic reports are available in the
“Investors” section of our website at http://www.phh.com and are
also available at http://www.sec.gov. Except for our ongoing
obligations to disclose material information under the federal
securities laws, applicable stock exchange listing standards and
unless otherwise required by law, we undertake no obligation to
release publicly any updates or revisions to any forward-looking
statements or to report the occurrence or non-occurrence of
anticipated or unanticipated events.
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version on businesswire.com: http://www.businesswire.com/news/home/20170713005173/en/
PHH CorporationInvestorsHugo Arias,
856-917-0108hugo.arias@phh.comorMediaDico Akseraylian,
856-917-0066dico.akseraylian@phh.com
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