At the law office of Ira J. Metrick, we have defended borrowers against foreclosures from many different Lenders, including PHH Mortgage.
About PHH Mortgage
PHH Mortgage is a New Jersey based non-bank residential mortgage servicing company.
In their capacity as a mortgage servicer, PHH manages the day-to-day administration of mortgage accounts, including collecting regular monthly mortgage payments and pursuing foreclosure against those who fall behind.
In Jun 2019, PHH Mortgage officially merged with Ocwen.
PHH Mortgage Violations
PHH has faced several investigations relating to fraudulent mortgage practices.
In 2017, PHH agreed to pay $74 million in a settlement with the federal government for violating standards for government-backed mortgages, including FHA, VA, Fannie Mae, and Freddie Mac loans.
In January 2018, PHH agreed to pay $45 million in a multistate settlement for improperly servicing mortgage loans between 2009 and 2012, including $30.4 million in payments to borrowers who were subjected to PHH foreclosures.
PHH Mortgage Loan Modifications
If you are facing foreclosure on your mortgage serviced by PHH Mortgage, we can determine the type of loan modification you may be eligible for, and we can give you an estimate of the modification payment terms.
Some attorneys that may represent PHH Mortgage include:
- Shapiro & DeNardo
- RAS Citron, LLC
- Phelan Hallinan Diamond & Jones, PC
Helpful NJ Foreclosure and Loan Modification Resources
- Foreclosure Defense Overview
- New Jersey Foreclosure Timeline
- New Jersey Sheriff Sale FAQ
- New Jersey Sheriff Sale Timeline
- New Jersey Loan Modification Information
Contact Ira J. Metrick Today to Discuss Your PHH Loan Modification in NJ
If your mortgage is serviced by PHH Mortgage and your home is facing foreclosure, contact us today. We can discuss your situation and help you defend the foreclosure and determine if you are eligible for a loan modification. We also offer aggressive representation to assist in the loan modification process.
We can also ensure that the lender has followed all proper foreclosure procedures and has not violated your rights as a borrower. These violations can include, but are not limited to:
- Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as Dual Tracking).
- Refusing to honor or review your loan modification.
- Not responding to your loan modification application within 30 days.
- Refusing to accept your mortgage payment or mortgage reinstatement.
- Declaring you in default and threatening foreclosure even though you are up to date on your payments.
If any of these or other situations have happened to you, contact the law office of Ira J. Metrick today to discuss your options.