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Fitch Assigns Additional Servicer Ratings for PHH

After being assigned an RPS3 rating as a residential primary servicer for its prime product in August, PHH was assigned additional servicer ratings by rating agency Fitch. Click through to learn which additional products and operations of PHH were rated and the outlook assigned to them.

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Last Line of Defense: Claims Management

Claims Management serves as the last line of defense before ultimate gains or losses are realized on a default property; thus, perfecting a claims management strategy is critical to minimizing losses and maximizing gains. Editor’s Note: This feature originally appeared in the August issue of DS News.

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