GOVERNOR CUOMO ANNOUNCES $28 MILLION FINE LEVIED AGAINST PHH MORTGAGE CORPORATION FOR SHODDY MORTGAGE ORIGINATION AND SERVICING PRACTICES

Governor Andrew M. Cuomo today announced that PHH Mortgage Corporation and its affiliate, PHH Home Loans LLC, will pay a $28 million fine and engage a third-party auditor as part of a consent order for violations of federal and New York laws designed to protect homeowners.


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Andrew M. Cuomo, re-elected the 56th Governor of New York State on November 4, 2014, has a lifelong commitment to public service and the proven leadership skills to make government work for the people of the state.

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