PHH Corporation provides mortgage and fleet management services in the United States and Canada. The company's mortgage services include origination, sale, and servicing of residential first and second mortgage loans; and private label mortgage outsourcing. Its loan servicing activities consists of collecting loan payments; remitting principal and interest payments to investors; and managing escrow funds for payment of mortgage-related expenses, such as taxes and insurance. PHH Corporation provides fleet management services to corporate clients and government agencies. The company's fleet management services include fleet leasing and fleet management services, and accident management services. Its fleet leasing and fleet management services include vehicle leasing, leasing plans, fleet policy analysis and recommendations, benchmarking, vehicle recommendations, ordering and purchasing vehicles, arranging for vehicle delivery, and administration of the title and registration process, as well as tax and insurance requirements, pursuing warranty claims, and remarketing used vehicles. Accident management services include assistance, such as facilitating emergency towing services and car rental assistance, upon receiving the initial accident report from the driver; organizing the vehicle appraisal and repair process through a network of repair and body shops; and coordinating and negotiating accident claims. PHH Corporation also offers vehicle maintenance charge cards that are used to facilitate repairs and maintenance payments. In addition, the company offers credit research, flood certification, and tax services, as well as mortgage reinsurance. PHH Corporation was founded by Duane Peterson, Harley Howell, and Richard Heather in 1946. The company is headquartered in Mount Laurel, New Jersey.
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