Announcement: Seller Guide Update

Announcement: Seller Guide Update

PHH Mortgage revised the Non-Agency Addendum (Appendix A) to the Correspondent Seller Guide, as indicated below.

• Section A2.2.1 Representations and Warranties Regarding Loans: 
  • Added written policy requirements related to prepayment penalties

If you have any questions, please contact your Correspondent Specialist, Regional Sales Executive, or contact us via the support line at 1-800-929-4744. Email inquiries can be sent to PHHCorrSupport@phhmortgage.com or RateLock@phhmortgage.com. 

Thank you for your continued business!