Sterne Agee: PHH a Buy with Mortgages as Expected, EPS Lower

PHH Corp.s second-quarter origination volume and servicing revenue, when adjusted for an extraordinary item and higher rates, came in within some expectations.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Sterne-Agee-PHH-a-Buy-1037926-1.html

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