John Porath Named Southeast Regional Executive for PHH Home Loans

Mount Laurel, NJ – May 16, 2016 – PHH Home Loans, a joint venture between PHH Mortgage and Realogy Holdings Corp, announced today that John Porath has been appointed to the role of Regional Executive for the Southeast Region of PHH Home Loans based out of Clearwater, FL.

In this role, John will be responsible for the production, profitability and overall performance for the Southeast Region, encompassing more than 160 employees in seven states and the District of Columbia. The Southeast Region of PHH Home Loans operates in Florida, Georgia and Texas under the Sunbelt Lending Services brand and in Maryland, Virginia, North Carolina, South Carolina and Washington, DC as PHH Home Loans.

With more than 25 years in mortgage banking, John brings with him a wealth of experience and a deep understanding of the industry. In his most recent role as Vice President, Regional Sales Manager for Citizens Bank, he held direct oversight and responsibility for retail mortgage lending in the North Carolina/South Carolina/Virginia region, which led the company in productivity and customer satisfaction.

John started with Norwest in 1989 as a Loan Officer, which was just the beginning of an extensive mortgage career that has included senior leadership roles with JPMorgan Chase, GMAC Mortgage, First American Mortgage Services and Charter One Bank.

Ralph Melbourne, Senior Vice President of the PHH Mortgage Real Estate Channel, said, “I am pleased to have John join the PHH Home Loans family and feel confident that he will continue his track record of successfully managing sales organizations. I have no doubt that his insight, leadership and industry experience will be invaluable to the Southeast, as well as to the PHH Home Loans team.

About PHH Home Loans
Headquartered in Mount Laurel, New Jersey, PHH Home Loans, LLC is a joint venture between PHH Mortgage, a subsidiary of PHH Corporation (NYSE: PHH), and Realogy Holdings Corp. (NYSE: RLGY). Through this joint venture, we provide mortgage services to the more than 700 real estate offices within NRT, LLC, a subsidiary of Realogy and the nation's largest residential real estate brokerage company. For additional information, please visit www.phhhomeloans.com.

Contact Information:

Media
Dico Akseraylian
dico.akseraylian@phh.com
(856) 917-0066

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May 16, 2016

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