LenderLive Network, LLC has completed its transaction with PHH Mortgage Corp. (PHH), the company announced.
LenderLive has assumed PHH’s private label fulfillment operations in Jacksonville, Fla. LenderLive previously had announced that it hired a majority of the former PHH employees in the related fulfillment areas.
A mortgage services provider, LenderLive is now processing, underwriting and closing loans on an outsourced basis for PHH fulfillment clients served out of the Jacksonville facility.
The facility has been rebranded as LenderLive.