PHH Mortgage, a non-bank mortgage servicer and originator and subsidiary of Ocwen Financial Corp., has hired Andy Peach as senior vice president, correspondent lending.
In this role, Peach will be responsible for leading PHH’s correspondent lending business and will report directly to George Henley, Ocwen’s chief growth officer. In the fourth quarter of 2020, the correspondent lending business generated $2.6 billion in volume – a 34 percent increase from the prior quarter.
Peach joins PHH