If you had a residential mortgage loan with PHH between January 1, 2007, and December 31, 2009, you may be eligible for $875 from a new class action settlement. Here’s what you need to know and how to act fast.
Why the Lawsuit Exists?
Plaintiffs allege that PHH Corp., PHH Mortgage Corp., PHH Home Loans, LLC, and Atrium Insurance Corp. violated laws prohibiting kickbacks tied to private mortgage insurance. The lawsuit claims these kickbacks were included in PHH’s captive mortgage reinsurance agreements.
PHH denies wrongdoing. The Court has not decided who is right. Instead, the parties agreed to a settlement of $875 per qualifying loan to avoid further litigation.
Who Qualifies?
You may qualify if you:
Obtained a residential mortgage loan originated or acquired by PHH and/or its affiliates between Jan 1, 2007 – Dec 31, 2009
Purchased private mortgage insurance connected to PHH’s captive mortgage reinsurance agreements
Are a successor, heir, or assignee of such a borrower
How Much You Can Get?
$875 per eligible loan
Payments issued after claims are verified and the settlement is approved by the Court
No purchase receipts are required, but a Unique ID or PIN is needed to file
Your Options
| Option | Deadline | What It Means |
|---|---|---|
| File a Claim | August 11, 2026 | Only way to get $875 per loan. Submit online or by mail. |
| Exclude Yourself | November 13, 2025 | Keep your right to sue separately but receive no settlement money. |
| Object | November 13, 2025 | Tell the Court why you don’t like the settlement. |
| Attend Final Approval Hearing | December 17, 2025 | Speak in Court about the settlement. |
| Do Nothing | N/A | Receive nothing and give up the right to sue. |
How to File a Claim?
Go to PHHMISettlement.com – File a Claim
Submit your online claim or download and mail a paper Claim Form
Provide your Unique ID or PIN. If you don’t have one, contact the Settlement Administrator
Deadline: August 11, 2026 (postmark for mail, 11:59 p.m. PT for online)
→ Take Action Now – Submit Your Claim Here
