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Consumers who obtained a residential mortgage loan that PHH Corp. or its affiliates originated or acquired between Jan. 1, 2007, and Dec. 31, 2009, and who purchased private mortgage insurance included in PHH’s captive mortgage reinsurance agreements may qualify to claim $875 per loan from a class action settlement.
PHH Corp. agreed to resolve a class action lawsuit alleging violations of laws that prohibit kickbacks related to mortgage settlement services. The lawsuit claimed PHH and its affiliates improperly benefited from captive reinsurance arrangements with private mortgage insurers, resulting in borrowers overpaying for mortgage insurance.
Who can file a claim?
Class members must meet all of the following criteria:
- They obtained a residential mortgage loan that PHH or its affiliates originated and/or acquired between Jan. 1, 2007, and Dec. 31, 2009.
- They purchased private mortgage insurance in connection with that loan.
- PHH’s captive mortgage reinsurance agreements included their loan.
- They are the original borrower or a successor, heir or assignee of such a borrower.
How much can class members get?
Eligible class members who submit a valid claim form will receive a payment of $875 per qualifying loan. This amount is fixed and not subject to reduction based on the number of submitted claims. If there are multiple co-borrowers on a loan, the settlement administrator will issue only one payment jointly to all co-borrowers.
How to claim a class action payment
Class members file a claim online using the online claim form or download, print and complete the PDF claim form to send to the settlement administrator. The claim deadline is Aug. 11, 2026.
Settlement administrator's mailing address: Munoz, et al. v. PHH Corp., et al., c/o JND Legal Administration, P.O. Box 91304 Seattle, WA 98111
What proof or documentation is required to submit a claim?
- All class members must provide the address of the property for which they obtained a residential mortgage loan that PHH or its affiliates originated or acquired and the name(s) of any co-borrowers.
- To file an online claim, class members must enter the unique ID number and PIN located on the settlement notice they received.
Payout options
- The settlement administrator will issue payments by paper check to the address provided on the claim form.
- If there are multiple co-borrowers with different addresses, the settlement administrator will mail the check to the address of the co-borrower who files the claim.
- If the settlement administrator receives more than one claim for the same loan, it will send the check to the address of the first claimant.
Settlement fund breakdown
The settlement fund covers:
- Settlement administration costs: Up to $500,000
- Attorneys' fees: Up to $9,031,000
- Attorneys' expenses: Up to $2,100,000
- Service awards to class representatives: Up to $5,000 each for five plaintiffs ($25,000 total)
- Payments to eligible class members: $875 per qualifying loan
Important dates
- Deadline to file a claim: Aug. 11, 2026
- Deadline for exclusion: Nov. 10, 2025
- Final approval hearing: Dec. 17, 2025
When is the Munoz v. PHH Corp. payout date?
- For claims filed before the final approval hearing, the settlement administrator will issue payments to eligible class members approximately 30 days after it resolves any appeals and the court grants final approval of the settlement.
- For claims filed after the final approval hearing, the settlement administrator will issue payments to eligible class members approximately 30 days after it receives the claim form.
Why is there a class action settlement?
The class action lawsuit alleged PHH Corp. and its affiliates violated laws prohibiting kickbacks in mortgage settlement services. The plaintiffs claimed PHH required certain borrowers to pay for private mortgage insurance, and the insurers then entered into reinsurance agreements with PHH’s affiliate, Atrium. They also claimed Atrium did not assume real risk and that the arrangement was a kickback for referring business to the insurers, causing borrowers to overpay for mortgage insurance.
PHH denied any wrongdoing and asserted that their reinsurance agreements were standard and involved meaningful risk transfer.
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