PHH Corporation provided consolidated earnings guidance for the first half of 2015. The company continues to expect to report negative core earnings on a consolidated basis through the first half of 2015.

The company provided earnings guidance for the second half of 2015. Assuming market conditions and interest rate levels experienced in the second half of 2014 persist, with the implementation of its reengineering and growth initiatives, the company anticipates reporting positive core earnings for the second half of 2015, excluding onetime items.