PHH Corp. announced two management changes that will begin the new year.
Madeline Flanagan will become senior vice president and general counsel for the company. She has served in that capacity for PHH’s mortgage subsidiary since 2012.
“We are fortunate to have a 15-year veteran of the company and someone as qualified as Madeline ready to step into the general counsel role,” CEO and President Robert B. Crowl said. “She has extensive experience across a number of legal and regulatory areas and has deep knowledge of the mortgage industry. She is a proven leader within our organization and I am confident she is the right person to lead the execution of our legal strategy to support our overall strategic direction.”
Flanagan joined PHH in 2002, and has more than 25 years’ experience as a mortgage and bank attorney. She received her law degree from Rutgers University School of Law in Camden.
Ryan Melcher will become corporate secretary, reporting to Flanagan.
Melcher, currently the corporation’s assistant general counsel and assistant secretary, joined the company in 2013.
Both are succeeding William Brown, who has held the positions.
“Bill has provided invaluable leadership and legal expertise for PHH for over three decades, a period in which the mortgage industry has experienced tremendous business, legal and regulatory changes,” Crowl said. “He has built an exceptional legal organization that oversaw multiple strategic transactions and has performed his duties as general counsel with extraordinary devotion, a tireless work ethic and always with the highest standards of integrity. I want to thank Bill for his significant contributions to PHH during his 32-year tenure with the company and his continuing support through the end of the year to ensure a smooth leadership transition.”
The Mount Laurel-based company announced March 30 that it expected to make certain management changes as part of its plan to reduce costs as the company transitions to a business focused on mortgage subservicing and portfolio retention services.