An expanding business in Depew is expected to generate hundreds of new jobs.
PHH Mortgage Corporation is purchasing the mortgage processing and services business from HSBC Mortgage Corporation. The expansion will grow the company's 400 member workforce, nearly doubling its size. A series of tax breaks will benefit the construction of a new facility on Wehrle Drive in Depew.
PHH was seeking to move its business to existing out of state offices if the new construction was not made possible.
