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Phh Corp is Among the Companies in the Thrifts & Mortgage Finance Industry With the Lowest Return on Equity (PHH, OCN, IMH, PROV, CSBK)

By Amy Schwartz

Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Phh Corp ranks lowest with a ROE of -2,638.3%. Ocwen Finl Corp is next with a ROE of -1,481.4%. Impac Mtg Hldgs ranks third lowest with a ROE of -1,451.8%.

Provident Fnl Hl follows with a ROE of 134.4%, and Clifton Bancorp rounds out the bottom five with a ROE of 156.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Clifton Bancorp on January 29th, 2018 by issuing a Downtrend alert when the shares were trading at $16.15. Since that call, shares of Clifton Bancorp have fallen 3.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity phh corp ocwen finl corp amex:imh impac mtg hldgs provident fnl hl clifton bancorp