Sandra Bell

PHH Corp. engages in the provision of outsourced mortgage banking services. It operates through the Mortgage Production and Mortgage Servicing segments. The Mortgage Production segment offers mortgage loan origination services and sells mortgage loans. The Mortgage Servicing segment performs servicing activities for loans originated by PHH Mortgage and mortgage servicing rights purchased from others, and acts as a sub-servicer for certain clients that own the underlying mortgage servicing rights. The company was founded by Duane Peterson, Harley Howell, and Richard Heather in 1946 and is headquartered in Mount Laurel, NJ.

Tiptree Operating Co. LLC provides real estate investment services. The company is headquartered in New York, NY.

Tiptree Financial Partners LP acquires perfoming and distressed credit assets and related equity interests. The company seeks to generate income from distributions and capital gains from these assets. Tiptree Financial Partners is externally managed by Tricadia Capital Management LLC, which organized the company in May 2007. Tiptree is located in New York, NY.

Prospect Mortgage LLC provides mortgage loans. The firm offers a variety of home loan solutions including first-time homebuyer programs with down-payment assistance, FHA and VA, conventional, jumbo and super jumbo, new construction and renovation. The company is headquartered in Sherman Oaks, CA.

Federal Home Loan Bank of Cincinnati provides financial services for residential housing and economic development. The company was founded in 1932 and is headquartered in Cincinnati, OH.

Deutsche Bank Securities, Inc. (DBSI) is a SEC-registered broker/dealer headquartered in New York City. The firm was founded in 1971 and is a wholly-owned investment banking and brokerage arm of DB U.S. Financial Markets Holding Corp., ultimately held by Deutsche Bank AG (NYSE: DB, FRA: DBK) in Germany. DBSI provides securities brokerage and investment advisory services to domestic and international private clients and institutions. They are also a primary dealer in US government securities as designated by the Federal Reserve.