2012-10-12
A proposed new office building in Amherst may offer some insight into where PHH Mortgage may end up moving its location operations.
PHH Mortgage, which earlier this year acquired HSBC’s mortgage operations in Depew and elsewhere, has been scouting various urban and suburban sites for a new, local operations center.
While those closest to the deal are mum, commercial real estate insiders think a proposal by Zaepfel Development Co. to construct a two-story, 100,000-square-foot building on a 5.75-acre…