Mortgage company in Amherst reducing its workforce

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AMHERST, N.Y. (WIVB) – PHH Mortgage in Amherst is reducing its workforce due to a downturn in business.

News 4 is told 135 employees will receive at least 90 days of pay and benefits before being laid off, even as PHH Mortgage continues construction on its new building.

The company says it is committed to maintaining its presence in WNY.

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