Mortgage company in Amherst reducing its workforce

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. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Note: Comments containing links are not allowed.

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