The merger between HFS Inc. and PHH Corp. is on track for its April 30 closing, HFS executives reported.

Henry Silverman, chief executive of HFS, spoke in a conference call arranged to address a Wall Street Journal article that indicated he might leave the company.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.