Android phone refuses to recognize my hotmail login


New Email
I recently deleted my hotmail account from my Verizon Droid 3 as it was not working correctly then tried to start over from scratch with setting up the account on my phone. I've tried it numerous times both via the email setup on the phone and also via the hotmail app. Regardless, I get loggin errors. In the hotmail app it also adds that it is an error code 300. I AM using the correct email address and password. All works fine on my PC - yet not at all on my phone. What is up with this?