PHH Corporation Sets Date For 2012 Annual Meeting Of Stockholders

PHH Corporation (NYSE: PHH) ("PHH" or the "Company") today announced that it will hold its 2012 Annual Meeting of Stockholders (the "2012 Annual Meeting") on June 6, 2012, at 10:00 a.m., local time, at the Company's offices located at 3000 Leadenhall Road, Mt. Laurel, New Jersey 08054.

Shareholders of record as of the close of business on Monday, March 26, 2012, will be entitled to notice of and to vote at the 2012 Annual Meeting.

About PHH Corporation

Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading provider of business process management services for the mortgage and fleet industries. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States 1, and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. PHH has more than 5,000 employees dedicated to delivering premier customer service and providing value-added solutions to its clients.

1 Inside Mortgage Finance, Copyright 2012

Copyright Business Wire 2010

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