PHH Corporation Announces First Quarter 2012 Earnings Release And Conference Call Schedule

PHH Corporation (NYSE:PHH) (“PHH” or the “Company”) today announced plans to release its first quarter 2012 results on Tuesday, May 1, 2012, after the market closes.

The Company will host a conference call at 10:00 a.m. (Eastern Time) on Wednesday, May 2, 2012, to discuss its first quarter 2012 results. All interested parties are welcome to participate. You can access the conference call by dialing (800) 768-6570 or (785) 830-1942 and using the conference ID 4407247 approximately 10 minutes prior to the call. The conference call will also be webcast, which can be accessed at www.phh.com/invest under webcasts and presentations.

An investor presentation of supplemental schedules will be available by visiting the Investor Relations page of PHH's website at www.phh.com/invest on Wednesday, May 2, 2012, prior to the start of the conference call.

A replay will be available beginning shortly after the end of the call through May 16, 2012, by dialing (719) 457-0820 or (888) 203-1112 and using conference ID 4407247, or by logging on to the Company's website.

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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