PHH Corporation Sets Date for Third Quarter 2009 Earnings Conference Call

PHH Corporation (NYSE: PHH) today announced that it will hold its third quarter 2009 earnings conference call on Thursday, November 5, 2009 at 10:00 a.m. EST.

James Egan, non-executive chairman, Jerry Selitto, president and chief executive officer, and Sandra Bell, executive vice president and chief financial officer, will host the conference call. A question and answer session will follow.

Investors will be able to access the third quarter 2009 earnings press release, as well as a supplementary presentation, by visiting the Investor Relations page of PHH's website at www.phh.com on November 5, 2009 prior to the conference call. Investors may also request copies via fax by calling the investor hotline at 1-856-917-7405.

Interested investors may access the conference call by dialing 1-877-219-9989 or 1-706-758-6450, using the conference ID 39945724 ten minutes prior to the start time of 10:00 a.m. The conference call will also be webcast at www.phh.com. A replay will be available beginning shortly after the end of the call and continuing through November 20, 2009 by dialing 1-800-642-1687 or 1-706-645-9291, using conference ID 39945724 or by logging on to the company’s website.

About PHH Corporation

Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States.¹ Its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the company and its subsidiaries, please visit www.phh.com.

¹ Inside Mortgage Finance, Copyright 2009