PHH Corporation Sets Date for Third Quarter 2009 Earnings Conference Call

MT. LAUREL, N.J.--(Business Wire)--
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

PHH Corporation
Investors:
Nancy R. Kyle
856-917-4268
or
Media:
Karen K. McCallson
856-917-8679

Copyright Business Wire 2009