2009-11-24 19:03:22 -

PHH Corporation (NYSE: PHH) is scheduled to present at the Friedman, Billings, Ramsey & Co. Fall Investor Conference on Tuesday, December 1, 2009 at 1:35 p.m. EST at the Grand Hyatt New York, New York City for 40 minutes. Jerry Selitto, president and chief executive officer, and Sandra Bell, executive vice president and chief financial officer will make the presentation.

There will be a live audio webcast of the PHH presentation. Interested investors may access the webcast at www.wsw.com/webcast/fbr23/phh/ :

The management presentation will be filed with the Securities and Exchange Commission on Form 8-K on December 1, 2009 and will also be available on the PHH Investor Relations page. The audio will be archived on the PHH website following the conference for approximately 15 days at www.phh.com : .

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 , and 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 our website at www.phh.com : .

1 Inside Mortgage Finance, Copyright 2009

PHH CorporationNancy R. Kyle, 856-917-4268