On March 1, 2016, Mr. Gregory J. Parseghian notified PHH Corporation of his decision to retire from the Board of Directors of the company, effective at the end of his current term expiring at the company's 2016 Annual Meeting of Stockholders (the 2016 Annual Meeting), and not to stand for re-election as a member of the Board at the 2016 Annual Meeting.
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- Gregory J. Parseghian to Retire from Board of Directors of PHH Corporation