PHH Corporation Announces Fourth Quarter and Full-Year 2012 Earnings Release and Conference Call Schedule

Mt. Laurel, NJ - January 30, 2013 - PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today plans to release its fourth quarter and full-year 2012 results on Wednesday, February 6, 2013, after the market closes.

The Company will host a conference call at 10:00 a.m. (Eastern Time) on Thursday, February 7, 2013, to discuss its fourth quarter and full-year 2012 results. All interested parties are welcome to participate. You can access the conference call by dialing (866) 454-4204 or (913) 312-0725 and using the conference ID 9254161 approximately 10 minutes prior to the call. The conference call will also be webcast, which can be accessed from the Investor Relations page of PHH's website 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 Thursday, February 7, 2013, prior to the start of the conference call.

A replay will be available beginning shortly after the end of the call through February 22, 2013, by dialing (888) 203-1112 or (719) 457-0820 and using conference ID 9254161, or by visiting the Investor Relations page of PHH's website at www.phh.com/invest.

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 largest originators and servicers of residential mortgages in the United States1, and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. PHH is dedicated to delivering premier customer service and providing value-added solutions to its clients.www.phh.com.

1 Inside Mortgage Finance, Copyright 2012.

Contact Information:

Investors
Jim Ballan
jim.ballan@phh.com
856-917-4311

Media
Dico Akseraylian
dico.akseraylian@phh.com
410-771-2038


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