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PHH Announces Results of 2010 Annual Meeting

^{Published on 2010-06-15 12:40:16 - Market Wire}
 

MT. LAUREL, N.J.--([ BUSINESS WIRE ])--PHH Corporation (NYSE:PHH) (aPHHa or the aCompanya) today announced results of actions taken at PHHa™s 2010 Annual Meeting of Stockholders (the a2010 Annual Meetinga). Ms. Deborah M. Reif and Mr. Carroll R. Wetzel, Jr. have been elected as Class II Directors for three year terms, expiring in 2013.

PHH also announced that stockholders ratified the selection of Deloitte & Touche LLP as PHHa™s independent registered public accounting firm for 2010.

At an organizational meeting of the Board following the 2010 Annual Meeting, the Board appointed Ms. Reif to serve as a member of the Compensation Committee and the Corporate Governance Committee, effective immediately. All other Board committee assignments remain unchanged.

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 Corporation, is one of the top five retail originators 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. For additional information about the Company and its subsidiaries, please visit [ www.phh.com ].

¹ Inside Mortgage Finance, Copyright 2010