Market Overview

PHH Corporation Announces Second Quarter 2018 Earnings Release Date

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PHH Corporation (NYSE:PHH) ("PHH" or the "Company") announced today
plans to release its second quarter 2018 results on Friday, August 3,
2018, after the market closes.

Due to the pending sale transaction with Ocwen Financial Corporation
announced on February 27, 2018, the Company does not intend to host a
conference call to discuss its second quarter 2018 results or make
available an investor presentation with an appendix of supplemental
schedules.

About PHH Corporation

PHH Corporation (NYSE:PHH), through its subsidiary PHH Mortgage, is one
of the largest subservicers of residential mortgages in the United
States. PHH Mortgage provides servicing and portfolio retention
solutions to investors of mortgage servicing rights, financial and
wealth management institutions, regional and community banks, and credit
unions. Headquartered in Mount Laurel, New Jersey, the Company has been
providing mortgage lending and servicing solutions since 1984 and is
dedicated to responsible and ethical practices while delivering an
exceptional customer experience. For additional information, please
visit www.phh.com.

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