PHH Arval named to Monitor 100 list

Sparks, Maryland – July 6, 2010 – PHH Arval has announced that Monitor, the most widely read magazine in the equipment leasing and finance industry, has named the company to its 2010 Monitor 100 list of the largest equipment finance/leasing companies in the United States.

PHH Arval was ranked #26 in net assets, #25 in new business volume, #2 in the “independent” segment based on net assets, and #1 in the “independent” segment based on new business volume.

Commenting on the Monitor 100 listing, George Kilroy, President and CEO of PHH Arval, said, “PHH’s ranking in the various categories is objective evidence of our continued momentum in the marketplace and the successful execution of our funding plan.”


About PHH Arval
PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH ], is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com , or call 800 ONLY PHH.

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 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 our Web site at www.phh.com .