X0306 4 2012-08-15 0 0000077776 PHH CORP PHH 0001312900 Kilroy George J C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054 0 1 0 0 EVP, Fleet Common Stock 2012-08-15 4 S 0 20000 17.9402 D 30477 D Reflects the weighted average price at which shares of PHH Corporation common stock were sold in multiple open-market transactions at prices ranging from $17.78 per share to $18.07333 per share, inclusive. The reporting person undertakes to provide to PHH Corporation, any security holder of PHH Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range described above in this footnote. J. Christopher Clifton, Attorney-In-Fact 2012-08-16