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November 12, 2009 - Press Release

PHH Arval Launches New Corporate Web Site

SPARKS, MD - New features include sharing capabilities, news update subscription service (RSS feed), resource center, and blog section.

Tags: PHH Arval, PHH Corporation, Web site

October 27, 2009 - Industry News

PHH Corp. Names New President & CEO

MT. LAUREL, NJ - Jerome Selitto has been named president and CEO of PHH Corp. George Kilroy, who has served as acting president and CEO since June, will continue to lead the company's fleet management business and serve as a member of the company's Board of Directors.

Tags: appointment, CEO, PHH Arval, PHH Corporation

October 20, 2009 - Press Release

PHH Arval Wins 2009 TechForum Award for Technology Innovation

SPARKS, MD - PHH won first place in the Technology Innovation category for its advanced Driver Level Ordering online tool and North American vehicle ordering platform.

Tags: Award, PHH Arval, PHH Corporation

September 15, 2009 - Industry News

PHH Corp. Closes $850M of TALF-Eligible Asset Backed Notes Issued by Chesapeake Funding

MT. LAUREL, NJ - PHH Corp. announced the successful closing of the issuance and sale of $850 million in aggregate principal amount of its Series 2009-2 Floating Rate Asset Backed Notes, Class A.

Tags: Chesapeake Funding LLC, Floating Rate Asset Backed Notes, PHH Corporation

July 21, 2009 - Press Release

PHH Arval Holds Summit with Global Alliance Partners

SPARKS, MD - PHH Arval recently hosted a strategic summit with two of its major global alliance partners, Arval and Facileasing.

Tags: Arval, Facileasing, PHH Arval, PHH Corporation

June 19, 2009 - Industry News

PHH Corp. Names New Acting CEO & Board Chairman

KILROY

MT. LAUREL, NJ – PHH Corporation has appointed George Kilroy as acting chief executive officer and president of PHH Corporation, and James Egan as chairman of the Board of Directors, effective June 17.

Tags: CEO, chairman, chief executive officer, PHH Corporation

June 9, 2009 - Industry News

PHH Corporation Closes $1 Billion in TALF Funding

MT. LAUREL, NJ – PHH Corporation announced today the successful closing of $1.0 billion of funding through Chesapeake Funding LLC.

Tags: Chesapeake Funding LLC, funding, PHH Corporation

December 19, 2008 - Industry News

PHH Funding Terms Revised

MT. LAUREL, NJ – PHH Corp. announced that lenders agreed to new terms on its debt, reducing the capacity of a series of notes from $3.9 billion to $3.5 billion.

Tags: debt, funding, PHH Corporation, terms

March 11, 2008 - Industry News

PHH Corporation Announces Fourth Quarter Results

MT. LAUREL, N.J. - PHH Corporation announced results for the year ended December 31, 2007. Net revenues for the year ended December 31, 2007 were $2.24 billion compared to $2.29 billion for the same period in 2006, a decrease of 2 percent.

Tags: Net revenues , PHH Corporation

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