MOUNT LAUREL, N.J.--(BUSINESS WIRE)--PHH Corporation (NYSE:PHH) announced today the extension of the offer period for its previously announced self-tender offer to purchase shares of its common stock for an aggregate amount of up to $266 million in cash through a modified “Dutch auction.” The offer will now expire at 12:01 a.m., New York City time, on Monday, September 11, 2017, unless the tender offer is further extended or withdrawn by the Company. The tender offer was previously scheduled to expire at 11:59 p.m., New York City time, on Friday, September 8, 2017. The reason for the extension is solely to ensure that the offer period complies with Exchange Act Rule 13e-4(f)(1)(i).

About PHH

Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading provider of end-to-end mortgage solutions through its subsidiary, PHH Mortgage. Its outsourcing model and proven expertise, combined with a strong commitment to operational excellence and customer service, has enabled PHH Mortgage to become one of the largest non-bank originators, servicers and subservicers of residential mortgages in the United States. PHH Mortgage currently provides mortgage solutions for the real estate market and financial institutions, and offers home financing directly to consumers. For additional information, please visit www.phh.com.