UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   December 31, 2010

PHH Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

     
Maryland 001-07797 52-0551284
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
3000 Leadenhall Road, Mount Laurel, New Jersey   08054
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(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   856-917-1744

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01 Other Events.

Effective December 31, 2010, the Origination Assistance Agreement dated as of December 15, 2000, as amended, by and between Merrill Lynch Credit Corporation ("MLCC") and PHH Mortgage Corporation, as successor to Cendant Mortgage Corporation ("PHH Mortgage"), and the Loan Purchase and Sale Agreement dated as of December 15, 2000, as amended, by and between MLCC and PHH Mortgage, were each automatically extended in accordance with their applicable terms. PHH Mortgage is a wholly owned subsidiary of PHH Corporation.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    PHH Corporation
          
January 5, 2011   By:   /s/ William F. Brown
       
        Name: William F. Brown
        Title: Senior Vice President, General Counsel & Secretary