MT. LAUREL,N.J.–(BUSINESS WIRE)–PHH Corporation (NYSE:PHH) (“PHH”or the “Company”) today announced the closing on January 27,2010 of a series of transactions resulting in the sale of certain fleet lease assets originated and serviced by PHH Vehicle Management Services Inc. (“PHH VMS”),the Company’s indirect wholly-owned Canadian fleet management business,to Fleet Leasing Receivables Trust (“FLRT”),which,in turn,issued and sold appro
