TITLE

Cendant Board OKs Sale of Mortgage Unit

PUB. DATE
January 2005
SOURCE
American Banker;1/7/2005, Vol. 170 Issue 5, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Cendant Corporation's board of directors approved the planned sale of PHH Corporation, the company's mortgage and fleet business, to shareholders. Statement that Cendant Corporation will then enter into a mortgage-origination venture with PHH; Plans of Cendant to sell Wright Express.
ACCESSION #
15770590

 

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