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Cendant was an American provider of business and consumer services, mainly in the real estate and travel industries, until 2006. It was involved in a massive accounting scandal in 1998 and broke up into several spin-offs, including Avis Budget Group.
Henry Silverman is an American entrepreneur and private equity investor who founded Hospitality Franchise Systems, which became Cendant Corporation. He led Cendant through a merger, a scandal, a separation and a spin-off of its businesses.
PHH Corporation was a financial services company that offered mortgage services, employee relocation services and fleet management services. It sold its fleet business to Element Financial in 2014 and was acquired by Ocwen Financial in 2018.
He was prosecuted by the U.S. Attorney's Office for the District of New Jersey and convicted of one count of conspiracy to commit securities fraud, and two counts of making false statements, for inflating reported incomes for the Cendant Corporation, when he was Chief Executive Officer of that company in the 1990s, and at its predecessor company CUC International.
Anywhere Real Estate is a real estate services company that owns and franchises several brands, such as Century 21 and Coldwell Banker. It was formed in 2006 from a spin-off of Cendant and changed its name from Realogy in 2022.
Wyndham Hotels & Resorts is an American hospitality company and the largest hotel franchisor in the world. It operates 25 hotel brands, including Days Inn, Howard Johnson, Ramada, Super 8 and Travelodge, and was spun off from Wyndham Worldwide in 2018.
NRT (company) is a subsidiary of Anywhere Real Estate, Inc. that owns and operates more than 40 brokerage firms in the US. It was formed in 1996 as a joint venture between Cendant and Apollo Management and operates under various brands such as Coldwell Banker and Sotheby's International Realty.
Avis Budget Group is the parent company of several car rental brands, including Avis Car Rental, Budget Rent a Car, Payless Car Rental and Zipcar. It operates worldwide and was formed in 2006 as a spin-off from Cendant.
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