EXHIBIT 16 January 22, 1998 Securities and Exchange Commission Mail Stop 9-5 450 Fifth St., N.W. Washington, DC 20549 Dear Sirs: We have read Item 4 of Form 8-K dated January 22, 1998 of Cendant Corporation and are in agreement with the statements contained in paragraphs (a)(i) and (a)(ii) and (a)(iv) through and including (a)(vi) on Page 2 therein. We have no basis to agree or disagree with other statements of the registrant contained therein. Very truly yours, /s/ Ernst & Young LLP Ernst & Young LLP