EXHIBIT 21 CENDANT CORPORATION AND SUBSIDIARIES SIGNIFICANT SUBSIDIARIES SUBSIDIARY STATE OF INCORPORATION - ---------- ---------------------- Boardpost United Kingdom Cendant Capital II DE Cendant Capital III DE Cendant Capital IV DE Cendant Mortgage Corporation NJ Cendant Stock Corporation DE HFS New York Corp. NY Pointeuro II Limited United Kingdom Pointeuro III United Kingdom TM Acquisition Corp. DE