Exhibit 21
Cendant Corporation and Subsidiaries
SIGNIFICANT SUBSIDIARIES
Subsidiary State of Incorporation
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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