EXHIBIT 23
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this
Registration Statement of PHH Corporation (a wholly-owned subsidiary of
Cendant Corporation) on Form S-3 of our report dated February 28, 2000
appearing in the Annual Report on Form 10-K of PHH Corporation for the year
ended December 31, 1999 and to the reference to us under the heading
"Experts" in the Prospectus, which is part of this Registration Statement.
/s/ Deloitte & Touche LLP
Parsippany, New Jersey
September 21, 2000
