Cendant Mortgage, formerly PHH Mortgage Services, said it closed $6.94 billion of mortgages in the third quarter, up 96% from a year earlier. The rise for the first nine months of the year was more than 50%, to $18 billion.

The company, which lends through an "800" number, is part of the real estate division of Cendant Corp. of Parsippany, N.J. Cendant Corp.'s real estate businesses earned $197 million in the quarter, up 51% from last year. Mortgage revenue grew 55%, to $79.9 million.

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