June 03, 2008 // Franchising.com // PARSIPPANY, N.J. and MT. LAUREL, N.J. — Realogy Corporation, the world's largest real estate franchisor, and PHH Mortgage, a subsidiary of PHH Corporation (NYSE: PHH), will host their ninth annual edition of The Charity Golf Classic on Monday, June 9 at the Seaview Marriot Resort and Spa in Galloway, N.J.
Established in 2000, the event raises funds for charities supported by Realogy Corporation and PHH Mortgage. In just eight years, the event has distributed net proceeds of more than $3.3 million to charitable organizations, including contributions of $596,000 last year.
Proceeds raised this year will benefit the American Cancer Society, Big Brothers/Big Sisters, Easter Seals, Food Bank of South Jersey, Habitat for Humanity, Juvenile Diabetes Research Foundation, the Muscular Dystrophy Association, and Samaritan Hospice.
"Realogy and PHH Mortgage are exceptionally proud of the many good works made possible by The Charity Golf Classic, and we applaud the ongoing generosity of our sponsors," said Richard A. Smith, president & CEO of Realogy Corporation. "We have seen firsthand how our collective contribution to these organizations has benefited so many deserving individuals, and we have a strong drive to continue making a world of difference."
This year's event features a trio of professionals, including Hale Irwin, whose total of 20 PGA Tour victories includes three U.S. Open titles in 1974, 1979 and 1990 – he has since won a record 45 tournaments on the Champions Tour and is now actively involved in golf course design; Suzy Whaley, an award-winning player and teaching professional who in 2003 became the first woman to qualify and participate in a PGA Tour event since Babe Zaharias in 1945; and Kevin Hall, a former Big Ten champion from Ohio State who in 2005 became the first deaf person to play in a PGA Tour event and is currently competing on the NGA Hooters Tour. These three professionals will co-host a golf clinic in the morning, participate in the tournament and assist with the live charity auction that evening.
Among the many items that will be auctioned off to support this event are: premier vacation trips, exclusive dinners, jewelry, electronics and a wide range of autographed sports memorabilia, including special items signed by Arnold Palmer, Jack Nicklaus and Tiger Woods.
The Charity Golf Classic is a business entity of The Realogy Foundation. The Realogy Foundation, Inc. is a 501(c)(3) public charity incorporated in Delaware (Tax ID# 20-0755090). The Foundation's mission is to better the quality of life in communities where Realogy Corporation and PHH Mortgage have a presence. Contributions to The Charity Golf Classic are tax-deductible as provided by law. Donors should consult their tax advisors for complete information about contributions eligible for tax deduction.
Realogy Corporation, a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy's world-renowned brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy's franchise systems have approximately 16,000 offices and 307,000 sales associates doing business in 90 countries around the world. Headquartered in Parsippany, N.J., Realogy (www.realogy.com) has approximately 13,000 employees worldwide. Realogy is owned by affiliates of Apollo Management, L.P., a leading private equity and capital markets investor.
PHH Mortgage is the industry's leading provider of private label mortgage services and the top originator of mortgage loans by phone. A subsidiary of PHH Corporation (NYSE: PHH), PHH Mortgage provides mortgage services to financial institutions, real estate brokers, affinity groups, credit unions, corporations, and government agencies.
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary PHH Mortgage is one of the top ten retail originators of residential mortgages in the United States1, and its subsidiary, PHH Arval is a leading fleet management services provider in the United States and Canada. For additional information about the company and its subsidiaries, please visit our website at www.phh.com.
1 Inside Mortgage Finance, copyright 2008