First follow this guide: http://corefonts.sourceforge.net/
install xfs:
sudo yum install xfs
then install chkfontpath from centos i386 architecture:
sudo rpm -ivh http://mirror.centos.org/centos/5/os/i386/CentOS/chkfontpath-1.10.1-1.1.i386.rpm
after that the command
sudo rpm -ivh $HOME/rpmbuild/RPMS/noarch/msttcorefonts-2.0-1.noarch.rpm
error: Failed dependencies:
/src/sbin/chkfontpath is needed by msttcorefonts-2.0-1.noarch
should work