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10-K Filing

PHH CORP CIK: 77776 FY 2016
Filing Information
Form Type 10-K
Accession Number 0000077776-17-000005
Period End Date 20161231
Filing Date 20170228
Fiscal Year 2016
Fiscal Period FY
XBRL Instance phh-20161231.xml
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.26B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 55.01M shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $47.00M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $57.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 53.60M shares Point-in-time
Mortgage loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $683.00M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 55.01M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 53.60M shares Point-in-time
Mortgage loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $743.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $66.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $81.00M USD Point-in-time
Benefit pension plan, net of income tax benefits AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax $6.00M USD Point-in-time
Benefit pension plan, net of income tax benefits AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax $6.00M USD Point-in-time
Amounts reclassified out of Accumulated other comprehensive loss ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax - USD Annual
Servicing advances, net ServicingAdvancesNet $628.00M USD Point-in-time
Servicing advances, net ServicingAdvancesNet $691.00M USD Point-in-time
Amounts reclassified out of Accumulated other comprehensive loss ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax - USD Annual
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.00B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.28B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $880.00M USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $690.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $36.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $47.00M USD Point-in-time
Other assets OtherAssets $109.00M USD Point-in-time
Other assets OtherAssets $247.00M USD Point-in-time
Total assets Assets $3.64B USD Point-in-time
Total assets Assets $3.17B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $251.00M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $193.00M USD Point-in-time
Subservicing advance liabilities SubservicingAdvanceLiabilities $314.00M USD Point-in-time
Subservicing advance liabilities SubservicingAdvanceLiabilities $290.00M USD Point-in-time
Debt, net DebtLongtermAndShorttermCombinedAmount $1.26B USD Point-in-time
Debt, net DebtLongtermAndShorttermCombinedAmount $1.35B USD Point-in-time
Deferred taxes, net DeferredTaxLiabilities $182.00M USD Point-in-time
Deferred taxes, net DeferredTaxLiabilities $101.00M USD Point-in-time
Loan repurchase and indemnification liability LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations $62.00M USD Point-in-time
Loan repurchase and indemnification liability LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations $49.00M USD Point-in-time
Other liabilities OtherLiabilities $137.00M USD Point-in-time
Other liabilities OtherLiabilities $157.00M USD Point-in-time
Total liabilities Liabilities $2.29B USD Point-in-time
Total liabilities Liabilities $2.05B USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 53,599,433 shares issued and outstanding at December 31, 2016; 55,007,983 shares issued and outstanding at December 31, 2015 CommonStockValue $1.00M USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 53,599,433 shares issued and outstanding at December 31, 2016; 55,007,983 shares issued and outstanding at December 31, 2015 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $911.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $887.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $416.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $214.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.00M USD Point-in-time
Total PHH Corporation stockholders equity StockholdersEquity $1.09B USD Point-in-time
Total PHH Corporation stockholders equity StockholdersEquity $1.32B USD Point-in-time
Noncontrolling interest MinorityInterest $31.00M USD Point-in-time
Noncontrolling interest MinorityInterest $30.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.57B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $3.17B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $3.64B USD Point-in-time
Income Statement 135 line items
Line Item Tag Value Unit Period
Origination and other loan fees FeesAndCommissionsMortgageBanking $280.00M USD Annual
Origination and other loan fees FeesAndCommissionsMortgageBanking $231.00M USD Annual
Origination and other loan fees FeesAndCommissionsMortgageBanking $284.00M USD Annual
Gain on loans held for sale, net GainLossOnSalesOfLoansNet $298.00M USD Annual
Gain on loans held for sale, net GainLossOnSalesOfLoansNet $262.00M USD Annual
Gain on loans held for sale, net GainLossOnSalesOfLoansNet $264.00M USD Annual
Loan servicing income ServicingFeesNet $394.00M USD Annual
Loan servicing income ServicingFeesNet $448.00M USD Annual
Loan servicing income ServicingFeesNet $353.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $187.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $320.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $238.00M USD Annual
Net derivative gain related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $29.00M USD Annual
Net derivative gain related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $10.00M USD Annual
Net derivative gain related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $82.00M USD Annual
Net loan servicing income NetLoanServicingIncomeLoss $236.00M USD Annual
Net loan servicing income NetLoanServicingIncomeLoss $210.00M USD Annual
Net loan servicing income NetLoanServicingIncomeLoss $125.00M USD Annual
Interest income InterestIncome $44.00M USD Annual
Interest income InterestIncome $42.00M USD Annual
Interest income InterestIncome $43.00M USD Annual
Secured interest expense SecuredInterestExpense $35.00M USD Annual
Secured interest expense SecuredInterestExpense $33.00M USD Annual
Secured interest expense SecuredInterestExpense $35.00M USD Annual
Unsecured interest expense UnsecuredInterestExpense $42.00M USD Annual
Unsecured interest expense UnsecuredInterestExpense $95.00M USD Annual
Unsecured interest expense UnsecuredInterestExpense $55.00M USD Annual
Net interest expense InterestIncomeExpenseNet $-88.00M USD Annual
Net interest expense InterestIncomeExpenseNet $-32.00M USD Annual
Net interest expense InterestIncomeExpenseNet $-46.00M USD Annual
Other (loss) income NonoperatingIncomeExpense $18.00M USD Annual
Other (loss) income NonoperatingIncomeExpense $22.00M USD Annual
Other (loss) income NonoperatingIncomeExpense $-13.00M USD Annual
Net revenues Revenues $197.00M USD 1 Quarter
Net revenues Revenues $72.00M USD 1 Quarter
Net revenues Revenues $639.00M USD Annual
Net revenues Revenues $169.00M USD 1 Quarter
Net revenues Revenues $790.00M USD Annual
Net revenues Revenues $157.00M USD 1 Quarter
Net revenues Revenues $123.00M USD 1 Quarter
Net revenues Revenues $261.00M USD 1 Quarter
Net revenues Revenues $196.00M USD 1 Quarter
Net revenues Revenues $622.00M USD Annual
Net revenues Revenues $237.00M USD 1 Quarter
Salaries and related expenses LaborAndRelatedExpense $358.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $345.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $323.00M USD Annual
Commissions Commissions $79.00M USD Annual
Commissions Commissions $78.00M USD Annual
Commissions Commissions $64.00M USD Annual
Loan origination expenses LoanProcessingFee $91.00M USD Annual
Loan origination expenses LoanProcessingFee $64.00M USD Annual
Loan origination expenses LoanProcessingFee $85.00M USD Annual
Foreclosure and repossession expenses ForeclosedRealEstateExpense $51.00M USD Annual
Foreclosure and repossession expenses ForeclosedRealEstateExpense $56.00M USD Annual
Foreclosure and repossession expenses ForeclosedRealEstateExpense $35.00M USD Annual
Professional and third-party service fees ProfessionalFees $171.00M USD Annual
Professional and third-party service fees ProfessionalFees $156.00M USD Annual
Professional and third-party service fees ProfessionalFees $127.00M USD Annual
Technology equipment and software expenses TechnologyEquipmentAndSoftwareExpenses $42.00M USD Annual
Technology equipment and software expenses TechnologyEquipmentAndSoftwareExpenses $37.00M USD Annual
Technology equipment and software expenses TechnologyEquipmentAndSoftwareExpenses $37.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $47.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $50.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $51.00M USD Annual
Depreciation and amortization OtherDepreciationAndAmortization $23.00M USD Annual
Depreciation and amortization OtherDepreciationAndAmortization $18.00M USD Annual
Depreciation and amortization OtherDepreciationAndAmortization $16.00M USD Annual
Exit and disposal costs RestructuringAndRelatedCostIncurredCost - USD Annual
Exit and disposal costs RestructuringAndRelatedCostIncurredCost - USD Annual
Exit and disposal costs RestructuringAndRelatedCostIncurredCost $41.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $108.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $116.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $183.00M USD Annual
Total expenses OperatingExpenses $923.00M USD Annual
Total expenses OperatingExpenses $1.00B USD Annual
Total expenses OperatingExpenses $926.00M USD Annual
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-20.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-284.00M USD Annual
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-29.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-74.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-206.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-49.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-87.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-83.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-213.00M USD Annual
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $31.00M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-304.00M USD Annual
Income tax benefit IncomeTaxExpenseBenefit $-111.00M USD Annual
Income tax benefit IncomeTaxExpenseBenefit $-99.00M USD Annual
Income tax benefit IncomeTaxExpenseBenefit $-82.00M USD Annual
Loss from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-185.00M USD Annual
Loss from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-193.00M USD Annual
Loss from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-131.00M USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $272.00M USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD Annual
Net (loss) income ProfitLoss $-21.00M USD 1 Quarter
Net (loss) income ProfitLoss $-51.00M USD 1 Quarter
Net (loss) income ProfitLoss $-9.00M USD 1 Quarter
Net (loss) income ProfitLoss $-133.00M USD 1 Quarter
Net (loss) income ProfitLoss $23.00M USD 1 Quarter
Net (loss) income ProfitLoss $-131.00M USD Annual
Net (loss) income ProfitLoss $-193.00M USD Annual
Net (loss) income ProfitLoss $87.00M USD Annual
Net (loss) income ProfitLoss $-30.00M USD 1 Quarter
Net (loss) income ProfitLoss $-56.00M USD 1 Quarter
Net (loss) income ProfitLoss $-47.00M USD 1 Quarter
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $9.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $14.00M USD Annual
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-54.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-12.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-202.00M USD Annual
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-50.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-133.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-145.00M USD Annual
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $81.00M USD Annual
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $21.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-62.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-30.00M USD 1 Quarter
Net (loss) income attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-27.00M USD 1 Quarter
From continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-3.47 USD Annual
From continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-3.77 USD Annual
From continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-2.62 USD Annual
From discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $4.94 USD Annual
From discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare - USD Annual
From discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare - USD Annual
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-0.56 USD 1 Quarter
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-2.62 USD Annual
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-0.22 USD 1 Quarter
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-2.49 USD 1 Quarter
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-0.50 USD 1 Quarter
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $1.47 USD Annual
Total attributable to PHH Corporation (in dollars per share) EarningsPerShareBasicAndDiluted $-3.77 USD Annual
Cash Flow Statement 133 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-21.00M USD 1 Quarter
Net (loss) income ProfitLoss $-51.00M USD 1 Quarter
Net (loss) income ProfitLoss $-9.00M USD 1 Quarter
Net (loss) income ProfitLoss $-133.00M USD 1 Quarter
Net (loss) income ProfitLoss $23.00M USD 1 Quarter
Net (loss) income ProfitLoss $-131.00M USD Annual
Net (loss) income ProfitLoss $-193.00M USD Annual
Net (loss) income ProfitLoss $87.00M USD Annual
Net (loss) income ProfitLoss $-30.00M USD 1 Quarter
Net (loss) income ProfitLoss $-56.00M USD 1 Quarter
Net (loss) income ProfitLoss $-47.00M USD 1 Quarter
Net gain on sale of business DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD Annual
Net gain on sale of business DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $241.00M USD Annual
Net gain on sale of business DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $60.00M USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $101.00M USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $97.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $238.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $228.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $158.00M USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease - USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease - USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $596.00M USD Annual
Depreciation and amortization DepreciationAndAmortizationIncludingContinuingAndDiscontinuedOperations $18.00M USD Annual
Depreciation and amortization DepreciationAndAmortizationIncludingContinuingAndDiscontinuedOperations $16.00M USD Annual
Depreciation and amortization DepreciationAndAmortizationIncludingContinuingAndDiscontinuedOperations $28.00M USD Annual
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-30.00M USD Annual
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-24.00M USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $10.51B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $13.51B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $12.61B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $12.78B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $13.96B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $10.84B USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $297.00M USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $230.00M USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $266.00M USD Annual
Deferred income tax benefit DeferredIncomeTaxNoncashExpenseBenefit $-96.00M USD Annual
Deferred income tax benefit DeferredIncomeTaxNoncashExpenseBenefit $-70.00M USD Annual
Deferred income tax benefit DeferredIncomeTaxNoncashExpenseBenefit $-91.00M USD Annual
Asset impairments AssetImpairmentCharges - USD Annual
Asset impairments AssetImpairmentCharges $38.00M USD Annual
Asset impairments AssetImpairmentCharges - USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-61.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $492.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-76.00M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $73.00M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $121.00M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-11.00M USD Annual
Net cash received on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-35.00M USD Annual
Net cash received on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-70.00M USD Annual
Net cash received on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-60.00M USD Annual
Proceeds on sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $47.00M USD Annual
Proceeds on sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $12.00M USD Annual
Proceeds on sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $67.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $17.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $31.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $15.00M USD Annual
(Increase) decrease in restricted cash IncreaseDecreaseInRestrictedCash $87.00M USD Annual
(Increase) decrease in restricted cash IncreaseDecreaseInRestrictedCash $10.00M USD Annual
(Increase) decrease in restricted cash IncreaseDecreaseInRestrictedCash $-9.00M USD Annual
Proceeds from sale of business, net of cash transferred and transaction costs ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD Annual
Proceeds from sale of business, net of cash transferred and transaction costs ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD Annual
Proceeds from sale of business, net of cash transferred and transaction costs ProceedsFromDivestitureOfBusinessesNetOfCashDivested $1.10B USD Annual
Purchases of certificates of deposit PaymentsToAcquireRestrictedCertificatesOfDeposit - USD Annual
Purchases of certificates of deposit PaymentsToAcquireRestrictedCertificatesOfDeposit $250.00M USD Annual
Purchases of certificates of deposit PaymentsToAcquireRestrictedCertificatesOfDeposit - USD Annual
Proceeds from maturities of certificates of deposit ProceedsFromMaturitiesOfCertificatesOfDeposit - USD Annual
Proceeds from maturities of certificates of deposit ProceedsFromMaturitiesOfCertificatesOfDeposit - USD Annual
Proceeds from maturities of certificates of deposit ProceedsFromMaturitiesOfCertificatesOfDeposit $250.00M USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease - USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease $850.00M USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease - USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles - USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles $201.00M USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles - USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-5.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-7.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-2.00M USD Annual
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $489.00M USD Annual
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $50.00M USD Annual
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $62.00M USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $17.21B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $12.31B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $18.25B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $18.07B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $17.38B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $12.39B USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $435.00M USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $245.00M USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt - USD Annual
Cash tender premiums for convertible debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Cash tender premiums for convertible debt PaymentsOfDebtExtinguishmentCosts $30.00M USD Annual
Cash tender premiums for convertible debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Issuances of Common stock ProceedsFromIssuanceOfCommonStock $10.00M USD Annual
Issuances of Common stock ProceedsFromIssuanceOfCommonStock - USD Annual
Issuances of Common stock ProceedsFromIssuanceOfCommonStock $2.00M USD Annual
Repurchase of Common stock PaymentsForRepurchaseOfCommonStock $200.00M USD Annual
Repurchase of Common stock PaymentsForRepurchaseOfCommonStock $23.00M USD Annual
Repurchase of Common stock PaymentsForRepurchaseOfCommonStock $77.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $7.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $21.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $4.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $4.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $8.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $10.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-4.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities - USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-3.00M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-536.00M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-123.00M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-464.00M USD Annual
Net increase (decrease) in Cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease - USD Annual
Net increase (decrease) in Cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-353.00M USD Annual
Net increase (decrease) in Cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $14.00M USD Annual
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.26B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.26B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $906.00M USD Point-in-time
Interest payments InterestPaid $66.00M USD Annual
Interest payments InterestPaid $125.00M USD Annual
Interest payments InterestPaid $72.00M USD Annual
Income tax (refunds) payments, net IncomeTaxesPaidNet $-29.00M USD Annual
Income tax (refunds) payments, net IncomeTaxesPaidNet $543.00M USD Annual
Income tax (refunds) payments, net IncomeTaxesPaidNet $9.00M USD Annual
Payments for debt retirement premiums PaymentsOfDebtRetirementPremiums - USD Annual
Payments for debt retirement premiums PaymentsOfDebtRetirementPremiums $22.00M USD Annual
Payments for debt retirement premiums PaymentsOfDebtRetirementPremiums - USD Annual
Stockholders Equity 31 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.57B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 55.01M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 53.60M shares Point-in-time
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-130.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $60.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-193.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $10.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $8.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $-9.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $16.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $2.00M USD Annual
Repurchase and retirement of Common stock StockRepurchasedAndRetiredDuringPeriodValue $78.00M USD Annual
Repurchase and retirement of Common stock StockRepurchasedAndRetiredDuringPeriodValue $200.00M USD Annual
Repurchase and retirement of Common stock StockRepurchasedAndRetiredDuringPeriodValue $23.00M USD Annual
Conversion of Convertible notes StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments $-18.00M USD Annual
Conversion of Convertible notes StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments $-4.00M USD Annual
Recognition of deferred taxes related to Convertible notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $2.00M USD Annual
Recognition of deferred taxes related to Convertible notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $5.00M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.57B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 55.01M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 53.60M shares Point-in-time
Comprehensive Income 29 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-21.00M USD 1 Quarter
Net (loss) income ProfitLoss $-51.00M USD 1 Quarter
Net (loss) income ProfitLoss $-9.00M USD 1 Quarter
Net (loss) income ProfitLoss $-133.00M USD 1 Quarter
Net (loss) income ProfitLoss $23.00M USD 1 Quarter
Net (loss) income ProfitLoss $-131.00M USD Annual
Net (loss) income ProfitLoss $-193.00M USD Annual
Net (loss) income ProfitLoss $87.00M USD Annual
Net (loss) income ProfitLoss $-30.00M USD 1 Quarter
Net (loss) income ProfitLoss $-56.00M USD 1 Quarter
Net (loss) income ProfitLoss $-47.00M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax - USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-22.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax - USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $5.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-27.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $1.00M USD Annual
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax - USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-130.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $60.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-193.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.00M USD Annual
Comprehensive (loss) income attributable to PHH Corporation ComprehensiveIncomeNetOfTax $-202.00M USD Annual
Comprehensive (loss) income attributable to PHH Corporation ComprehensiveIncomeNetOfTax $-144.00M USD Annual
Comprehensive (loss) income attributable to PHH Corporation ComprehensiveIncomeNetOfTax $54.00M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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