10-Q Filing

PHH CORP CIK: 77776 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0000077776-17-000018`
Period End Date	20170331
Filing Date	20170510
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	phh-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 58 Cash Flow Statement 52 Stockholders Equity 18 Comprehensive Income 8

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd 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 usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$936.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	273.91M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$937.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$64.00M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	53.61M	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$683.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.60M	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$471.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$66.00M	USD	Point-in-time
Pension adjustment, income tax benefit	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax`	$6.00M	USD	Point-in-time
Pension adjustment, income tax benefit	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax`	$6.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$61.00M	USD	Point-in-time
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	1 Quarter
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	1 Quarter
Servicing advances, net	`ServicingAdvancesNet`	$628.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$599.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$690.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$880.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$770.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$596.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.00M	USD	Point-in-time
Other assets	`OtherAssets`	$92.00M	USD	Point-in-time
Other assets	`OtherAssets`	$109.00M	USD	Point-in-time
Total assets	`Assets`	$3.17B	USD	Point-in-time
Total assets	`Assets`	$2.85B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$185.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$193.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$271.00M	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`	$1.08B	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	$101.00M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	$69.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$49.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$43.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$149.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$157.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.80B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.05B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.17B	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; 53,612,801 shares issued and outstanding at March 31, 2017; 53,599,433 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 53,612,801 shares issued and outstanding at March 31, 2017; 53,599,433 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$887.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$886.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$214.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$147.00M	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`	$1.02B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$27.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$31.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	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`	$1.05B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$61.00M	USD	1 Quarter
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$44.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$48.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$42.00M	USD	1 Quarter
Loan servicing income	`ServicingFeesNet`	$62.00M	USD	1 Quarter
Loan servicing income	`ServicingFeesNet`	$91.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$121.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$29.00M	USD	1 Quarter
Net derivative gain related to mortgage servicing rights	`MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	1 Quarter
Net derivative gain related to mortgage servicing rights	`MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$85.00M	USD	1 Quarter
Net loan servicing income	`NetLoanServicingIncomeLoss`	$55.00M	USD	1 Quarter
Net loan servicing income	`NetLoanServicingIncomeLoss`	$33.00M	USD	1 Quarter
Interest income	`InterestIncome`	$9.00M	USD	1 Quarter
Interest income	`InterestIncome`	$9.00M	USD	1 Quarter
Secured interest expense	`SecuredInterestExpense`	$6.00M	USD	1 Quarter
Secured interest expense	`SecuredInterestExpense`	$8.00M	USD	1 Quarter
Unsecured interest expense	`UnsecuredInterestExpense`	$10.00M	USD	1 Quarter
Unsecured interest expense	`UnsecuredInterestExpense`	$10.00M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-9.00M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-7.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$2.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$2.00M	USD	1 Quarter
Net revenues	`Revenues`	$114.00M	USD	1 Quarter
Net revenues	`Revenues`	$157.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$90.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$86.00M	USD	1 Quarter
Commissions	`Commissions`	$12.00M	USD	1 Quarter
Commissions	`Commissions`	$11.00M	USD	1 Quarter
Loan origination expenses	`LoanProcessingFee`	$16.00M	USD	1 Quarter
Loan origination expenses	`LoanProcessingFee`	$9.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$7.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$7.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$39.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$37.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$10.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$9.00M	USD	1 Quarter
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$9.00M	USD	1 Quarter
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$13.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$4.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$4.00M	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$25.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$15.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$22.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$206.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$219.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-34.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-19.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-30.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-67.00M	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.26	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.56	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$11.00M	USD	1 Quarter
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$13.00M	USD	1 Quarter
Net loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$29.00M	USD	1 Quarter
Net loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$36.00M	USD	1 Quarter
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$2.15B	USD	1 Quarter
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$1.74B	USD	1 Quarter
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$2.22B	USD	1 Quarter
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$2.01B	USD	1 Quarter
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$53.00M	USD	1 Quarter
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$53.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$4.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$4.00M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-38.00M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-32.00M	USD	1 Quarter
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-52.00M	USD	1 Quarter
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-44.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$192.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.00M	USD	1 Quarter
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$46.00M	USD	1 Quarter
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-79.00M	USD	1 Quarter
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$71.00M	USD	1 Quarter
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$2.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$7.00M	USD	1 Quarter
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$6.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.00M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$74.00M	USD	1 Quarter
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$1.91B	USD	1 Quarter
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$2.57B	USD	1 Quarter
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$2.09B	USD	1 Quarter
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$2.61B	USD	1 Quarter
Repurchase of Common stock	`PaymentsForRepurchaseOfCommonStock`	$23.00M	USD	1 Quarter
Repurchase of Common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-64.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-180.00M	USD	1 Quarter
Net increase in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$31.00M	USD	1 Quarter
Net increase in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$30.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$936.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$937.00M	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`	$936.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$937.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	53.61M	shares	Point-in-time
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-71.00M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Reclassification of stock awards	`AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationReclassification`	$4.00M	USD	1 Quarter
Repurchase of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$23.00M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	53.61M	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-71.00M	USD	1 Quarter
Less: comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Less: comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-30.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-67.00M	USD	1 Quarter

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