10-Q Filing

PHH CORP CIK: 77776 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000077776-17-000027`
Period End Date	20170630
Filing Date	20170809
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	phh-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 92 Cash Flow Statement 68 Stockholders Equity 27 Comprehensive Income 16

Balance Sheet 82 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	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`	$1.00B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$75.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	51.95M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$57.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$625.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$683.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.60M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	51.95M	shares	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`	$66.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$74.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$473.00M	USD	Point-in-time
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	1 Quarter
Servicing advances, net	`ServicingAdvancesNet`	$628.00M	USD	Point-in-time
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	2 Qtrs
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	1 Quarter
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	2 Qtrs
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$880.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$690.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$679.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$555.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$28.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.00M	USD	Point-in-time
Other assets	`OtherAssets`	$109.00M	USD	Point-in-time
Other assets	`OtherAssets`	$75.00M	USD	Point-in-time
Total assets	`Assets`	$2.91B	USD	Point-in-time
Total assets	`Assets`	$3.17B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$205.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$193.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$290.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$205.00M	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	-	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	$114.00M	USD	Point-in-time
Debt, net	`DebtLongtermAndShorttermCombinedAmount`	$1.26B	USD	Point-in-time
Debt, net	`DebtLongtermAndShorttermCombinedAmount`	$1.19B	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	$11.00M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	$101.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$41.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$49.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$160.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$157.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.93B	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
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; 51,949,019 shares issued and outstanding at June 30, 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; 51,949,019 shares issued and outstanding at June 30, 2017; 53,599,433 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$863.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$887.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$214.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$101.00M	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`	$955.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$23.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$31.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.17B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.91B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$79.00M	USD	1 Quarter
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$140.00M	USD	2 Qtrs
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$81.00M	USD	2 Qtrs
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$37.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$77.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$52.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$125.00M	USD	2 Qtrs
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$94.00M	USD	2 Qtrs
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$28.00M	USD	1 Quarter
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$99.00M	USD	2 Qtrs
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$44.00M	USD	1 Quarter
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$61.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-16.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-6.00M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-13.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-7.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$3.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$3.00M	USD	2 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	$1.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$5.00M	USD	2 Qtrs
Net revenues	`Revenues`	$353.00M	USD	2 Qtrs
Net revenues	`Revenues`	$226.00M	USD	2 Qtrs
Net revenues	`Revenues`	$112.00M	USD	1 Quarter
Net revenues	`Revenues`	$196.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$92.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$161.00M	USD	2 Qtrs
Salaries and related expenses	`LaborAndRelatedExpense`	$75.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$182.00M	USD	2 Qtrs
Commissions	`Commissions`	$18.00M	USD	1 Quarter
Commissions	`Commissions`	$25.00M	USD	2 Qtrs
Commissions	`Commissions`	$14.00M	USD	1 Quarter
Commissions	`Commissions`	$30.00M	USD	2 Qtrs
Loan origination expenses	`LoanProcessingFee`	$18.00M	USD	1 Quarter
Loan origination expenses	`LoanProcessingFee`	$34.00M	USD	2 Qtrs
Loan origination expenses	`LoanProcessingFee`	$18.00M	USD	2 Qtrs
Loan origination expenses	`LoanProcessingFee`	$9.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$9.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$5.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$12.00M	USD	2 Qtrs
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$16.00M	USD	2 Qtrs
Professional and third-party service fees	`ProfessionalFees`	$67.00M	USD	2 Qtrs
Professional and third-party service fees	`ProfessionalFees`	$37.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$76.00M	USD	2 Qtrs
Professional and third-party service fees	`ProfessionalFees`	$30.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$18.00M	USD	2 Qtrs
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$10.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$20.00M	USD	2 Qtrs
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`	$18.00M	USD	2 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$24.00M	USD	2 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$11.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$5.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$9.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	2 Qtrs
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$41.00M	USD	2 Qtrs
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$16.00M	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$47.00M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$25.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$16.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$31.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$216.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$422.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$195.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$414.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-188.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-69.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-33.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-67.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-11.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-30.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00M	USD	2 Qtrs
Less: net (loss) income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-8.00M	USD	2 Qtrs
Less: net (loss) income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-12.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.00M	USD	2 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-113.00M	USD	2 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-46.00M	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.78	USD	2 Qtrs
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-2.11	USD	2 Qtrs
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.86	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00M	USD	2 Qtrs
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$18.00M	USD	2 Qtrs
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$30.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-58.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-47.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-29.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-83.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	-	USD	1 Quarter
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	-	USD	2 Qtrs
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$-1.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$-1.00M	USD	1 Quarter
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$5.05B	USD	2 Qtrs
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$3.79B	USD	2 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$3.98B	USD	2 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$5.00B	USD	2 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$121.00M	USD	2 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$134.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$5.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$9.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-90.00M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-58.00M	USD	2 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-84.00M	USD	2 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-148.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-136.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.00M	USD	2 Qtrs
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-146.00M	USD	2 Qtrs
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$45.00M	USD	2 Qtrs
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$20.00M	USD	1 Quarter
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$91.00M	USD	2 Qtrs
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$4.00M	USD	2 Qtrs
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	-	USD	2 Qtrs
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	$11.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.00M	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$7.00M	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$18.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$139.00M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$39.00M	USD	2 Qtrs
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$4.46B	USD	2 Qtrs
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$6.01B	USD	2 Qtrs
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$5.89B	USD	2 Qtrs
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$4.53B	USD	2 Qtrs
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$102.00M	USD	2 Qtrs
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$102.00M	USD	1 Quarter
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$24.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$23.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$96.00M	USD	2 Qtrs
Net increase in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$95.00M	USD	2 Qtrs
Net increase in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$99.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00B	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`	$1.00B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Benefit from excess tax shortfall	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$9.00M	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	51.95M	shares	Point-in-time
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-50.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-39.00M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-121.00M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	2 Qtrs
Reclassification of stock awards	`AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationReclassification`	$4.00M	USD	2 Qtrs
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	2 Qtrs
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-9.00M	USD	2 Qtrs
Repurchase of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$23.00M	USD	2 Qtrs
Repurchase of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$24.00M	USD	2 Qtrs
Repurchase of Common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.51M	shares	2 Qtrs
Repurchase of Common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.76M	shares	2 Qtrs
Repurchase of Common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.76M	shares	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	51.95M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-50.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-39.00M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-121.00M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.00M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-12.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-46.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-42.00M	USD	2 Qtrs
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-113.00M	USD	2 Qtrs

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