10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000077776-17-000032 |
| Period End Date | 20170930 |
| Filing Date | 20171108 |
| Fiscal Year | 2017 |
| Fiscal Period | Q3 |
| XBRL Instance | phh-20170930.xml |
Filing Contents
This filing contains the following financial statements:
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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$996.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$906.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$906.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$494.00M | 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 |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
53.60M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
32.54M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$52.00M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$57.00M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
32.54M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
53.60M | shares | Point-in-time |
| Mortgage loans held for sale |
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
|
$590.00M | USD | Point-in-time |
| Mortgage loans held for sale |
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
|
$683.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$94.00M | 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 |
| Amounts reclassified out of accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 3 Qtrs |
| Servicing advances, net |
ServicingAdvancesNet
|
$413.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvancesNet
|
$628.00M | USD | Point-in-time |
| Amounts reclassified out of accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 3 Qtrs |
| Amounts reclassified out of accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 1 Quarter |
| Amounts reclassified out of accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 1 Quarter |
| Mortgage servicing rights |
ServicingAssetAtFairValueAmount
|
$500.00M | 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
|
$24.00M | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxAssetsLiabilitiesNet
|
- | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxAssetsLiabilitiesNet
|
$80.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$109.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$54.00M | USD | Point-in-time |
| Total assets |
Assets
|
$2.30B | USD | Point-in-time |
| Total assets |
Assets
|
$3.17B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$193.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$218.00M | USD | Point-in-time |
| Subservicing advance liabilities |
SubservicingAdvanceLiabilities
|
$290.00M | USD | Point-in-time |
| Subservicing advance liabilities |
SubservicingAdvanceLiabilities
|
$228.00M | USD | Point-in-time |
| Mortgage servicing rights secured liability |
MortgageServicingRightsSecuredBorrowingLiability
|
- | USD | Point-in-time |
| Mortgage servicing rights secured liability |
MortgageServicingRightsSecuredBorrowingLiability
|
$440.00M | USD | Point-in-time |
| Debt, net |
DebtLongtermAndShorttermCombinedAmount
|
$1.26B | USD | Point-in-time |
| Debt, net |
DebtLongtermAndShorttermCombinedAmount
|
$653.00M | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxLiabilities
|
$101.00M | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxLiabilities
|
- | USD | Point-in-time |
| Loan repurchase and indemnification liability |
LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations
|
$38.00M | USD | Point-in-time |
| Loan repurchase and indemnification liability |
LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations
|
$49.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$86.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$157.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.66B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.05B | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Redeemable noncontrolling interest (Note 1 and Note 13) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$33.00M | USD | Point-in-time |
| Redeemable noncontrolling interest (Note 1 and Note 13) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$44.00M | 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; 32,543,288 shares issued and outstanding at September 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; 32,543,288 shares issued and outstanding at September 30, 2017; 53,599,433 shares issued and outstanding at December 31, 2016 |
CommonStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$558.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$885.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$214.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$46.00M | 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
|
$594.00M | USD | Point-in-time |
| Total PHH Corporation stockholders equity |
StockholdersEquity
|
$1.09B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.30B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.17B | USD | Point-in-time |
Income Statement
92 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$215.00M | USD | 3 Qtrs |
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$75.00M | USD | 1 Quarter |
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$114.00M | USD | 3 Qtrs |
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$33.00M | USD | 1 Quarter |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$212.00M | USD | 3 Qtrs |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$35.00M | USD | 1 Quarter |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$129.00M | USD | 3 Qtrs |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$87.00M | USD | 1 Quarter |
| Loan servicing income, net |
NetLoanServicingIncomeLoss
|
$39.00M | USD | 1 Quarter |
| Loan servicing income, net |
NetLoanServicingIncomeLoss
|
$35.00M | USD | 1 Quarter |
| Loan servicing income, net |
NetLoanServicingIncomeLoss
|
$96.00M | USD | 3 Qtrs |
| Loan servicing income, net |
NetLoanServicingIncomeLoss
|
$138.00M | USD | 3 Qtrs |
| Net interest expense |
InterestIncomeExpenseNet
|
$-23.00M | USD | 3 Qtrs |
| Net interest expense |
InterestIncomeExpenseNet
|
$-7.00M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-10.00M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-23.00M | USD | 3 Qtrs |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$8.00M | USD | 3 Qtrs |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$31.00M | USD | 3 Qtrs |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$28.00M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$3.00M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$550.00M | USD | 3 Qtrs |
| Net revenues |
Revenues
|
$347.00M | USD | 3 Qtrs |
| Net revenues |
Revenues
|
$197.00M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$121.00M | USD | 1 Quarter |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$86.00M | USD | 1 Quarter |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$268.00M | USD | 3 Qtrs |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$62.00M | USD | 1 Quarter |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$223.00M | USD | 3 Qtrs |
| Commissions |
Commissions
|
$49.00M | USD | 3 Qtrs |
| Commissions |
Commissions
|
$13.00M | USD | 1 Quarter |
| Commissions |
Commissions
|
$38.00M | USD | 3 Qtrs |
| Commissions |
Commissions
|
$19.00M | USD | 1 Quarter |
| Loan origination expenses |
LoanProcessingFee
|
$52.00M | USD | 3 Qtrs |
| Loan origination expenses |
LoanProcessingFee
|
$9.00M | USD | 1 Quarter |
| Loan origination expenses |
LoanProcessingFee
|
$18.00M | USD | 1 Quarter |
| Loan origination expenses |
LoanProcessingFee
|
$27.00M | USD | 3 Qtrs |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$26.00M | USD | 3 Qtrs |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$10.00M | USD | 1 Quarter |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$16.00M | USD | 3 Qtrs |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$4.00M | USD | 1 Quarter |
| Professional and third-party service fees |
ProfessionalFees
|
$35.00M | USD | 1 Quarter |
| Professional and third-party service fees |
ProfessionalFees
|
$92.00M | USD | 3 Qtrs |
| Professional and third-party service fees |
ProfessionalFees
|
$25.00M | USD | 1 Quarter |
| Professional and third-party service fees |
ProfessionalFees
|
$111.00M | USD | 3 Qtrs |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$10.00M | USD | 1 Quarter |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$30.00M | USD | 3 Qtrs |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$27.00M | USD | 3 Qtrs |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$9.00M | USD | 1 Quarter |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$11.00M | USD | 1 Quarter |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$35.00M | USD | 3 Qtrs |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$8.00M | USD | 1 Quarter |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$26.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$11.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$4.00M | USD | 1 Quarter |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$13.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$4.00M | USD | 1 Quarter |
| Exit and disposal costs |
RestructuringAndRelatedCostIncurredCost
|
$49.00M | USD | 3 Qtrs |
| Exit and disposal costs |
RestructuringAndRelatedCostIncurredCost
|
- | USD | 1 Quarter |
| Exit and disposal costs |
RestructuringAndRelatedCostIncurredCost
|
- | USD | 3 Qtrs |
| Exit and disposal costs |
RestructuringAndRelatedCostIncurredCost
|
$8.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$33.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$104.00M | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$57.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$64.00M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$613.00M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$648.00M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$226.00M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$199.00M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-29.00M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-98.00M | USD | 3 Qtrs |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-266.00M | USD | 3 Qtrs |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-78.00M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-8.00M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-38.00M | USD | 3 Qtrs |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-103.00M | USD | 3 Qtrs |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-36.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-21.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-163.00M | USD | 3 Qtrs |
| Net loss |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-60.00M | USD | 3 Qtrs |
| Less: net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$6.00M | USD | 1 Quarter |
| Less: net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$13.00M | USD | 1 Quarter |
| Less: net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.00M | USD | 3 Qtrs |
| Less: net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$9.00M | USD | 3 Qtrs |
| Net loss attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-69.00M | USD | 3 Qtrs |
| Net loss attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-55.00M | USD | 1 Quarter |
| Net loss attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-27.00M | USD | 1 Quarter |
| Net loss attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-168.00M | USD | 3 Qtrs |
| Basic and Diluted loss per share attributable to PHH Corporation (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-1.14 | USD | 1 Quarter |
| Basic and Diluted loss per share attributable to PHH Corporation (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-1.28 | USD | 3 Qtrs |
| Basic and Diluted loss per share attributable to PHH Corporation (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-0.50 | USD | 1 Quarter |
| Basic and Diluted loss per share attributable to PHH Corporation (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-3.25 | USD | 3 Qtrs |
Cash Flow Statement
85 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-21.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-163.00M | USD | 3 Qtrs |
| Net loss |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-60.00M | USD | 3 Qtrs |
| Capitalization of originated mortgage servicing rights |
ServicingAssetAtFairValueAdditionsOriginatedMSRs
|
$28.00M | USD | 3 Qtrs |
| Capitalization of originated mortgage servicing rights |
ServicingAssetAtFairValueAdditionsOriginatedMSRs
|
$45.00M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$-93.00M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$-35.00M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$-50.00M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$-133.00M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights secured liability |
ChangeinFairValueofMortgageServicingRightsSecuredLiability
|
$27.00M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights secured liability |
ChangeinFairValueofMortgageServicingRightsSecuredLiability
|
$28.00M | USD | 1 Quarter |
| 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 | 3 Qtrs |
| Loss on early extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-34.00M | USD | 1 Quarter |
| Loss on early extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 3 Qtrs |
| Loss on early extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-34.00M | USD | 3 Qtrs |
| Gain on PHH Home Loans asset sales |
GainLossOnDispositionOfAssets1
|
$28.00M | USD | 1 Quarter |
| Gain on PHH Home Loans asset sales |
GainLossOnDispositionOfAssets1
|
$28.00M | USD | 3 Qtrs |
| Gain on PHH Home Loans asset sales |
GainLossOnDispositionOfAssets1
|
- | USD | 3 Qtrs |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$5.69B | USD | 3 Qtrs |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$7.85B | USD | 3 Qtrs |
| Proceeds on sale of and payments from mortgage loans held for sale |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$8.03B | USD | 3 Qtrs |
| Proceeds on sale of and payments from mortgage loans held for sale |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$5.99B | USD | 3 Qtrs |
| Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives |
NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives
|
$219.00M | USD | 3 Qtrs |
| Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives |
NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives
|
$182.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$11.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$4.00M | USD | 1 Quarter |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$13.00M | USD | 3 Qtrs |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$4.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxNoncashExpenseBenefit
|
$-75.00M | USD | 3 Qtrs |
| Deferred income tax benefit |
DeferredIncomeTaxNoncashExpenseBenefit
|
$-181.00M | USD | 3 Qtrs |
| Other adjustments and changes in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-92.00M | USD | 3 Qtrs |
| Other adjustments and changes in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-165.00M | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.00M | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$20.00M | USD | 3 Qtrs |
| Net cash (paid) received on derivatives related to mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$45.00M | USD | 3 Qtrs |
| Net cash (paid) received on derivatives related to mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-121.00M | USD | 3 Qtrs |
| Proceeds on sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$31.00M | USD | 1 Quarter |
| Proceeds on sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$122.00M | USD | 3 Qtrs |
| Proceeds on sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$7.00M | USD | 3 Qtrs |
| Proceeds on sale of servicing advances |
ProceedsFromSaleOfServicingAdvances
|
- | USD | 3 Qtrs |
| Proceeds on sale of servicing advances |
ProceedsFromSaleOfServicingAdvances
|
$31.00M | USD | 3 Qtrs |
| Proceeds from PHH Home Loans asset sales |
ProceedsFromSaleOfHomeLoansAssets
|
$28.00M | USD | 1 Quarter |
| Proceeds from PHH Home Loans asset sales |
ProceedsFromSaleOfHomeLoansAssets
|
- | USD | 3 Qtrs |
| Proceeds from PHH Home Loans asset sales |
ProceedsFromSaleOfHomeLoansAssets
|
$28.00M | USD | 3 Qtrs |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.00M | USD | 3 Qtrs |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.00M | USD | 3 Qtrs |
| Decrease (increase) in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$-5.00M | USD | 3 Qtrs |
| Decrease (increase) in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$3.00M | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
- | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-5.00M | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$140.00M | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$117.00M | USD | 3 Qtrs |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$7.41B | USD | 3 Qtrs |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$9.30B | USD | 3 Qtrs |
| Principal payments on secured borrowings |
RepaymentsOfSecuredDebt
|
$7.53B | USD | 3 Qtrs |
| Principal payments on secured borrowings |
RepaymentsOfSecuredDebt
|
$9.32B | USD | 3 Qtrs |
| Proceeds from mortgage servicing rights secured liability |
ProceedsfromMortgageServicingRightsSecuredLiability
|
- | USD | 3 Qtrs |
| Proceeds from mortgage servicing rights secured liability |
ProceedsfromMortgageServicingRightsSecuredLiability
|
$318.00M | USD | 1 Quarter |
| Proceeds from mortgage servicing rights secured liability |
ProceedsfromMortgageServicingRightsSecuredLiability
|
$420.00M | USD | 3 Qtrs |
| Principal payments on unsecured borrowings |
RepaymentsOfUnsecuredDebt
|
$496.00M | USD | 3 Qtrs |
| Principal payments on unsecured borrowings |
RepaymentsOfUnsecuredDebt
|
- | USD | 3 Qtrs |
| Cash tender premiums for debt extinguishment |
PaymentsOfDebtExtinguishmentCosts
|
- | USD | 3 Qtrs |
| Cash tender premiums for debt extinguishment |
PaymentsOfDebtExtinguishmentCosts
|
$28.00M | USD | 3 Qtrs |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$23.00M | USD | 3 Qtrs |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$301.00M | USD | 3 Qtrs |
| Cash paid for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.00M | USD | 3 Qtrs |
| Cash paid for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$3.00M | USD | 3 Qtrs |
| Distributions to noncontrolling interest |
PaymentsOfDividendsMinorityInterest
|
$3.00M | USD | 3 Qtrs |
| Distributions to noncontrolling interest |
PaymentsOfDividendsMinorityInterest
|
$22.00M | USD | 3 Qtrs |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | USD | 3 Qtrs |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-549.00M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-47.00M | USD | 3 Qtrs |
| Net (decrease) increase in Cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-412.00M | USD | 3 Qtrs |
| Net (decrease) increase in Cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$90.00M | USD | 3 Qtrs |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$996.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$906.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$906.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$494.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$996.00M | 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
|
$906.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$494.00M | USD | Point-in-time |
Stockholders Equity
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Benefit from excess tax shortfall |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$9.00M | USD | 3 Qtrs |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.22B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.09B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$594.00M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.32B | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
53.60M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
32.54M | shares | Point-in-time |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-55.00M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-168.00M | USD | 3 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-26.00M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-68.00M | USD | 3 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-20.00M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-42.00M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-59.00M | USD | 3 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-163.00M | USD | 3 Qtrs |
| Adjustment to redemption value of noncontrolling interest (Note 13) |
MinorityInterestDecreaseFromRedemptions
|
$28.00M | USD | 3 Qtrs |
| Adjustment to redemption value of noncontrolling interest (Note 13) |
MinorityInterestDecreaseFromRedemptions
|
$-1.00M | USD | 3 Qtrs |
| Stock compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.00M | USD | 3 Qtrs |
| Stock compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.00M | USD | 3 Qtrs |
| Reclassification of stock awards |
AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationReclassification
|
$4.00M | USD | 3 Qtrs |
| Stock issued under share-based payment plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-1.00M | USD | 3 Qtrs |
| Stock issued under share-based payment plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-9.00M | USD | 3 Qtrs |
| Repurchase of Common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$301.00M | USD | 3 Qtrs |
| Repurchase of Common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$23.00M | USD | 3 Qtrs |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.22B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.09B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$594.00M | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.32B | USD | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
53.60M | shares | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
32.54M | shares | Point-in-time |
| Beginning Balance |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$33.00M | USD | Point-in-time |
| Beginning Balance |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$44.00M | USD | Point-in-time |
| Ending Balance |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$33.00M | USD | Point-in-time |
| Ending Balance |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$44.00M | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-21.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-163.00M | USD | 3 Qtrs |
| Net loss |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-60.00M | USD | 3 Qtrs |
| Change in unfunded pension liability, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Change in unfunded pension liability, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Change in unfunded pension liability, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
- | USD | 3 Qtrs |
| Change in unfunded pension liability, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.00M | USD | 3 Qtrs |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
- | USD | 3 Qtrs |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.00M | USD | 1 Quarter |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.00M | USD | 3 Qtrs |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
- | USD | 1 Quarter |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-20.00M | USD | 1 Quarter |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-42.00M | USD | 1 Quarter |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-59.00M | USD | 3 Qtrs |
| Total comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-163.00M | USD | 3 Qtrs |
| Less: comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$6.00M | USD | 1 Quarter |
| Less: comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$9.00M | USD | 3 Qtrs |
| Less: comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$5.00M | USD | 3 Qtrs |
| Less: comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$13.00M | USD | 1 Quarter |
| Comprehensive loss attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$-55.00M | USD | 1 Quarter |
| Comprehensive loss attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$-168.00M | USD | 3 Qtrs |
| Comprehensive loss attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$-26.00M | USD | 1 Quarter |
| Comprehensive loss attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$-68.00M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.