10-K Filing

PHH CORP CIK: 77776 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0000077776-18-000005`
Period End Date	20171231
Filing Date	20180301
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	phh-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 109 Cash Flow Statement 127 Stockholders Equity 36 Comprehensive Income 26

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
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`	$1.26B	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$542.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.55M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$41.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.60M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$57.00M	USD	Point-in-time
Pension adjustment, income tax benefit	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax`	$6.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$683.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$270.00M	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	Annual
Amounts reclassified out of Accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	Annual
Accounts receivable, net	`AccountsReceivableNet`	$66.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$78.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$356.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$628.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$690.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$476.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.00M	USD	Point-in-time
Other assets	`OtherAssets`	$109.00M	USD	Point-in-time
Other assets	`OtherAssets`	$26.00M	USD	Point-in-time
Total assets	`Assets`	$3.17B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$193.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$141.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$232.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$290.00M	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	-	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	$419.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$252.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$655.00M	USD	Point-in-time
Unsecured debt, net	`UnsecuredDebt`	$118.00M	USD	Point-in-time
Unsecured debt, net	`UnsecuredDebt`	$607.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$49.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$29.00M	USD	Point-in-time
Mandatorily redeemable noncontrolling interest (Note 17)	`SharesSubjectToMandatoryRedemptionSettlementTermsAmount`	$20.00M	USD	Point-in-time
Mandatorily redeemable noncontrolling interest (Note 17)	`SharesSubjectToMandatoryRedemptionSettlementTermsAmount`	-	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	$101.00M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilities`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$47.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$157.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.05B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 1 and Note 17)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 1 and Note 17)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.00M	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; 32,547,258 shares issued and outstanding at December 31, 2017; 53,599,433 shares issued and outstanding at December 31, 2016	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 32,547,258 shares issued and outstanding at December 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`	$565.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$885.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-3.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$214.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.00M	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`	$553.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.17B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.81B	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$136.00M	USD	Annual
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$280.00M	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`	$144.00M	USD	Annual
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$137.00M	USD	Annual
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$236.00M	USD	Annual
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$125.00M	USD	Annual
Net interest expense	`InterestIncomeExpenseNet`	$-36.00M	USD	Annual
Net interest expense	`InterestIncomeExpenseNet`	$-46.00M	USD	Annual
Net interest expense	`InterestIncomeExpenseNet`	$-32.00M	USD	Annual
Other income (loss)	`NonoperatingIncomeExpense`	$-13.00M	USD	Annual
Other income (loss)	`NonoperatingIncomeExpense`	$18.00M	USD	Annual
Other income (loss)	`NonoperatingIncomeExpense`	$75.00M	USD	Annual
Net revenues	`Revenues`	$112.00M	USD	1 Quarter
Net revenues	`Revenues`	$121.00M	USD	1 Quarter
Net revenues	`Revenues`	$622.00M	USD	Annual
Net revenues	`Revenues`	$196.00M	USD	1 Quarter
Net revenues	`Revenues`	$109.00M	USD	1 Quarter
Net revenues	`Revenues`	$157.00M	USD	1 Quarter
Net revenues	`Revenues`	$790.00M	USD	Annual
Net revenues	`Revenues`	$72.00M	USD	1 Quarter
Net revenues	`Revenues`	$456.00M	USD	Annual
Net revenues	`Revenues`	$197.00M	USD	1 Quarter
Net revenues	`Revenues`	$114.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$263.00M	USD	Annual
Salaries and related expenses	`LaborAndRelatedExpense`	$323.00M	USD	Annual
Salaries and related expenses	`LaborAndRelatedExpense`	$345.00M	USD	Annual
Commissions	`Commissions`	$44.00M	USD	Annual
Commissions	`Commissions`	$79.00M	USD	Annual
Commissions	`Commissions`	$64.00M	USD	Annual
Loan origination expenses	`LoanProcessingFee`	$64.00M	USD	Annual
Loan origination expenses	`LoanProcessingFee`	$31.00M	USD	Annual
Loan origination expenses	`LoanProcessingFee`	$91.00M	USD	Annual
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$51.00M	USD	Annual
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$19.00M	USD	Annual
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$35.00M	USD	Annual
Professional and third-party service fees	`ProfessionalFees`	$120.00M	USD	Annual
Professional and third-party service fees	`ProfessionalFees`	$156.00M	USD	Annual
Professional and third-party service fees	`ProfessionalFees`	$171.00M	USD	Annual
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$42.00M	USD	Annual
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$35.00M	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`	$33.00M	USD	Annual
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$50.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$18.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$16.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$14.00M	USD	Annual
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$41.00M	USD	Annual
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	Annual
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$62.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$183.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$108.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$116.00M	USD	Annual
Total expenses	`OperatingExpenses`	$926.00M	USD	Annual
Total expenses	`OperatingExpenses`	$1.00B	USD	Annual
Total expenses	`OperatingExpenses`	$729.00M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-273.00M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-206.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-78.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-213.00M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-304.00M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-82.00M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-79.00M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-111.00M	USD	Annual
Net loss	`ProfitLoss`	$-31.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-131.00M	USD	Annual
Net loss	`ProfitLoss`	$-193.00M	USD	Annual
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-194.00M	USD	Annual
Net loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-21.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.00M	USD	Annual
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	Annual
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	Annual
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-133.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-202.00M	USD	Annual
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-67.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-55.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-30.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-49.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-145.00M	USD	Annual
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-217.00M	USD	Annual
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-12.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-46.00M	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.62	USD	Annual
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-3.77	USD	Annual
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.49	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.50	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.14	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-4.62	USD	Annual
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.56	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.49	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.86	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.26	USD	1 Quarter

Cash Flow Statement 127 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-31.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-131.00M	USD	Annual
Net loss	`ProfitLoss`	$-193.00M	USD	Annual
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-194.00M	USD	Annual
Net loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-21.00M	USD	1 Quarter
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$101.00M	USD	Annual
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$36.00M	USD	Annual
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$60.00M	USD	Annual
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-228.00M	USD	Annual
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-119.00M	USD	Annual
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-158.00M	USD	Annual
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$48.00M	USD	Annual
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	-	USD	Annual
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	-	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-34.00M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-34.00M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-30.00M	USD	Annual
Gain on PHH Home Loans asset sales	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Gain on PHH Home Loans asset sales	`GainLossOnDispositionOfAssets1`	$70.00M	USD	Point-in-time
Gain on PHH Home Loans asset sales	`GainLossOnDispositionOfAssets1`	$70.00M	USD	Annual
Gain on PHH Home Loans asset sales	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$6.81B	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$13.51B	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$10.51B	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`	$7.48B	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`	$226.00M	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`	$266.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$18.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$16.00M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$14.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-70.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-91.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-101.00M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$38.00M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	-	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$3.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-77.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-136.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-62.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$74.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$303.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.00M	USD	Annual
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$45.00M	USD	Annual
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-60.00M	USD	Annual
Net cash (paid) received on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-35.00M	USD	Annual
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$47.00M	USD	Annual
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$127.00M	USD	Annual
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$12.00M	USD	Annual
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	$31.00M	USD	Annual
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	-	USD	Annual
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	-	USD	Annual
Proceeds from PHH Home Loans asset sales	`ProceedsFromSaleOfHomeLoansAssets`	-	USD	Annual
Proceeds from PHH Home Loans asset sales	`ProceedsFromSaleOfHomeLoansAssets`	-	USD	Annual
Proceeds from PHH Home Loans asset sales	`ProceedsFromSaleOfHomeLoansAssets`	$70.00M	USD	Annual
Proceeds from PHH Home Loans asset sales	`ProceedsFromSaleOfHomeLoansAssets`	$70.00M	USD	Point-in-time
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.00M	USD	Annual
Decrease (increase) in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-16.00M	USD	Annual
Decrease (increase) in restricted cash	`IncreaseDecreaseInRestrictedCash`	$10.00M	USD	Annual
Decrease (increase) in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-9.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$62.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$50.00M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$197.00M	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$12.31B	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$17.21B	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$9.46B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$12.39B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$9.86B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$17.38B	USD	Annual
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$426.00M	USD	Annual
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	-	USD	Annual
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	-	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	$496.00M	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	$245.00M	USD	Annual
Cash tender premiums for debt extinguishment	`PaymentsOfDebtExtinguishmentCosts`	$28.00M	USD	Annual
Cash tender premiums for debt extinguishment	`PaymentsOfDebtExtinguishmentCosts`	$30.00M	USD	Annual
Cash tender premiums for debt extinguishment	`PaymentsOfDebtExtinguishmentCosts`	-	USD	Annual
Issuances of Common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	Annual
Issuances of Common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuances of Common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Repurchase of Common stock	`PaymentsForRepurchaseOfCommonStock`	$301.00M	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`	$2.00M	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.00M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$8.00M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$10.00M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$60.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-864.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-124.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-537.00M	USD	Annual
Net increase (decrease) in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-364.00M	USD	Annual
Net increase (decrease) in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-353.00M	USD	Annual
Net increase (decrease) in Cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
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 beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$542.00M	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
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$906.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$542.00M	USD	Point-in-time
Interest payments	`InterestPaid`	$72.00M	USD	Annual
Interest payments	`InterestPaid`	$45.00M	USD	Annual
Interest payments	`InterestPaid`	$66.00M	USD	Annual
Income tax (refunds) payments, net	`IncomeTaxesPaidNet`	$-29.00M	USD	Annual
Income tax (refunds) payments, net	`IncomeTaxesPaidNet`	$9.00M	USD	Annual
Income tax (refunds) payments, net	`IncomeTaxesPaidNet`	$3.00M	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.57B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$553.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-144.00M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-202.00M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-216.00M	USD	Annual
Reclassification to Redeemable noncontrolling interest	`ReclassificationOfRedeemableNoncontrollingInterest`	$-26.00M	USD	Annual
Adjustment to redemption value of noncontrolling interest (Note 17)	`MinorityInterestChangeInRedemptionValue`	$-24.00M	USD	Annual
Adjustment to redemption value of noncontrolling interest (Note 17)	`MinorityInterestChangeInRedemptionValue`	$-2.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	Annual
Reclassification of stock awards	`AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationReclassification`	$4.00M	USD	Annual
Stock issued under share-based payment plans (includes $9 benefit from excess tax shortfall)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	Annual
Stock issued under share-based payment plans (includes $9 benefit from excess tax shortfall)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-9.00M	USD	Annual
Stock issued under share-based payment plans (includes $9 benefit from excess tax shortfall)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	Annual
Repurchase and retirement of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$23.00M	USD	Annual
Repurchase and retirement of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$301.00M	USD	Annual
Repurchase and retirement of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$78.00M	USD	Annual
Conversion of Convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments`	$-18.00M	USD	Annual
Recognition of deferred taxes related to Convertible notes	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$2.00M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.57B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$553.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	53.60M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Beginning Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Beginning Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.00M	USD	Point-in-time
Adjustment to redemption value of noncontrolling interest (Note 17)	`MinorityInterestChangeInRedemptionValue`	$-24.00M	USD	Annual
Adjustment to redemption value of noncontrolling interest (Note 17)	`MinorityInterestChangeInRedemptionValue`	$-2.00M	USD	Annual
Ending Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Ending Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.00M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-31.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-71.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-131.00M	USD	Annual
Net loss	`ProfitLoss`	$-193.00M	USD	Annual
Net loss	`ProfitLoss`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-194.00M	USD	Annual
Net loss	`ProfitLoss`	$-133.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-21.00M	USD	1 Quarter
Change in unfunded pension liability, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	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, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Annual
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Annual
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-193.00M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-130.00M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-193.00M	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.00M	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$23.00M	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00M	USD	Annual
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-144.00M	USD	Annual
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-202.00M	USD	Annual
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-216.00M	USD	Annual

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