10-Q Filing

PHH CORP CIK: 77776 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001104659-11-060010`
Period End Date	20110930
Filing Date	20111102
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	phh-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 110 Cash Flow Statement 72 Stockholders Equity 31

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$259.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments (including $237 and $254 of available-for-sale securities at fair value)	`RestrictedCashAndInvestments`	$531.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments (including $237 and $254 of available-for-sale securities at fair value)	`RestrictedCashAndInvestments`	$528.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$2.70B	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$4.33B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$573.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$729.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$259.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Restricted investments, at fair value	`MarketableSecuritiesRestricted`	$237.00M	USD	Point-in-time
Restricted investments, at fair value	`MarketableSecuritiesRestricted`	$254.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.49B	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.41B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.08B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.44B	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestments`	$531.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.41B	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestments`	$528.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.20B	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$2.70B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$59.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$46.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$4.33B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$573.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$729.00M	USD	Point-in-time
Goodwill	`Goodwill`	$25.00M	USD	Point-in-time
Goodwill	`Goodwill`	$25.00M	USD	Point-in-time
Other assets	`OtherAssets`	$637.00M	USD	Point-in-time
Other assets	`OtherAssets`	$599.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.49B	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.41B	USD	Point-in-time
Total assets	`Assets`	$9.34B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$59.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$46.00M	USD	Point-in-time
Total assets	`Assets`	$11.27B	USD	Point-in-time
Other assets	`OtherAssets`	$637.00M	USD	Point-in-time
Other assets	`OtherAssets`	$599.00M	USD	Point-in-time
Total assets	`Assets`	$9.34B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$521.00M	USD	Point-in-time
Total assets	`Assets`	$11.27B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$437.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$6.56B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$8.09B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilities`	$728.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilities`	$621.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$521.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$437.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$6.56B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$274.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$358.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$8.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.69B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.89B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$274.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$358.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.69B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$7.89B	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, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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, 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
Common stock, $0.01 par value; 273,910,000 shares authorized; 56,340,713 shares issued and outstanding at September 30, 2011; 55,699,218 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 56,340,713 shares issued and outstanding at September 30, 2011; 55,699,218 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$1.00M	USD	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
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$325.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$465.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	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
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$29.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	Point-in-time
Total PHH Corporation stockholders' equity	`StockholdersEquity`	$1.43B	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
Total PHH Corporation stockholders' equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.70M	shares	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.34M	shares	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.34M	shares	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.34B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$193.00M	USD	3 Qtrs
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$210.00M	USD	3 Qtrs
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$75.00M	USD	1 Quarter
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$68.00M	USD	1 Quarter
Fleet management fees	`FeesAndCommissionsOther`	$38.00M	USD	1 Quarter
Fleet management fees	`FeesAndCommissionsOther`	$42.00M	USD	1 Quarter
Fleet management fees	`FeesAndCommissionsOther`	$128.00M	USD	3 Qtrs
Fleet management fees	`FeesAndCommissionsOther`	$116.00M	USD	3 Qtrs
Net fee income	`FeesAndCommissions`	$113.00M	USD	1 Quarter
Net fee income	`FeesAndCommissions`	$338.00M	USD	3 Qtrs
Net fee income	`FeesAndCommissions`	$110.00M	USD	1 Quarter
Net fee income	`FeesAndCommissions`	$309.00M	USD	3 Qtrs
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.03B	USD	3 Qtrs
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.05B	USD	3 Qtrs
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$370.00M	USD	1 Quarter
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$342.00M	USD	1 Quarter
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$265.00M	USD	1 Quarter
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$203.00M	USD	1 Quarter
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$381.00M	USD	3 Qtrs
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$509.00M	USD	3 Qtrs
Mortgage interest income	`MortgageInterestIncome`	$69.00M	USD	3 Qtrs
Mortgage interest income	`MortgageInterestIncome`	$82.00M	USD	3 Qtrs
Mortgage interest income	`MortgageInterestIncome`	$24.00M	USD	1 Quarter
Mortgage interest income	`MortgageInterestIncome`	$29.00M	USD	1 Quarter
Mortgage interest expense	`MortgageInterestExpense`	$150.00M	USD	3 Qtrs
Mortgage interest expense	`MortgageInterestExpense`	$48.00M	USD	1 Quarter
Mortgage interest expense	`MortgageInterestExpense`	$126.00M	USD	3 Qtrs
Mortgage interest expense	`MortgageInterestExpense`	$47.00M	USD	1 Quarter
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-24.00M	USD	1 Quarter
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-57.00M	USD	3 Qtrs
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-68.00M	USD	3 Qtrs
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-18.00M	USD	1 Quarter
Loan servicing income	`ServicingFeesNet`	$105.00M	USD	1 Quarter
Loan servicing income	`ServicingFeesNet`	$303.00M	USD	3 Qtrs
Loan servicing income	`ServicingFeesNet`	$112.00M	USD	1 Quarter
Loan servicing income	`ServicingFeesNet`	$337.00M	USD	3 Qtrs
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$410.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$254.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$601.00M	USD	3 Qtrs
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$626.00M	USD	3 Qtrs
Net derivative gain related to mortgage servicing rights	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$1.00M	USD	1 Quarter
Net derivative gain related to mortgage servicing rights	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$1.00M	USD	3 Qtrs
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$600.00M	USD	3 Qtrs
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$626.00M	USD	3 Qtrs
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$409.00M	USD	1 Quarter
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$254.00M	USD	1 Quarter
Net loan servicing loss	`NetLoanServicingIncomeLoss`	$-149.00M	USD	1 Quarter
Net loan servicing loss	`NetLoanServicingIncomeLoss`	$-263.00M	USD	3 Qtrs
Net loan servicing loss	`NetLoanServicingIncomeLoss`	$-297.00M	USD	1 Quarter
Net loan servicing loss	`NetLoanServicingIncomeLoss`	$-323.00M	USD	3 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	$52.00M	USD	3 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	$19.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$127.00M	USD	3 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	$22.00M	USD	1 Quarter
Net revenues	`Revenues`	$1.56B	USD	3 Qtrs
Net revenues	`Revenues`	$384.00M	USD	1 Quarter
Net revenues	`Revenues`	$1.52B	USD	3 Qtrs
Net revenues	`Revenues`	$572.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$124.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$360.00M	USD	3 Qtrs
Salaries and related expenses	`LaborAndRelatedExpense`	$127.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$375.00M	USD	3 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$14.00M	USD	1 Quarter
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$44.00M	USD	3 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$16.00M	USD	1 Quarter
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$45.00M	USD	3 Qtrs
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$307.00M	USD	1 Quarter
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$921.00M	USD	3 Qtrs
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$922.00M	USD	3 Qtrs
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$307.00M	USD	1 Quarter
Fleet interest expense	`FleetInterestExpense`	$19.00M	USD	1 Quarter
Fleet interest expense	`FleetInterestExpense`	$60.00M	USD	3 Qtrs
Fleet interest expense	`FleetInterestExpense`	$72.00M	USD	3 Qtrs
Fleet interest expense	`FleetInterestExpense`	$24.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$19.00M	USD	3 Qtrs
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$6.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$17.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$155.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$94.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$368.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$303.00M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$626.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.79B	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$1.72B	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$574.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-198.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-242.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-223.00M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-100.00M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-104.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-87.00M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-9.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-111.00M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-123.00M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$7.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$22.00M	USD	3 Qtrs
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-148.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-133.00M	USD	3 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-140.00M	USD	3 Qtrs
Basic and diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.62	USD	1 Quarter
Basic and diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Basic and diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.39	USD	3 Qtrs
Basic and diluted loss per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.48	USD	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-111.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-123.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$7.00M	USD	1 Quarter
Capitalization of originated mortgage servicing rights	`OriginationOfMortgageServicingRightsMSRs`	$-296.00M	USD	3 Qtrs
Capitalization of originated mortgage servicing rights	`OriginationOfMortgageServicingRightsMSRs`	$-357.00M	USD	3 Qtrs
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$600.00M	USD	3 Qtrs
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$626.00M	USD	3 Qtrs
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$409.00M	USD	1 Quarter
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$254.00M	USD	1 Quarter
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$307.00M	USD	1 Quarter
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$921.00M	USD	3 Qtrs
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$922.00M	USD	3 Qtrs
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$307.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$19.00M	USD	3 Qtrs
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$6.00M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$17.00M	USD	3 Qtrs
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$27.01B	USD	3 Qtrs
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$23.72B	USD	3 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$22.64B	USD	3 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$29.13B	USD	3 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$321.00M	USD	3 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$491.00M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-97.00M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-109.00M	USD	3 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-67.00M	USD	3 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$410.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.34B	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-449.00M	USD	3 Qtrs
Investment in vehicles	`PaymentsToAcquireEquipmentOnLease`	$1.19B	USD	3 Qtrs
Investment in vehicles	`PaymentsToAcquireEquipmentOnLease`	$1.11B	USD	3 Qtrs
Proceeds on sale of investment vehicles	`ProceedsFromSaleOfOtherProductiveAssets`	$280.00M	USD	3 Qtrs
Proceeds on sale of investment vehicles	`ProceedsFromSaleOfOtherProductiveAssets`	$268.00M	USD	3 Qtrs
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$6.00M	USD	3 Qtrs
Net cash paid on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$1.00M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.00M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.00M	USD	3 Qtrs
Purchases of restricted investments	`PaymentsToAcquireRestrictedInvestments`	$185.00M	USD	3 Qtrs
Purchases of restricted investments	`PaymentsToAcquireRestrictedInvestments`	$350.00M	USD	3 Qtrs
Proceeds from sales and maturities of restricted investments	`ProceedsFromSaleOfRestrictedInvestments`	$204.00M	USD	3 Qtrs
Proceeds from sales and maturities of restricted investments	`ProceedsFromSaleOfRestrictedInvestments`	$78.00M	USD	3 Qtrs
(Increase) decrease in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$-362.00M	USD	3 Qtrs
(Increase) decrease in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$15.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-24.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-748.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-899.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromOtherDebt`	$39.55B	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromOtherDebt`	$42.67B	USD	3 Qtrs
Principal payments on borrowings	`RepaymentsOfOtherDebt`	$44.20B	USD	3 Qtrs
Principal payments on borrowings	`RepaymentsOfOtherDebt`	$38.20B	USD	3 Qtrs
Issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	3 Qtrs
Issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$7.00M	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$44.00M	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$20.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.31B	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.55B	USD	3 Qtrs
Effect of changes in exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.00M	USD	3 Qtrs
Effect of changes in exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-1.00M	USD	3 Qtrs
Net (decrease) increase in Cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-111.00M	USD	3 Qtrs
Net (decrease) increase in Cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$109.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$259.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$259.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains on available-for-sale securities, income taxes	`AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss`	$1.00M	USD	3 Qtrs
Unrealized gains on available-for-sale securities, income taxes	`AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss`	$1.00M	USD	3 Qtrs
Change in unfunded pension liability, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	-	USD	3 Qtrs
Change in unfunded pension liability, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	-	USD	3 Qtrs
Stock issued under share-based payment plans, excess tax benefit	`StockOptionsExercisedTaxEffect`	-	USD	3 Qtrs
Stock issued under share-based payment plans, excess tax benefit	`StockOptionsExercisedTaxEffect`	-	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	56.34M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Adjustments related to the spin-off	`SpinOffAdjustmentToRetainedEarnings`	$1.00M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-111.00M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-123.00M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$7.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-105.00M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-131.00M	USD	3 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$16.00M	USD	3 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	3 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	3 Qtrs
Stock issued under share-based payment plans, including excess tax benefit of $0	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	3 Qtrs
Stock issued under share-based payment plans, including excess tax benefit of $0	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	56.34M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time

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