10-K Filing

PHH CORP CIK: 77776 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001104659-12-013992`
Period End Date	20111231
Filing Date	20120228
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	phh-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 133 Cash Flow Statement 112 Stockholders Equity 38

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$414.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments (including $226 and $254 of available-for-sale securities at fair value)	`RestrictedCashAndInvestments`	$531.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments (including $226 and $254 of available-for-sale securities at fair value)	`RestrictedCashAndInvestments`	$574.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$2.66B	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$4.33B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2 and $4	`AccountsReceivableNet`	$573.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$414.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2 and $4	`AccountsReceivableNet`	$700.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.52B	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestments`	$531.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestments`	$574.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.49B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.44B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.21B	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$2.66B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.41B	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$1.28B	USD	Point-in-time
Mortgage loans held for sale	`LoansHeldForSaleMortgages`	$4.33B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$46.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$573.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$64.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$700.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.52B	USD	Point-in-time
Goodwill	`Goodwill`	$25.00M	USD	Point-in-time
Goodwill	`Goodwill`	$25.00M	USD	Point-in-time
Net investment in fleet leases	`NetInvestmentInFleetLeases`	$3.49B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$46.00M	USD	Point-in-time
Other assets	`OtherAssets`	$637.00M	USD	Point-in-time
Other assets	`OtherAssets`	$618.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$64.00M	USD	Point-in-time
Other assets	`OtherAssets`	$637.00M	USD	Point-in-time
Other assets	`OtherAssets`	$618.00M	USD	Point-in-time
Total assets	`Assets`	$11.27B	USD	Point-in-time
Total assets	`Assets`	$9.78B	USD	Point-in-time
Total assets	`Assets`	$11.27B	USD	Point-in-time
Total assets	`Assets`	$9.78B	USD	Point-in-time
Restricted investments, at fair value	`MarketableSecuritiesRestricted`	$254.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$521.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$504.00M	USD	Point-in-time
Restricted investments, at fair value	`MarketableSecuritiesRestricted`	$226.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$8.09B	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$4.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$6.91B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilities`	$626.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilities`	$728.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$358.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$272.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$521.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$504.00M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$8.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.32B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$6.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.69B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$358.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$272.00M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$8.32B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.69B	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; 56,361,155 shares issued and outstanding at December 31, 2011; 55,699,218 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$1.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 56,361,155 shares issued and outstanding at December 31, 2011; 55,699,218 shares issued and outstanding at December 31, 2010	`CommonStockValue`	$1.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	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
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$338.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$465.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$29.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	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
Total PHH Corporation stockholders' equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total PHH Corporation stockholders' equity	`StockholdersEquity`	$1.44B	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
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$19.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	273.91M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.36M	shares	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.70M	shares	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.78B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.36M	shares	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.27B	USD	Point-in-time

Income Statement 133 line items

Line Item	Tag	Value	Unit	Period
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$291.00M	USD	Annual
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$275.00M	USD	Annual
Mortgage fees	`FeesAndCommissionsMortgageBanking`	$295.00M	USD	Annual
Fleet management fees	`FeesAndCommissionsOther`	$173.00M	USD	Annual
Fleet management fees	`FeesAndCommissionsOther`	$150.00M	USD	Annual
Fleet management fees	`FeesAndCommissionsOther`	$157.00M	USD	Annual
Net fee income	`FeesAndCommissions`	$425.00M	USD	Annual
Net fee income	`FeesAndCommissions`	$448.00M	USD	Annual
Net fee income	`FeesAndCommissions`	$468.00M	USD	Annual
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.37B	USD	Annual
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.44B	USD	Annual
Fleet lease income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.40B	USD	Annual
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$635.00M	USD	Annual
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$567.00M	USD	Annual
Gain on mortgage loans, net	`GainLossOnSaleOfMortgageLoans`	$610.00M	USD	Annual
Mortgage interest income	`MortgageInterestIncome`	$89.00M	USD	Annual
Mortgage interest income	`MortgageInterestIncome`	$110.00M	USD	Annual
Mortgage interest income	`MortgageInterestIncome`	$114.00M	USD	Annual
Mortgage interest expense	`MortgageInterestExpense`	$147.00M	USD	Annual
Mortgage interest expense	`MortgageInterestExpense`	$202.00M	USD	Annual
Mortgage interest expense	`MortgageInterestExpense`	$183.00M	USD	Annual
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-73.00M	USD	Annual
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-58.00M	USD	Annual
Mortgage net finance expense	`MortgageNetFinanceExpense`	$-88.00M	USD	Annual
Loan servicing income	`ServicingFeesNet`	$431.00M	USD	Annual
Loan servicing income	`ServicingFeesNet`	$415.00M	USD	Annual
Loan servicing income	`ServicingFeesNet`	$456.00M	USD	Annual
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$427.00M	USD	Annual
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$733.00M	USD	Annual
Change in fair value of mortgage servicing rights	`MortgageServicingRightsMSRImpairmentRecovery`	$280.00M	USD	Annual
Net derivative loss related to mortgage servicing rights	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-3.00M	USD	Annual
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$427.00M	USD	Annual
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$280.00M	USD	Annual
Valuation adjustments related to mortgage servicing rights, net	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$736.00M	USD	Annual
Net loan servicing (loss) income	`NetLoanServicingIncomeLoss`	$151.00M	USD	Annual
Net loan servicing (loss) income	`NetLoanServicingIncomeLoss`	$-280.00M	USD	Annual
Net loan servicing (loss) income	`NetLoanServicingIncomeLoss`	$-12.00M	USD	Annual
Other income	`NoninterestIncomeOtherOperatingIncome`	$147.00M	USD	Annual
Other income	`NoninterestIncomeOtherOperatingIncome`	$70.00M	USD	Annual
Other income	`NoninterestIncomeOtherOperatingIncome`	$37.00M	USD	Annual
Net revenues	`Revenues`	$577.00M	USD	1 Quarter
Net revenues	`Revenues`	$649.00M	USD	1 Quarter
Net revenues	`Revenues`	$516.00M	USD	1 Quarter
Net revenues	`Revenues`	$2.61B	USD	Annual
Net revenues	`Revenues`	$2.44B	USD	Annual
Net revenues	`Revenues`	$2.21B	USD	Annual
Net revenues	`Revenues`	$384.00M	USD	1 Quarter
Net revenues	`Revenues`	$665.00M	USD	1 Quarter
Net revenues	`Revenues`	$572.00M	USD	1 Quarter
Net revenues	`Revenues`	$371.00M	USD	1 Quarter
Net revenues	`Revenues`	$918.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$482.00M	USD	Annual
Salaries and related expenses	`LaborAndRelatedExpense`	$507.00M	USD	Annual
Salaries and related expenses	`LaborAndRelatedExpense`	$497.00M	USD	Annual
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$60.00M	USD	Annual
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$59.00M	USD	Annual
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$59.00M	USD	Annual
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.27B	USD	Annual
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.22B	USD	Annual
Depreciation on operating leases	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.22B	USD	Annual
Fleet interest expense	`FleetInterestExpense`	$89.00M	USD	Annual
Fleet interest expense	`FleetInterestExpense`	$79.00M	USD	Annual
Fleet interest expense	`FleetInterestExpense`	$91.00M	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$25.00M	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$26.00M	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$22.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$523.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$403.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$429.00M	USD	Annual
Total expenses	`OperatingExpenses`	$2.33B	USD	Annual
Total expenses	`OperatingExpenses`	$2.32B	USD	Annual
Total expenses	`OperatingExpenses`	$2.42B	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-215.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-242.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-66.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-202.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$280.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$313.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$85.00M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$107.00M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-100.00M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$39.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$-37.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$21.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$8.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-126.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-102.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$76.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$173.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$7.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	Annual
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.00M	USD	Annual
Less: net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	Annual
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-127.00M	USD	Annual
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-133.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-41.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-148.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$181.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$153.00M	USD	Annual
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$49.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.00M	USD	1 Quarter
Net (loss) income attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$48.00M	USD	Annual
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$0.87	USD	Annual
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$-2.62	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.73	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$3.26	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$-2.26	USD	Annual
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$2.80	USD	Annual
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$-2.40	USD	1 Quarter
Basic (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$3.25	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$2.77	USD	Annual
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.73	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-2.62	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	Annual
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-2.40	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	1 Quarter
Diluted (loss) earnings per share attributable to PHH Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-2.26	USD	Annual

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-37.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$21.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$8.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-126.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-102.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$76.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$173.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$7.00M	USD	1 Quarter
Capitalization of originated mortgage servicing rights	`OriginationOfMortgageServicingRightsMSRs`	$-499.00M	USD	Annual
Capitalization of originated mortgage servicing rights	`OriginationOfMortgageServicingRightsMSRs`	$-496.00M	USD	Annual
Capitalization of originated mortgage servicing rights	`OriginationOfMortgageServicingRightsMSRs`	$-456.00M	USD	Annual
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$427.00M	USD	Annual
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$280.00M	USD	Annual
Net unrealized loss on mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$736.00M	USD	Annual
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.27B	USD	Annual
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.22B	USD	Annual
Vehicle depreciation	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$1.22B	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$25.00M	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$26.00M	USD	Annual
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$22.00M	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$38.93B	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$29.59B	USD	Annual
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$38.14B	USD	Annual
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$41.26B	USD	Annual
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$35.50B	USD	Annual
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$29.93B	USD	Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$638.00M	USD	Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$614.00M	USD	Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$516.00M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxNoncashExpenseBenefit`	$-100.00M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxNoncashExpenseBenefit`	$123.00M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxNoncashExpenseBenefit`	$27.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-210.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-258.00M	USD	Annual
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$315.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.28B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.68B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.79B	USD	Annual
Investment in vehicles	`PaymentsToAcquireEquipmentOnLease`	$1.46B	USD	Annual
Investment in vehicles	`PaymentsToAcquireEquipmentOnLease`	$1.70B	USD	Annual
Investment in vehicles	`PaymentsToAcquireEquipmentOnLease`	$1.07B	USD	Annual
Proceeds on sale of investment vehicles	`ProceedsFromSaleOfOtherProductiveAssets`	$407.00M	USD	Annual
Proceeds on sale of investment vehicles	`ProceedsFromSaleOfOtherProductiveAssets`	$418.00M	USD	Annual
Proceeds on sale of investment vehicles	`ProceedsFromSaleOfOtherProductiveAssets`	$353.00M	USD	Annual
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$92.00M	USD	Annual
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$8.00M	USD	Annual
Net cash paid on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$3.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00M	USD	Annual
Purchases of restricted investments	`PaymentsToAcquireRestrictedInvestments`	$400.00M	USD	Annual
Purchases of restricted investments	`PaymentsToAcquireRestrictedInvestments`	$250.00M	USD	Annual
Proceeds from sales and maturities of restricted investments	`ProceedsFromSaleOfRestrictedInvestments`	$148.00M	USD	Annual
Proceeds from sales and maturities of restricted investments	`ProceedsFromSaleOfRestrictedInvestments`	$279.00M	USD	Annual
(Increase) decrease in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$-319.00M	USD	Annual
(Increase) decrease in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$71.00M	USD	Annual
(Increase) decrease in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$-18.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-27.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.33B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.04B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-550.00M	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$57.76B	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$63.00B	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$41.59B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$64.28B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$41.80B	USD	Annual
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$54.91B	USD	Annual
Proceeds from unsecured borrowings	`ProceedsFromIssuanceOfUnsecuredDebt`	$2.76B	USD	Annual
Proceeds from unsecured borrowings	`ProceedsFromIssuanceOfUnsecuredDebt`	$3.48B	USD	Annual
Proceeds from unsecured borrowings	`ProceedsFromIssuanceOfUnsecuredDebt`	$1.30B	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	$3.50B	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	$3.12B	USD	Annual
Principal payments on unsecured borrowings	`RepaymentsOfUnsecuredDebt`	$1.21B	USD	Annual
Issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.00M	USD	Annual
Issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	Annual
Issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.00M	USD	Annual
Proceeds on sale of warrants (Note 10)	`ProceedsFromIssuanceOfWarrants`	$35.00M	USD	Annual
Cash paid for purchased options (Note 10)	`PaymentsForAcquisitionOfOptions`	$66.00M	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$35.00M	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$51.00M	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$54.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-24.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-27.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.23B	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-655.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.77B	USD	Annual
Effect of changes in exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-3.00M	USD	Annual
Effect of changes in exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-37.00M	USD	Annual
Effect of changes in exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.00M	USD	Annual
Net increase in Cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$45.00M	USD	Annual
Net increase in Cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$41.00M	USD	Annual
Net increase in Cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$219.00M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$414.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$195.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$109.00M	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`	$414.00M	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`	$109.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Interest payments	`InterestPaid`	$169.00M	USD	Annual
Interest payments	`InterestPaid`	$164.00M	USD	Annual
Interest payments	`InterestPaid`	$204.00M	USD	Annual
Income tax payments (refunds), net	`IncomeTaxesPaidNet`	$-9.00M	USD	Annual
Income tax payments (refunds), net	`IncomeTaxesPaidNet`	$13.00M	USD	Annual
Income tax payments (refunds), net	`IncomeTaxesPaidNet`	$-21.00M	USD	Annual

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	56.36M	shares	Point-in-time
Adjustments related to the spin-off	`SpinOffAdjustmentToRetainedEarnings`	$1.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$-37.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$21.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$8.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-126.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-138.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-102.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$76.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$173.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$7.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$195.00M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-110.00M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.00M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.00M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$26.00M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$20.00M	USD	Annual
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$1.00M	USD	Annual
Proceeds on sale of warrants (Note 10)	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$35.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	Annual
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	Annual
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	Annual
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	56.36M	shares	Point-in-time

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