10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-15-035460 |
| Period End Date | 20150331 |
| Filing Date | 20150507 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | phh-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
101 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.26B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.27B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.03B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$46.00M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$56.00M | USD | Point-in-time |
| Mortgage loans held for sale |
LoansHeldForSaleMortgages
|
$971.00M | USD | Point-in-time |
| Mortgage loans held for sale |
LoansHeldForSaleMortgages
|
$915.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$123.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$126.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvancesNet
|
$694.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvancesNet
|
$680.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.26B | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAssetAtFairValueAmount
|
$1.28B | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAssetAtFairValueAmount
|
$1.22B | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAssetAtFairValueAmount
|
$986.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.27B | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAssetAtFairValueAmount
|
$1.00B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.03B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$35.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$36.00M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$46.00M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$56.00M | USD | Point-in-time |
| Mortgage loans held for sale |
LoansHeldForSaleMortgages
|
$971.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$208.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$225.00M | USD | Point-in-time |
| Mortgage loans held for sale |
LoansHeldForSaleMortgages
|
$915.00M | USD | Point-in-time |
| Total assets |
Assets
|
$4.34B | USD | Point-in-time |
| Total assets |
Assets
|
$4.30B | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$123.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$126.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvancesNet
|
$694.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvancesNet
|
$680.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$35.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$244.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$36.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$209.00M | USD | Point-in-time |
| Subservicing advance liabilities |
SubservicingAdvanceLiabilities
|
$357.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$208.00M | USD | Point-in-time |
| Subservicing advance liabilities |
SubservicingAdvanceLiabilities
|
$347.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$225.00M | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$1.74B | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$1.78B | USD | Point-in-time |
| Total assets |
Assets
|
$4.34B | USD | Point-in-time |
| Total assets |
Assets
|
$4.30B | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilities
|
$262.00M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilities
|
$259.00M | USD | Point-in-time |
| Loan repurchase and indemnification liability |
LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations
|
$63.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$244.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$209.00M | USD | Point-in-time |
| Loan repurchase and indemnification liability |
LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations
|
$62.00M | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$1.74B | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$1.78B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$70.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$68.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$70.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.74B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.73B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$68.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.74B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.73B | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | 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, $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; 49,654,752 shares issued and outstanding at March 31, 2015; 51,143,723 shares issued and outstanding at December 31, 2014 |
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
|
$989.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$999.00M | USD | 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 |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$582.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$566.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-11.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-10.00M | 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 |
| Total PHH Corporation stockholders' equity |
StockholdersEquity
|
$1.57B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
273.91M | shares | Point-in-time |
| Total PHH Corporation stockholders' equity |
StockholdersEquity
|
$1.54B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
273.91M | shares | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$28.00M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
49.65M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
51.14M | shares | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$26.00M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
51.14M | shares | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.57B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
49.65M | shares | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.64B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.60B | USD | Point-in-time |
| Pension adjustment, income tax benefit |
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
|
$6.00M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.34B | USD | Point-in-time |
| Pension adjustment, income tax benefit |
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
|
$6.00M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.30B | USD | Point-in-time |
| Amounts reclassified out of Accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 1 Quarter |
| Amounts reclassified out of Accumulated other comprehensive loss |
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
- | USD | 1 Quarter |
Income Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$58.00M | USD | 1 Quarter |
| Origination and other loan fees |
FeesAndCommissionsMortgageBanking
|
$47.00M | USD | 1 Quarter |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$82.00M | USD | 1 Quarter |
| Gain on loans held for sale, net |
GainLossOnSalesOfLoansNet
|
$51.00M | USD | 1 Quarter |
| Loan servicing income |
ServicingFeesNet
|
$115.00M | USD | 1 Quarter |
| Loan servicing income |
ServicingFeesNet
|
$104.00M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
MortgageServicingRightsMSRImpairmentRecovery
|
$26.00M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
MortgageServicingRightsMSRImpairmentRecovery
|
$79.00M | USD | 1 Quarter |
| Net derivative gain related to mortgage servicing rights |
MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$6.00M | USD | 1 Quarter |
| Net derivative gain related to mortgage servicing rights |
MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$53.00M | USD | 1 Quarter |
| Net loan servicing income |
NetLoanServicingIncomeLoss
|
$42.00M | USD | 1 Quarter |
| Net loan servicing income |
NetLoanServicingIncomeLoss
|
$131.00M | USD | 1 Quarter |
| Interest Income |
InterestIncome
|
$8.00M | USD | 1 Quarter |
| Interest Income |
InterestIncome
|
$9.00M | USD | 1 Quarter |
| Secured interest expense |
SecuredInterestExpense
|
$9.00M | USD | 1 Quarter |
| Secured interest expense |
SecuredInterestExpense
|
$9.00M | USD | 1 Quarter |
| Unsecured interest expense |
UnsecuredInterestExpense
|
$17.00M | USD | 1 Quarter |
| Unsecured interest expense |
UnsecuredInterestExpense
|
$29.00M | USD | 1 Quarter |
| Net interest expense |
NetFinanceIncomeExpense
|
$30.00M | USD | 1 Quarter |
| Net interest expense |
NetFinanceIncomeExpense
|
$17.00M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$1.00M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$7.00M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$261.00M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$111.00M | USD | 1 Quarter |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$89.00M | USD | 1 Quarter |
| Salaries and related expenses |
LaborAndRelatedExpense
|
$87.00M | USD | 1 Quarter |
| Commissions |
Commissions
|
$15.00M | USD | 1 Quarter |
| Commissions |
Commissions
|
$19.00M | USD | 1 Quarter |
| Loan origination expenses |
LoanProcessingFee
|
$19.00M | USD | 1 Quarter |
| Loan origination expenses |
LoanProcessingFee
|
$24.00M | USD | 1 Quarter |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$15.00M | USD | 1 Quarter |
| Foreclosure and repossession expenses |
ForeclosedRealEstateExpense
|
$14.00M | USD | 1 Quarter |
| Professional and third-party service fees |
ProfessionalFees
|
$28.00M | USD | 1 Quarter |
| Professional and third-party service fees |
ProfessionalFees
|
$42.00M | USD | 1 Quarter |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$10.00M | USD | 1 Quarter |
| Technology equipment and software expenses |
TechnologyEquipmentAndSoftwareExpenses
|
$8.00M | USD | 1 Quarter |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$13.00M | USD | 1 Quarter |
| Occupancy and other office expenses |
CommunicationsInformationTechnologyAndOccupancy
|
$12.00M | USD | 1 Quarter |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$5.00M | USD | 1 Quarter |
| Depreciation and amortization |
OtherDepreciationAndAmortization
|
$6.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$12.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$16.00M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$204.00M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$230.00M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-93.00M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$31.00M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$8.00M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-33.00M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of tax |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-60.00M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of tax |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$23.00M | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$16.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$23.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-44.00M | USD | 1 Quarter |
| Less: net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-2.00M | USD | 1 Quarter |
| Less: net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Net income (loss) attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-42.00M | USD | 1 Quarter |
| Net income (loss) attributable to PHH Corporation |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$21.00M | USD | 1 Quarter |
| From continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.40 | USD | 1 Quarter |
| From continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-1.01 | USD | 1 Quarter |
| From discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$0.28 | USD | 1 Quarter |
| Total attributable to PHH Corporation (in dollars per share) |
EarningsPerShareBasic
|
$-0.73 | USD | 1 Quarter |
| Total attributable to PHH Corporation (in dollars per share) |
EarningsPerShareBasic
|
$0.40 | USD | 1 Quarter |
| From continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.34 | USD | 1 Quarter |
| From continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-1.01 | USD | 1 Quarter |
| From discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$0.28 | USD | 1 Quarter |
| Total attributable to PHH Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$-0.73 | USD | 1 Quarter |
| Total attributable to PHH Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$0.34 | USD | 1 Quarter |
Cash Flow Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$23.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-44.00M | USD | 1 Quarter |
| Capitalization of originated mortgage servicing rights |
ServicingAssetAtFairValueAdditionsOriginatedMSRs
|
$-25.00M | USD | 1 Quarter |
| Capitalization of originated mortgage servicing rights |
ServicingAssetAtFairValueAdditionsOriginatedMSRs
|
$-20.00M | USD | 1 Quarter |
| Net (gain) loss on mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$-27.00M | USD | 1 Quarter |
| Net (gain) loss on mortgage servicing rights and related derivatives |
ValuationAdjustmentsRelatedToMortgageServicingRightsNet
|
$73.00M | USD | 1 Quarter |
| Vehicle depreciation |
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
|
$300.00M | USD | 1 Quarter |
| Other depreciation and amortization |
DepreciationAndAmortizationIncludingContinuingAndDiscontinuedOperations
|
$5.00M | USD | 1 Quarter |
| Other depreciation and amortization |
DepreciationAndAmortizationIncludingContinuingAndDiscontinuedOperations
|
$8.00M | USD | 1 Quarter |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$3.02B | USD | 1 Quarter |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$2.73B | USD | 1 Quarter |
| Proceeds on sale of and payments from mortgage loans held for sale |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$3.01B | USD | 1 Quarter |
| Proceeds on sale of and payments from mortgage loans held for sale |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$3.00B | USD | 1 Quarter |
| Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives |
NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives
|
$70.00M | USD | 1 Quarter |
| Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives |
NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives
|
$33.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxNoncashExpenseBenefit
|
$-2.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxNoncashExpenseBenefit
|
$-26.00M | USD | 1 Quarter |
| Other adjustments and changes in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$16.00M | USD | 1 Quarter |
| Other adjustments and changes in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$60.00M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-119.00M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$471.00M | USD | 1 Quarter |
| Net cash received on derivatives related to mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-8.00M | USD | 1 Quarter |
| Net cash received on derivatives related to mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-57.00M | USD | 1 Quarter |
| Proceeds on sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$4.00M | USD | 1 Quarter |
| Proceeds on sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$23.00M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.00M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.00M | USD | 1 Quarter |
| Decrease (increase) in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$104.00M | USD | 1 Quarter |
| Decrease (increase) in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$-10.00M | USD | 1 Quarter |
| Investment in vehicles |
PaymentsToAcquireVehiclesOnLease
|
$409.00M | USD | 1 Quarter |
| Proceeds on sale of investment vehicles |
ProceedsFromSaleOfVehicles
|
$103.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-6.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.00M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-395.00M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$87.00M | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$4.87B | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$3.71B | USD | 1 Quarter |
| Principal payments on secured borrowings |
RepaymentsOfSecuredDebt
|
$3.66B | USD | 1 Quarter |
| Principal payments on secured borrowings |
RepaymentsOfSecuredDebt
|
$5.03B | USD | 1 Quarter |
| Issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$2.00M | USD | 1 Quarter |
| Issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$2.00M | USD | 1 Quarter |
| Cash paid for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.00M | USD | 1 Quarter |
| Cash paid for debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$9.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-162.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$42.00M | USD | 1 Quarter |
| Effect of changes in exchange rates on Cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-4.00M | USD | 1 Quarter |
| Net increase (decrease) in Cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$10.00M | USD | 1 Quarter |
| Net increase (decrease) in Cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-90.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$1.26B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$1.25B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$1.26B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$1.25B | USD | Point-in-time |
| Less: Cash balance of discontinued operations at end of period |
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
$123.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.26B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.27B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.03B | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.57B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.64B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.60B | USD | Point-in-time |
| Balance (in shares) |
CommonStockSharesIssued
|
49.65M | shares | Point-in-time |
| Balance (in shares) |
CommonStockSharesIssued
|
51.14M | shares | Point-in-time |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$24.00M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-51.00M | USD | 1 Quarter |
| Stock compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.00M | USD | 1 Quarter |
| Stock compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.00M | USD | 1 Quarter |
| Stock issued under share-based payment plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$2.00M | USD | 1 Quarter |
| Stock issued under share-based payment plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.00M | USD | 1 Quarter |
| Repurchase of Common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$1.00M | USD | 1 Quarter |
| Recognition of deferred taxes related to Convertible notes |
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
$1.00M | USD | 1 Quarter |
| Recognition of deferred taxes related to Convertible notes |
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
$1.00M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.57B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.64B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.60B | USD | Point-in-time |
| Balance (in shares) |
CommonStockSharesIssued
|
49.65M | shares | Point-in-time |
| Balance (in shares) |
CommonStockSharesIssued
|
51.14M | shares | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$23.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-44.00M | USD | 1 Quarter |
| Change in unfunded pension liability, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-7.00M | USD | 1 Quarter |
| Total other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.00M | USD | 1 Quarter |
| Total other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.00M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$24.00M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-51.00M | USD | 1 Quarter |
| Less: comprehensive income (loss) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-2.00M | USD | 1 Quarter |
| Less: comprehensive income (loss) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$-49.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to PHH Corporation |
ComprehensiveIncomeNetOfTax
|
$22.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.