10-Q Filing

PHH CORP CIK: 77776 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001628280-18-010450`
Period End Date	20180630
Filing Date	20180803
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	phh-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 108 Cash Flow Statement 71 Stockholders Equity 23

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$509.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$940.00M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$60.00M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	$41.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$33.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$55.00M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$103.00M	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
Accounts receivable, net	`AccountsReceivableNet`	$73.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$58.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$302.00M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$356.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	273.91M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	273.91M	shares	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$476.00M	USD	Point-in-time
Mortgage servicing rights	`ServicingAssetAtFairValueAmount`	$483.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.58M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.58M	shares	Point-in-time
Other assets	`OtherAssets`	$28.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.55M	shares	Point-in-time
Other assets	`OtherAssets`	$25.00M	USD	Point-in-time
Assets related to discontinued operations (Note 8)	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$4.00M	USD	Point-in-time
Assets related to discontinued operations (Note 8)	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$214.00M	USD	Point-in-time
Total assets	`Assets`	$1.44B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$98.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$67.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$232.00M	USD	Point-in-time
Subservicing advance liabilities	`SubservicingAdvanceLiabilities`	$194.00M	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	$419.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$60.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$41.00M	USD	Point-in-time
Mortgage servicing rights secured liability	`MortgageServicingRightsSecuredBorrowingLiability`	$437.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$33.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$302.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$59.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$117.00M	USD	Point-in-time
Servicing advances, net	`ServicingAdvancesNet`	$356.00M	USD	Point-in-time
Total assets	`Assets`	$1.44B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Unsecured debt, net	`UnsecuredDebt`	$118.00M	USD	Point-in-time
Unsecured debt, net	`UnsecuredDebt`	$118.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$27.00M	USD	Point-in-time
Loan repurchase and indemnification liability	`LiabilitiesForProbableLossesRelatedToRepurchaseAndIndemnificationObligations`	$29.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$46.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$59.00M	USD	Point-in-time
Mortgage warehouse and advance facilities	`MortgageWarehouseAndServicingAdvanceFacilities`	$117.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$42.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$953.00M	USD	Point-in-time
Liabilities related to discontinued operations (Note 8)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$199.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26B	USD	Point-in-time
Liabilities related to discontinued operations (Note 8)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$9.00M	USD	Point-in-time
Pension adjustment, income tax benefit	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax`	$6.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$953.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26B	USD	Point-in-time
Pension adjustment, income tax benefit	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax`	$6.00M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	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
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	2 Qtrs
Amounts reclassified out of accumulated other comprehensive loss	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	2 Qtrs
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 32,577,256 shares issued and outstanding at June 30, 2018; 32,547,258 shares issued and outstanding at December 31, 2017	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 32,577,256 shares issued and outstanding at June 30, 2018; 32,547,258 shares issued and outstanding at December 31, 2017	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$565.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$566.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-3.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-68.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	Point-in-time
Total PHH Corporation stockholders equity	`StockholdersEquity`	$553.00M	USD	Point-in-time
Total PHH Corporation stockholders equity	`StockholdersEquity`	$489.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.44B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.81B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$61.00M	USD	2 Qtrs
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$40.00M	USD	1 Quarter
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$28.00M	USD	1 Quarter
Loan servicing income, net	`NetLoanServicingIncomeLoss`	$83.00M	USD	2 Qtrs
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$21.00M	USD	2 Qtrs
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$10.00M	USD	2 Qtrs
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$5.00M	USD	1 Quarter
Gain on loans held for sale, net	`GainLossOnSalesOfLoansNet`	$9.00M	USD	1 Quarter
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$1.00M	USD	1 Quarter
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$2.00M	USD	2 Qtrs
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	-	USD	1 Quarter
Origination and other loan fees	`FeesAndCommissionsMortgageBanking`	$1.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-25.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-14.00M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-6.00M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-11.00M	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	-	USD	1 Quarter
Other income	`NoninterestIncomeOtherOperatingIncome`	$15.00M	USD	2 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	$2.00M	USD	2 Qtrs
Other income	`NoninterestIncomeOtherOperatingIncome`	-	USD	1 Quarter
Total net revenues	`Revenues`	$31.00M	USD	1 Quarter
Total net revenues	`Revenues`	$35.00M	USD	1 Quarter
Total net revenues	`Revenues`	$85.00M	USD	2 Qtrs
Total net revenues	`Revenues`	$71.00M	USD	2 Qtrs
Salaries and related expenses	`LaborAndRelatedExpense`	$28.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$60.00M	USD	2 Qtrs
Salaries and related expenses	`LaborAndRelatedExpense`	$36.00M	USD	1 Quarter
Salaries and related expenses	`LaborAndRelatedExpense`	$72.00M	USD	2 Qtrs
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$5.00M	USD	1 Quarter
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$6.00M	USD	2 Qtrs
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$12.00M	USD	2 Qtrs
Foreclosure and repossession expenses	`ForeclosedRealEstateExpense`	$3.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$22.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$53.00M	USD	2 Qtrs
Professional and third-party service fees	`ProfessionalFees`	$16.00M	USD	1 Quarter
Professional and third-party service fees	`ProfessionalFees`	$34.00M	USD	2 Qtrs
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$7.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$7.00M	USD	1 Quarter
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$14.00M	USD	2 Qtrs
Technology equipment and software expenses	`TechnologyEquipmentAndSoftwareExpenses`	$14.00M	USD	2 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$11.00M	USD	2 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$12.00M	USD	2 Qtrs
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$6.00M	USD	1 Quarter
Occupancy and other office expenses	`CommunicationsInformationTechnologyAndOccupancy`	$6.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$2.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$5.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.00M	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	2 Qtrs
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$4.00M	USD	1 Quarter
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	$13.00M	USD	2 Qtrs
Exit and disposal costs	`RestructuringAndRelatedCostIncurredCost`	-	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$23.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$41.00M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$9.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$16.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$147.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$223.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$106.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$71.00M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-62.00M	USD	2 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-36.00M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-152.00M	USD	2 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-75.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-57.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-33.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.00M	USD	2 Qtrs
Loss from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$-63.00M	USD	2 Qtrs
Loss from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$-37.00M	USD	1 Quarter
Loss from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$-95.00M	USD	2 Qtrs
Loss from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$-42.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-8.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$2.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-26.00M	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-35.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-65.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00M	USD	2 Qtrs
Less: net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-8.00M	USD	2 Qtrs
Less: net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: net loss attributable to noncontrolling interest from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-35.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-113.00M	USD	2 Qtrs
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-46.00M	USD	1 Quarter
Net loss attributable to PHH Corporation	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-65.00M	USD	2 Qtrs
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-113.00M	USD	2 Qtrs
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-46.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-35.00M	USD	1 Quarter
Comprehensive loss attributable to PHH Corporation	`ComprehensiveIncomeNetOfTax`	$-65.00M	USD	2 Qtrs
Basic and Diluted loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.78	USD	1 Quarter
Basic and Diluted loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.77	USD	2 Qtrs
Basic and Diluted loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.92	USD	2 Qtrs
Basic and Diluted loss per share from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.11	USD	1 Quarter
Basic and Diluted earnings (loss) per share from discontinued operations (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.34	USD	2 Qtrs
Basic and Diluted earnings (loss) per share from discontinued operations (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.08	USD	1 Quarter
Basic and Diluted earnings (loss) per share from discontinued operations (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$0.04	USD	1 Quarter
Basic and Diluted earnings (loss) per share from discontinued operations (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.08	USD	2 Qtrs
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.86	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-2.11	USD	2 Qtrs
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.07	USD	1 Quarter
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-2.00	USD	2 Qtrs
Weighted-average common shares outstanding basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	53.51M	shares	2 Qtrs
Weighted-average common shares outstanding basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.67M	shares	1 Quarter
Weighted-average common shares outstanding basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.66M	shares	2 Qtrs
Weighted-average common shares outstanding basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	53.34M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-35.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-65.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-50.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00M	USD	2 Qtrs
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$3.00M	USD	2 Qtrs
Capitalization of originated mortgage servicing rights	`ServicingAssetAtFairValueAdditionsOriginatedMSRs`	$18.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$13.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-29.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-58.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights and related derivatives	`ValuationAdjustmentsRelatedToMortgageServicingRightsNet`	$-10.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$-18.00M	USD	2 Qtrs
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$-1.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$6.00M	USD	1 Quarter
Change in fair value of mortgage servicing rights secured liability	`ChangeinFairValueofMortgageServicingRightsSecuredLiability`	$-1.00M	USD	2 Qtrs
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$3.79B	USD	2 Qtrs
Origination of mortgage loans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$417.00M	USD	2 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$3.98B	USD	2 Qtrs
Proceeds on sale of and payments from mortgage loans held for sale	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$646.00M	USD	2 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$121.00M	USD	2 Qtrs
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives	`NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives`	$13.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$2.00M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$5.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.00M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	-	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxNoncashExpenseBenefit`	$-90.00M	USD	2 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$50.00M	USD	2 Qtrs
Other adjustments and changes in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-148.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$108.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.00M	USD	2 Qtrs
Net cash paid on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$45.00M	USD	2 Qtrs
Net cash paid on derivatives related to mortgage servicing rights	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$3.00M	USD	1 Quarter
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$20.00M	USD	1 Quarter
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$9.00M	USD	2 Qtrs
Proceeds on sale of mortgage servicing rights	`ProceedsFromSaleOfMortgageServicingRightsMSR`	$91.00M	USD	2 Qtrs
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	-	USD	2 Qtrs
Proceeds on sale of servicing advances	`ProceedsFromSaleOfServicingAdvances`	$11.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$57.00M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.00M	USD	2 Qtrs
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$4.46B	USD	2 Qtrs
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$722.00M	USD	2 Qtrs
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$914.00M	USD	2 Qtrs
Principal payments on secured borrowings	`RepaymentsOfSecuredDebt`	$4.53B	USD	2 Qtrs
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$1.00M	USD	1 Quarter
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$102.00M	USD	2 Qtrs
Proceeds from mortgage servicing rights secured liability	`ProceedsfromMortgageServicingRightsSecuredLiability`	$8.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$24.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Cash used to acquire mandatorily redeemable noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Cash used to acquire mandatorily redeemable noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-203.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.00M	USD	2 Qtrs
Net (decrease) increase in Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-88.00M	USD	2 Qtrs
Net (decrease) increase in Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$113.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.08B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$583.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$495.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$963.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.08B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$583.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$495.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$963.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period - continuing operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$494.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period - continuing operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period - discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$76.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period - discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$1.00M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$489.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$553.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$946.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	32.58M	shares	Point-in-time
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-113.00M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-35.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-65.00M	USD	2 Qtrs
Adjustment to redemption value of noncontrolling interest	`MinorityInterestChangeInRedemptionValue`	$-7.00M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	2 Qtrs
Reclassification of stock awards	`AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationReclassification`	$4.00M	USD	2 Qtrs
Stock issued under share-based payment plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	2 Qtrs
Repurchase of Common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$24.00M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$489.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$553.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$946.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	32.55M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	32.58M	shares	Point-in-time
Adjustment to redemption value of noncontrolling interest	`MinorityInterestChangeInRedemptionValue`	$-7.00M	USD	2 Qtrs

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