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Segment Information (Details)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
segment
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Segment Reporting [Abstract]                      
Number of reportable segments | segment                 2    
Segment Information                      
Total Assets $ 3,652 [1]       $ 4,296       $ 3,652 [1] $ 4,296  
Net Revenues 123 $ 169 $ 237 $ 261 180 $ 152 $ 196 $ 111 790 639 $ 1,200
Segment (loss) profit [2]                 (227) (290) 111
Pre-tax loss on extinguishment of debt                 30 24 54
Interest income                 44 42 70
Interest expense                 90 130 185
Corporate, Non-Segment                      
Segment Information                      
Total Assets 814       1,163       814 1,163  
Net Revenues [3]                 6 11 0
Segment (loss) profit [2],[3]                 (49) (46) (66)
Pre-tax loss on extinguishment of debt                 30 24 54
Mortgage Production segment | Operating segment                      
Segment Information                      
Total Assets 1,036       1,209       1,036 1,209  
Net Revenues                 586 465 821
Segment (loss) profit [2]                 (47) (141) 22
Interest income                 40 38 63
Interest expense                 45 77 127
Mortgage Servicing segment | Operating segment                      
Segment Information                      
Total Assets $ 1,802       $ 1,924       1,802 1,924  
Net Revenues                 198 163 379
Segment (loss) profit [2]                 (131) (103) 155
Interest income                 4 4 7
Interest expense                 $ 45 $ 53 $ 58
[1] The Consolidated Balance Sheets include assets of variable interest entities which can be used only to settle the obligations and liabilities of variable interest entities which creditors or beneficial interest holders do not have recourse to PHH Corporation and subsidiaries as follows: December 31, 2015 2014ASSETS Cash and cash equivalents$80 $85Restricted cash18 23Mortgage loans held for sale389 378Accounts receivable, net5 8Servicing advances, net157 155Property and equipment, net1 1Other assets12 8Total assets$662 $658 LIABILITIES Accounts payable and accrued expenses$14 $16Debt456 443Other liabilities6 11Total liabilities$476 $470
[2] The following is a reconciliation of Income or loss from continuing operations before income taxes to Segment profit or loss: Year Ended December 31, 2015 2014 2013 (In millions)(Loss) income from continuing operations before income taxes$(213) $(284) $140Less: net income attributable to noncontrolling interest14 6 29Segment (loss) profit$(227) $(290) $111
[3] Net results for Other includes the pre-tax loss on the early repayment of certain unsecured debt obligations which were not allocated to the reportable segments which totaled $30 million, $24 million and $54 million for 2015, 2014 and 2013, respectively.