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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of segment results
Segment results were as follows:
 
Total Assets
 
September 30,
2016
 
December 31, 2015
 
(In millions)
Mortgage Production segment
$
1,062

 
$
1,036

Mortgage Servicing segment
1,476

 
1,802

Other
908

 
804

Total
$
3,446

 
$
3,642


 
Net Revenues
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions)
Mortgage Production segment
$
168

 
$
149

 
$
443

 
$
460

Mortgage Servicing segment
29

 
20

 
107

 
201

Other
—

 
—

 
—

 
6

Total
$
197

 
$
169

 
$
550

 
$
667

 
 
Segment Profit (Loss) (2)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions)
Mortgage Production segment
$
22

 
$
(10
)
 
$
9

 
$
(26
)
Mortgage Servicing segment
(52
)
 
(77
)
 
(106
)
 
(66
)
Other (1)
(5
)
 
(3
)
 
(10
)
 
(49
)
Total
$
(35
)
 
$
(90
)
 
$
(107
)
 
$
(141
)
———————
(1)  
For the nine months ended September 30, 2015, the net results for Other include a $30 million loss on the exchange of the Convertible notes due in 2017.
(2)  
The following is a reconciliation of Income or loss before income taxes to Segment profit or loss: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions)
Loss before income taxes
$
(29
)
 
$
(87
)
 
$
(98
)
 
$
(130
)
Less: net income attributable to noncontrolling interest
6

 
3

 
9

 
11

Segment loss
$
(35
)
 
$
(90
)
 
$
(107
)
 
$
(141
)
Schedule of reconciliation of Income (loss) before income taxes to Segment profit (loss)
The following is a reconciliation of Income or loss before income taxes to Segment profit or loss: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions)
Loss before income taxes
$
(29
)
 
$
(87
)
 
$
(98
)
 
$
(130
)
Less: net income attributable to noncontrolling interest
6

 
3

 
9

 
11

Segment loss
$
(35
)
 
$
(90
)
 
$
(107
)
 
$
(141
)