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Segment Information
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information
14. Segment Information
 
Operations are conducted through the following two reportable segments:

▪
Mortgage Production — provides mortgage loan origination services and sells mortgage loans.
 
▪
Mortgage Servicing — performs servicing activities for loans originated by the Company and mortgage servicing rights purchased from others, and acts as a subservicer for certain clients that own the underlying mortgage servicing rights.
 
The Company's operations are located in the U.S. The heading Other includes expenses that are not allocated back to the two reportable segments, which may include Loss on early debt retirement, certain Exit and disposal costs and Professional and third-party service fees incurred related to the strategic review.  Management evaluates the operating results of each of the reportable segments based upon Net revenues and Segment profit or loss, which is presented as the Income or loss before income tax expense or benefit and after Net income or loss attributable to noncontrolling interest. The Mortgage Production segment profit or loss excludes Realogy’s noncontrolling interest in the profit or loss of PHH Home Loans.
 
Segment results were as follows:
 
Total Assets
 
September 30,
2017
 
December 31, 2016
 
(In millions)
Mortgage Production segment
$
803

 
$
913

Mortgage Servicing segment
1,010

 
1,428

Other
488

 
834

Total
$
2,301

 
$
3,175


 
Net Revenues
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
Mortgage Production segment
$
98

 
$
168

 
$
276

 
$
443

Mortgage Servicing segment
23

 
29

 
71

 
107

Total
$
121

 
$
197

 
$
347

 
$
550

 
 
Segment (Loss) Profit(1)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
Mortgage Production segment
$
(18
)
 
$
22

 
$
(84
)
 
$
9

Mortgage Servicing segment
(37
)
 
(52
)
 
(114
)
 
(106
)
Other
(36
)
 
(5
)
 
(73
)
 
(10
)
Total
$
(91
)
 
$
(35
)
 
$
(271
)
 
$
(107
)
———————
(1)  
The following is a reconciliation of Loss before income taxes to Segment loss: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
Loss before income taxes
$
(78
)
 
$
(29
)
 
$
(266
)
 
$
(98
)
Less: net income attributable to noncontrolling interest
13

 
6

 
5

 
9

Segment loss
$
(91
)
 
$
(35
)
 
$
(271
)
 
$
(107
)