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Selected Quarterly Financial Data-(unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Summary of selected unaudited quarterly financial data
The following tables present selected unaudited quarterly financial data:
 
Quarter Ended
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
 
(In millions, except per share data)
Net revenues
$
114

 
$
112

 
$
121

 
$
109

Loss before income taxes
(105
)
 
(83
)
 
(78
)
 
(7
)
Net loss
(71
)
 
(50
)
 
(42
)
 
(31
)
Net loss attributable to PHH Corporation
(67
)
 
(46
)
 
(55
)
 
(49
)
 
 
 
 
 
 
 
 
Basic and Diluted loss per share attributable to PHH Corporation
$
(1.26
)
 
$
(0.86
)
 
$
(1.14
)
 
$
(1.49
)
 
 
Quarter Ended
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 21,
2016
 
(In millions, except per share data)
Net revenues
$
157

 
$
196

 
$
197

 
$
72

Loss before income taxes
(49
)
 
(20
)
 
(29
)
 
(206
)
Net loss
(30
)
 
(9
)
 
(21
)
 
(133
)
Net loss attributable to PHH Corporation
(30
)
 
(12
)
 
(27
)
 
(133
)
 
 
 
 
 
 
 
 
Basic and Diluted loss per share attributable to PHH Corporation
$
(0.56
)
 
$
(0.22
)
 
$
(0.50
)
 
$
(2.49
)