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Segment Information
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Information
13. Segment Information
 
During the three months ended March 31, 2018, the Company completed substantially all of the run-off activities of the PLS business and Real Estate channel. Accordingly, the results of these businesses have been presented as discontinued operations, and excluded from continuing operations and segment results for all periods presented. Refer to Note 8, 'Discontinued Operations' for additional information.

Continuing operations are conducted through the following two reportable segments:

Mortgage Servicing — acts as a subservicer for clients that own the underlying mortgage servicing rights and performs servicing activities for owned mortgage servicing rights. 
Mortgage Production — provides portfolio origination retention services to subservicing clients and sells the related mortgage loans in the secondary market.

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 certain Exit and disposal costs, Professional and third-party service fees incurred related to strategic actions and certain general corporate overhead expenses that were previously allocated to the PLS business and Real Estate channel.  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.

Segment results were as follows:
 
Total Assets
 
June 30,
2018
 
December 31, 2017
 
(In millions)
Mortgage Servicing segment
$
861

 
$
919

Mortgage Production segment
103

 
191

Other
474

 
487

Assets related to discontinued operations
4

 
214

Total
$
1,442

 
$
1,811


 
Net Revenues
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
 
(In millions)
Mortgage Servicing segment
$
29

 
$
21

 
$
73

 
$
48

Mortgage Production segment
6

 
10

 
12

 
23

Total
$
35

 
$
31

 
$
85

 
$
71


 
Segment Loss
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
 
(In millions)
Mortgage Servicing segment
$
(21
)
 
$
(43
)
 
$
(27
)
 
$
(77
)
Mortgage Production segment
(14
)
 
(7
)
 
(30
)
 
(15
)
Other
(1
)
 
(25
)
 
(5
)
 
(60
)
Total
$
(36
)
 
$
(75
)
 
$
(62
)
 
$
(152
)