XML 43 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Details)
Loan in Thousands, $ in Millions
3 Months Ended 6 Months Ended 8 Months Ended
Feb. 27, 2018
USD ($)
Jun. 30, 2018
USD ($)
Loan
Mar. 31, 2018
Jun. 30, 2018
USD ($)
segment
Dec. 31, 2018
Loan
Mar. 19, 2018
Dec. 31, 2017
USD ($)
Jun. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Accounting Policies [Line Items]                  
Number of reportable segments | segment       2          
Number of subservicing units transferred, subject to portfolio defense agreement | Loan   45              
Total merger consideration to be received at closing $ 360                
Notice period of purchase requirement     2 years            
Total PHH Corporation stockholders’ equity   $ 489   $ 489     $ 553 $ 946 $ 1,090
Additional paid-in capital   566   566     565    
Cash and cash equivalents   453   453     509 940  
Restricted cash   41   41     33 60  
Assets related to discontinued operations   1   1       76  
Total Cash, cash equivalents and restricted cash   $ 495   $ 495     $ 583 1,076 $ 963
Forecast                  
Accounting Policies [Line Items]                  
Number of subservicing units expected to be transferred | Loan         140        
Number of subservicing units expected to be transferred, percent         22.00%        
Number of subservicing units expected to be transferred, subject to portfolio defense agreement | Loan         65        
Restatement adjustment                  
Accounting Policies [Line Items]                  
Total PHH Corporation stockholders’ equity               (32)  
Redeemable noncontrolling interest               32  
Additional paid-in capital               $ (9)  
Subservicing portfolio | Customer concentration risk | New Residential Mortgage, LLC                  
Accounting Policies [Line Items]                  
Concentration risk, percentage       62.00%          
Subservicing portfolio | Customer concentration risk | Pingora Loan Servicing, LLC                  
Accounting Policies [Line Items]                  
Concentration risk, percentage       12.00%          
PHH Home Loans | Realogy                  
Accounting Policies [Line Items]                  
Percentage of interests acquired           49.90%      
New Residential Mortgage, LLC                  
Accounting Policies [Line Items]                  
Percentage of subservicing units eligible to be transferred in next twelve months   25.00%   25.00%          
Percentage of subservicing units eligible to be transferred after next twelve months   25.00%   25.00%