CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
REVENUES
Loan servicing income, net	$ 40	$ 28	$ 83	$ 61
Gain on loans held for sale, net	5	9	10	21
Origination and other loan fees	1	0	2	1
Net interest expense	(11)	(6)	(25)	(14)
Other income	0	0	15	2
Total net revenues	35	31	85	71
EXPENSES
Salaries and related expenses	28	36	60	72
Foreclosure and repossession expenses	3	5	6	12
Professional and third-party service fees	16	22	34	53
Technology equipment and software expenses	7	7	14	14
Occupancy and other office expenses	6	6	12	11
Depreciation and amortization	2	3	5	7
Exit and disposal costs	0	4	0	13
Other operating expenses	9	23	16	41
Total expenses	71	106	147	223
Loss from continuing operations before income taxes	(36)	(75)	(62)	(152)
Income tax expense (benefit)	1	(33)	1	(57)
Loss from continuing operations, net of tax	(37)	(42)	(63)	(95)
Income (loss) from discontinued operations, net of tax	2	(8)	(2)	(26)
Net loss	(35)	(50)	(65)	(121)
Less: net loss attributable to noncontrolling interest from discontinued operations	0	(4)	0	(8)
Net loss attributable to PHH Corporation	(35)	(46)	(65)	(113)
Comprehensive loss attributable to PHH Corporation	$ (35)	$ (46)	$ (65)	$ (113)
Basic and Diluted earnings (loss) per share:
Basic and Diluted loss per share from continuing operations (in usd per share)	$ (1.11)	$ (0.78)	$ (1.92)	$ (1.77)
Basic and Diluted earnings (loss) per share from discontinued operations (in usd per share)	0.04	(0.08)	(0.08)	(0.34)
Basic and Diluted loss per share attributable to PHH Corporation (in usd per share)	$ (1.07)	$ (0.86)	$ (2.00)	$ (2.11)
Weighted-average common shares outstanding:
Weighted-average common shares outstanding — basic & diluted (in shares)	32,668,668	53,342,256	32,657,107	53,511,445