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Consolidated Statements of Operations - USD ($)
$ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Jul. 31, 2018
Sep. 30, 2018
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Jul. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:                          
Service related, net   $ 259 $ 159             $ 418      
Net gain on mortgage loans held for sale   83 93             176      
Total revenues   342 252             594      
Expenses:                          
Salaries, wages and benefits                   337      
General and administrative                   370      
Total expenses   275 432             707      
Other income (expenses):                          
Interest income                   256      
Interest expense                   (293)      
Other income (expenses)                   13      
Total other income (expenses), net   (26) 2             (24)      
(Loss) income before income tax (benefit) expense   41 (178)             (137)      
Less: Income tax (benefit) expense   (979) (42)             (1,021)      
Net income (loss)   1,020 (136)             884      
Less: Net income (loss) attributable to non-controlling interests   0 0             0      
Net income attributable to Successor/Predecessor   1,020 (136)             884      
Less: Undistributed earnings attributable to participating stockholders   9 0             8      
Net income attributable to common stockholders   $ 1,011 $ (136)             $ 876      
Net income per common share attributable to Successor/Predecessor:                          
Basic (in dollars per share)   $ 11.13 $ (1.50)             $ 9.65      
Diluted (in dollars per share)   $ 10.99 $ (1.50)             $ 9.54      
Predecessor                          
Revenues:                          
Service related, net $ 120     $ 317 $ 464 $ 295 $ 252 $ 213 $ 283   $ 901 $ 1,043 $ 1,122
Net gain on mortgage loans held for sale 44     127 124 142 154 167 144   295 607 793
Total revenues 164     444 588 437 406 380 427   1,196 1,650 1,915
Expenses:                          
Salaries, wages and benefits                     426 742 813
General and administrative                     519 733 831
Total expenses 242     339 364 366 368 369 372   945 1,475 1,644
Other income (expenses):                          
Interest income                     333 597 425
Interest expense                     (388) (731) (665)
Other income (expenses)                     6 3 (2)
Total other income (expenses), net (5)     (26) (18) (13) (26) (40) (52)   (49) (131) (242)
(Loss) income before income tax (benefit) expense (83)     79 206 58 12 (29) 3   202 44 29
Less: Income tax (benefit) expense (19)     21 46 17 5 (10) 1   48 13 13
Net income (loss) (64)     58 160 41 7 (19) 2   154 31 16
Less: Net income (loss) attributable to non-controlling interests 0     0 0 0 0 1 0   0 1 (3)
Net income attributable to Successor/Predecessor (64)     58 160 $ 41 $ 7 $ (20) $ 2   154 30 19
Less: Undistributed earnings attributable to participating stockholders 0     0 0           0 0 0
Net income attributable to common stockholders $ (64)     $ 58 $ 160           $ 154 $ 30 $ 19
Net income per common share attributable to Successor/Predecessor:                          
Basic (in dollars per share) $ (0.65)     $ 0.59 $ 1.63 $ 0.42 $ 0.07 $ (0.20) $ 0.02   $ 1.57 $ 0.31 $ 0.19
Diluted (in dollars per share) $ (0.65)     $ 0.59 $ 1.61 $ 0.41 $ 0.07 $ (0.20) $ 0.02   $ 1.55 $ 0.30 $ 0.19