Business Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present financial information by segment.

	Successor
	For the Period August 1 - December 31, 2018
	Servicing			Originations			Xome			Eliminations			Total Operating Segments			Corporate and Other			Consolidated
Revenues
Service related, net	$	236		$	24		$	177		$	(19	)	$	418		$	—		$	418
Net gain on mortgage loans held for sale	—			157			—			19			176			—			176
Total revenues	236			181			177			—			594			—			594
Total expenses	303			155			178			—			636			71			707
Other income (expenses):
Interest income	222			27			—			—			249			7			256
Interest expense	(173		)	(26		)	(1		)	—			(200		)	(93		)	(293		)
Other income	6			5			1			—			12			1			13
Total other income (expenses), net	55			6			—			—			61			(85		)	(24		)
Income (loss) before income tax expense (benefit)	$	(12	)	$	32		$	(1	)	$	—		$	19		$	(156	)	$	(137	)
Depreciation and amortization for property and equipment and intangible assets	$	9		$	5		$	5		$	—		$	19		$	20		$	39
Total assets	$	13,485		$	4,866		$	493		$	(3,772	)	$	15,072		$	1,901		$	16,973

	Predecessor
	For the Period January 1 - July 31, 2018
	Servicing			Originations			Xome		Eliminations			Total Operating Segments			Corporate and Other			Consolidated
Revenues
Service related, net	$	740		$	36		$	149	$	(25	)	$	900		$	1		$	901
Net gain on mortgage loans held for sale	—			270			—		25			295			—			295
Total revenues	740			306			149		—			1,195			1			1,196
Total expenses	474			245			123		—			842			103			945
Other income (expenses):
Interest income	288			38			—		—			326			7			333
Interest expense	(268		)	(37		)	—		—			(305		)	(83		)	(388		)
Other income (expense)	(1		)	—			9		—			8			(2		)	6
Total other income (expenses), net	19			1			9		—			29			(78		)	(49		)
Income (loss) before income tax expense (benefit)	$	285		$	62		$	35	$	—		$	382		$	(180	)	$	202
Depreciation and amortization for property and equipment and intangible assets	$	15		$	7		$	7	$	—		$	29		$	4		$	33
Total assets	$	14,578		$	4,701		$	425	$	(3,591	)	$	16,113		$	913		$	17,026

	Predecessor
	Year Ended December 31, 2017
	Servicing			Originations			Xome		Eliminations			Total Operating Segments			Corporate and Other			Consolidated
Revenues
Service related, net	$	766		$	63		$	291	$	(79	)	$	1,041		$	2		$	1,043
Net gain on mortgage loans held for sale	—			528			—		79			607			—			607
Total revenues	766			591			291		—			1,648			2			1,650
Total expenses	691			439			247		—			1,377			98			1,475
Other income (expenses):
Interest income	527			55			—		—			582			15			597
Interest expense	(523		)	(54		)	—		—			(577		)	(154		)	(731		)
Other income (expense)	(3		)	—			9		—			6			(3		)	3
Total other income (expenses), net	1			1			9		—			11			(142		)	(131		)
Income (loss) before income tax expense (benefit)	$	76		$	153		$	53	$	—		$	282		$	(238	)	$	44
Depreciation and amortization for property and equipment and intangible assets	$	23		$	10		$	14	$	—		$	47		$	12		$	59
Total assets	$	15,006		$	4,935		$	393	$	(3,117	)	$	17,217		$	819		$	18,036

	Predecessor
	Year Ended December 31, 2016
	Servicing			Originations			Xome		Eliminations			Total Operating Segments			Corporate and Other			Consolidated
Revenues
Service related, net	$	753		$	63		$	423	$	(118	)	$	1,121		$	1		$	1,122
Net gain on mortgage loans held for sale	—			675			—		118			793			—			793
Total revenues	753			738			423		—			1,914			1			1,915
Total expenses	634			527			354		—			1,515			129			1,644
Other income (expenses):
Interest income	347			63			—		—			410			15			425
Interest expense	(442		)	(58		)	—		—			(500		)	(165		)	(665		)
Other expense	—			(1		)	—		—			(1		)	(1		)	(2		)
Total other income (expenses), net	(95		)	4			—		—			(91		)	(151		)	(242		)
Income (loss) before income tax expense (benefit)	$	24		$	215		$	69	$	—		$	308		$	(279	)	$	29
Depreciation and amortization for property and equipment and intangible assets	$	23		$	11		$	21	$	—		$	55		$	8		$	63
Total assets	$	16,189		$	4,563		$	349	$	(2,448	)	$	18,653		$	940		$	19,593