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Unaudited Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Service related, net $ 137 $ 317 $ 221 $ 781
Net gain on mortgage loans held for sale 262 127 428 251
Total revenues 399 444 649 1,032
Expenses:        
Salaries, wages and benefits 238 177 453 357
General and administrative 254 162 482 346
Total expenses 492 339 935 703
Other income (expenses):        
Interest income 162 140 296 285
Interest expense (187) (164) (376) (335)
Other income (expenses) 1 (2) 16 6
Total other income (expenses), net (24) (26) (64) (44)
(Loss) income before income tax (benefit) expense (117) 79 (350) 285
Less: Income tax (benefit) expense (29) 21 (76) 67
Net (loss) income (88) 58 (274) 218
Less: Net (loss) income attributable to non-controlling interests (1) 0 (1) 0
Net (loss) income attributable to Successor/Predecessor (87) 58 (273) 218
Less: Undistributed earnings attributable to participating stockholders 0 0 0 0
Net (loss) income attributable to common stockholders $ (87) $ 58 $ (273) $ 218
Net (loss) income per common share attributable to Successor/Predecessor:        
Basic (in dollars per share) $ (0.96) $ 0.59 $ (3.00) $ 2.22
Diluted (in dollars per share) $ (0.96) $ 0.59 $ (3.00) $ 2.20