XML 88 R122.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Business Segment Reporting - Financial Information (Details)
$ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Jul. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Jul. 31, 2018
USD ($)
Dec. 31, 2019
USD ($)
segment
Dec. 31, 2017
USD ($)
Segment Reporting Information [Line Items]                          
Number of reportable segments | segment                       4  
Revenues:                          
Service related, net $ 120 $ 259 $ 430 $ 258 $ 137 $ 84 $ 159 $ 317 $ 464 $ 418 $ 901 $ 909 $ 1,043
Net gain on mortgage loans held for sale 44 83 310 360 262 166 93 127 124 176 295 1,098 607
Total revenues 164 342 740 618 399 250 252 444 588 594 1,196 2,007 1,650
Total expenses 242 275 438 478 492 443 432 339 364 707 945 1,851 1,475
Other income (expenses), net:                          
Interest income                   256 333 605 597
Interest expense                   (293) (388) (779) (731)
Other (expenses) income, net                   13 6 15 3
Total other income (expenses), net (5) (26) (62) (33) (24) (40) 2 (26) (18) (24) (49) (159) (131)
(Loss) income before income tax expense (83) $ 41 240 $ 107 $ (117) $ (233) (178) $ 79 $ 206 (137) 202 (3) 44
Depreciation and amortization for property and equipment and intangible assets                   39 33 91 59
Total assets 17,026   18,305       16,973     16,973 17,026 18,305 18,036
Eliminations                          
Revenues:                          
Service related, net                   0 (25) (3) (79)
Net gain on mortgage loans held for sale                   0 25 0 79
Total revenues                   0 0 (3) 0
Total expenses                   0 0 (3) 0
Other income (expenses), net:                          
Interest income                   0 0 0 0
Interest expense                   0 0 0 0
Other (expenses) income, net                   0 0 0 0
Total other income (expenses), net                   0 0 0 0
(Loss) income before income tax expense                   0 0 0 0
Depreciation and amortization for property and equipment and intangible assets                   0 0 0 0
Total assets (3,591)   (4,826)       (3,772)     (3,772) (3,591) (4,826) (3,117)
Total Operating Segments                          
Revenues:                          
Service related, net                   418 900 907 1,041
Net gain on mortgage loans held for sale                   176 295 1,087 607
Total revenues                   594 1,195 1,994 1,648
Total expenses                   636 842 1,653 1,377
Other income (expenses), net:                          
Interest income                   249 326 598 582
Interest expense                   (200) (305) (567) (577)
Other (expenses) income, net                   12 8 22 6
Total other income (expenses), net                   61 29 53 11
(Loss) income before income tax expense                   19 382 394 282
Depreciation and amortization for property and equipment and intangible assets                   19 29 51 47
Total assets 16,113   16,001       15,072     15,072 16,113 16,001 17,217
Total Operating Segments | Servicing                          
Revenues:                          
Service related, net                   217 740 408 766
Net gain on mortgage loans held for sale                   19 0 124 0
Total revenues                   236 740 532 766
Total expenses                   303 474 690 691
Other income (expenses), net:                          
Interest income                   222 288 500 527
Interest expense                   (173) (268) (469) (523)
Other (expenses) income, net                   6 (1) 4 (3)
Total other income (expenses), net                   55 19 35 1
(Loss) income before income tax expense                   (12) 285 (123) 76
Depreciation and amortization for property and equipment and intangible assets                   9 15 19 23
Total assets 14,578   11,044       13,485     13,485 14,578 11,044 15,006
Total Operating Segments | Originations                          
Revenues:                          
Service related, net                   24 36 80 63
Net gain on mortgage loans held for sale                   157 270 963 528
Total revenues                   181 306 1,043 591
Total expenses                   155 245 568 439
Other income (expenses), net:                          
Interest income                   27 38 98 55
Interest expense                   (26) (37) (98) (54)
Other (expenses) income, net                   5 0 4 0
Total other income (expenses), net                   6 1 4 1
(Loss) income before income tax expense                   32 62 479 153
Depreciation and amortization for property and equipment and intangible assets                   5 7 18 10
Total assets 4,701   9,257       4,866     4,866 4,701 9,257 4,935
Total Operating Segments | Xome                          
Revenues:                          
Service related, net                   177 149 422 291
Net gain on mortgage loans held for sale                   0 0 0 0
Total revenues                   177 149 422 291
Total expenses                   178 123 398 247
Other income (expenses), net:                          
Interest income                   0 0 0 0
Interest expense                   (1) 0 0 0
Other (expenses) income, net                   1 9 14 9
Total other income (expenses), net                   0 9 14 9
(Loss) income before income tax expense                   (1) 35 38 53
Depreciation and amortization for property and equipment and intangible assets                   5 7 14 14
Total assets 425   526       493     493 425 526 393
Corporate/ Other                          
Revenues:                          
Service related, net                   0 1 2 2
Net gain on mortgage loans held for sale                   0 0 11 0
Total revenues                   0 1 13 2
Total expenses                   71 103 198 98
Other income (expenses), net:                          
Interest income                   7 7 7 15
Interest expense                   (93) (83) (212) (154)
Other (expenses) income, net                   1 (2) (7) (3)
Total other income (expenses), net                   (85) (78) (212) (142)
(Loss) income before income tax expense                   (156) (180) (397) (238)
Depreciation and amortization for property and equipment and intangible assets                   20 4 40 12
Total assets $ 913   $ 2,304       $ 1,901     $ 1,901 $ 913 $ 2,304 $ 819